Sustainability now: The EU Taxonomy Regulation gets simplified

A video of this podcast is available on YouTube, Spotify, or PwC’s website at viewpoint.pwc.com In this episode, we break down the amendments to the EU Taxonomy Regulation adopted by the European Commission in July 2025. Learn about the changes, what they mean for both financial and non-financial companies, and what may still be on the horizon. Plus, we’ll share practical steps companies can take as they prepare for implementation. In this episode, we discuss: 1:10 – Overview of the EU Taxonomy Regulation and potential changes to come 7:46 – Changes on the horizon for non-financial services companies 17:14 – Major reliefs for financial services companies 25:10 – Next steps for the EU Taxonomy Regulation and what companies can do now Looking for more on the EU Taxonomy regulation and other Omnibus proposals? European Commission adopts revisions related to Taxonomy Regulation A deep dive into the draft Amended ESRS EFRAG’s next step toward revised ESRS New reliefs for ESRS ‘wave 1’ reporters Sustainability now: EU Omnibus in motion – August 2025 update About our guest Valerie Wieman is a PwC National Office partner with over 30 years of experience. She is one of the firm’s technical experts on sustainability reporting and helps lead the creation, development, and publication of our brand-defining thought leadership, with a focus on domestic and international sustainability requirements. About our host Heather Horn is the PwC National Office Sustainability and Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC’s global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series. Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.