The European Banking Authority (EBA) published technical advice on EU Taxonomy disclosures on 29 October 2026, recommending that financial firms not include non-financial undertakings’ operational-expenditure KPI in their KPI calculations and that Green Asset Ratio templates for banks be simplified and clarified.
The EBA recommends against adding the operational-expenditure KPI disclosed by non-financial companies to financial firms’ KPI calculations. It also calls for simpler, clearer Green Asset Ratio templates for credit institutions, alongside changes to templates for asset management and investment firm activities. The available details do not establish whether companies’ own operational-expenditure disclosures would change or which fields banks would report under revised templates.
The European Commission requested advice from the EBA and other European Supervisory Authorities in March 2026 for its forthcoming review of the Disclosures Delegated Act under Article 8 of the Taxonomy Regulation. The EBA developed its response with ESMA and EIOPA and took public-consultation feedback into account. The recommendations are advice to the Commission, not final disclosure requirements; the available facts give no date for a decision on the review.
