EIOPA submitted its advice to the European Commission on the mandatory sustainability disclosure of insurers’ and reinsurers’ key performance indicators within the scope of the Non-financial Reporting Directive (NFRD) (see GEN-SUS-20-082).
The advice has been prepared in relation to the work on delegated acts on transparency of undertakings in non-financial statements, which the EC will adopt by June 2021 in relation to Article 8 of the Taxonomy Regulation.
In addition, EIOPA has also published a letter to DG FISMA regarding the advice.