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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

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