News 2025

On 10 July, the EU Commissioner for Financial Services and the Savings and Investments Union, Maria Luís Albuquerque, hosted an Implementation Dialogue on the EU Taxonomy. Isabelle Spiegel, Director for Environmental Affairs at Vinci, attended on behalf of FIEC as representative speaker for the European construction industry. Being one of the 20 selected stakeholders and experts, she discussed on how to improve the effectiveness and usability of the taxonomy framework and how to achieve some potential simplification.

The construction industry is committed to the goal of a sustainable transformation and recognises the EU Taxonomy as an important instrument for guiding private investments in environmentally friendly activities. However, in its current form, the EU Taxonomy harbours considerable practical implementation problems – particularly for dismantling projects, the use of recycled materials and reporting by SMEs.

The European Commission is currently preparing a comprehensive revision of the EU Taxonomy Delegated Acts, planned for adoption in 2026, and information shared at the implementation dialogue might support the work of the involved policymakers.

The FIEC Position Paper titled “A pragmatic Omnibus Simplification Package to put the EU at the forefront of corporate sustainability while ensuring the competitiveness of businesses (click here)” explores specific policy proposals and recommendations for simplification, streamlining and strengthening the overall sustainable finance framework in the chapter about the Taxonomy Regulation (EU) 2020/852.