European Parliament 2014-2019

Committee on Economic and Monetary Affairs Committee on the Environment, Public Health and Food Safety

2018/0178(COD)

17.12.2018

AMENDMENTS 386 - 662

Draft report Bas Eickhout, Sirpa Pietikäinen (PE630.512v01-00)

Establishment of a framework to facilitate sustainable investment

Proposal for a regulation (COM(2018)0353 – C8-0207/2018 – 2018/0178(COD))

AM\1172567EN.docx PE632.154v01-00

EN United in diversity EN AM_Com_LegReport

PE632.154v01-00 2/123 AM\1172567EN.docx EN Amendment 386 Elena Gentile

Proposal for a regulation Article 5 – title

Text proposed by the Commission Amendment

Environmental objectives Environmental and social objectives

Or. en

Amendment 387 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 5 – title

Text proposed by the Commission Amendment

5 Environmental objectives 5 Environmental and social objectives

Or. en

Amendment 388 Paul Tang, Pervenche Berès

Proposal for a regulation Article 5 – title

Text proposed by the Commission Amendment

Environmental objectives Environmental and social objectives

Or. en

Amendment 389 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 5 – title

Text proposed by the Commission Amendment

AM\1172567EN.docx 3/123 PE632.154v01-00 EN 5 Environmental objectives 5 Environmental and social objectives

Or. en

Amendment 390 Elena Gentile

Proposal for a regulation Article 5 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of this Regulation, the For the purposes of this Regulation, the following shall be environmental following shall be environmental and objectives: social objectives:

Or. en

Amendment 391 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 5 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of this Regulation, the For the purposes of this Regulation, the following shall be environmental following shall be environmental and objectives: social objectives:

Or. en

Amendment 392 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 5 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of this Regulation, the For the purposes of this Regulation, the following shall be environmental following shall be environmental and objectives: social objectives:

PE632.154v01-00 4/123 AM\1172567EN.docx EN Or. en

Amendment 393 Stefan Gehrold

Proposal for a regulation Article 5 – paragraph 1 – point 1

Text proposed by the Commission Amendment

(1) climate change mitigation; (1) lessening the human impact on climate change;

Or. de

Amendment 394 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 5 – paragraph 1 – point 4

Text proposed by the Commission Amendment

(4) transition to a circular economy, (4) transition to a circular economy, waste prevention and recycling; including waste prevention and boosting the uptake of secondary raw materials;

Or. en

Amendment 395 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 5 – paragraph 1 – point 4

Text proposed by the Commission Amendment

(4) transition to a circular economy, (4) transition to a circular economy, waste prevention and recycling; waste prevention and recycling in line with the EU waste acquis;

Or. en

AM\1172567EN.docx 5/123 PE632.154v01-00 EN Amendment 396 Nicola Caputo

Proposal for a regulation Article 5 – paragraph 1 – point 4

Text proposed by the Commission Amendment

(4) transition to a circular economy, (4) transition to a circular economy, waste prevention and recycling; waste prevention, recycling and reuse;

Or. it

Amendment 397 Nicola Caputo

Proposal for a regulation Article 5 – paragraph 1 – point 6

Text proposed by the Commission Amendment

(6) protection of healthy ecosystems. (6) protection of healthy ecosystems and the remediation of areas of high environmental impact;

Or. it

Amendment 398 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 5 – paragraph 1 – point 6

Text proposed by the Commission Amendment

(6) protection of healthy ecosystems. (6) protection and restoration of ecosystems.

Or. en

Amendment 399 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 5 – paragraph 1 – point 6 a (new)

PE632.154v01-00 6/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

(6 a) promoting social development, social inclusion and equality.

Or. en

Amendment 400 Simona Bonafè, Paul Tang, Luigi Morgano

Proposal for a regulation Article 5 – paragraph 1 – point 6 a (new)

Text proposed by the Commission Amendment

(6 a) promoting social objectives.

Or. en

Amendment 401 Elena Gentile

Proposal for a regulation Article 5 – paragraph 1 – point 6 a (new)

Text proposed by the Commission Amendment

(6 a) promoting social objectives.

Or. en

Amendment 402 Stefan Gehrold

Proposal for a regulation Article 5 – paragraph 1 – point 6 a (new)

Text proposed by the Commission Amendment

(6a) sustainable economic growth

Or. de

AM\1172567EN.docx 7/123 PE632.154v01-00 EN Amendment 403 Stefan Gehrold

Proposal for a regulation Article 6 – title

Text proposed by the Commission Amendment

Substantial contribution to climate change Substantial contribution to lessening the mitigation human impact on climate change

Or. de

Amendment 404 Jørn Dohrmann

Proposal for a regulation Article 6 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to considered to contribute substantially to climate change mitigation where that climate change mitigation where that activity substantially contributes to the activity substantially contributes to the stabilization of greenhouse gas stabilization of greenhouse gas concentrations in the atmosphere at a level concentrations in the atmosphere at a level which prevents dangerous anthropogenic which prevents dangerous anthropogenic interference with the climate system by interference with the climate system by avoiding or reducing greenhouse gas avoiding or reducing greenhouse gas emissions or enhancing greenhouse gas emissions or enhancing greenhouse gas removals through any of the following removals through any of the following means, including through process or means, including through process or product innovation: product innovation, work such as building refurbishment including deep renovations and staged deep renovations and services such as Energy Performance Contracting, software and maintenance activities:

Or. en

Amendment 405 Elena Gentile

Proposal for a regulation Article 6 – paragraph 1 – introductory part

PE632.154v01-00 8/123 AM\1172567EN.docx EN Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to considered to contribute substantially to climate change mitigation where that climate change mitigation where that activity substantially contributes to the activity substantially contributes to the stabilization of greenhouse gas stabilization of greenhouse gas concentrations in the atmosphere at a level concentrations in the atmosphere at a level which prevents dangerous anthropogenic which prevents dangerous anthropogenic interference with the climate system by interference with the climate system by avoiding or reducing greenhouse gas avoiding or reducing greenhouse gas emissions or enhancing greenhouse gas emissions or enhancing greenhouse gas removals through any of the following removals through any of the following means, including through process or means, including through process or product innovation: product innovation, work (such as environmental infrastructures and staged deep renovations) and services (such as Energy Performance Contracting), software and maintenance activities;

Or. en

Amendment 406 Stefan Gehrold

Proposal for a regulation Article 6 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to considered to contribute substantially to climate change mitigation where that lessening the human impact on climate activity substantially contributes to the change where that activity substantially stabilization of greenhouse gas contributes to the stabilization of concentrations in the atmosphere at a level greenhouse gas concentrations in the which prevents dangerous anthropogenic atmosphere at a level which prevents interference with the climate system by dangerous anthropogenic interference with avoiding or reducing greenhouse gas the climate system by avoiding or reducing emissions or enhancing greenhouse gas greenhouse gas emissions or enhancing removals through any of the following greenhouse gas removals through any of means, including through process or the following means, including through product innovation: process or product innovation:

Or. de

Amendment 407 AM\1172567EN.docx 9/123 PE632.154v01-00 EN Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity, a technology considered to contribute substantially to or a service shall be considered to climate change mitigation where that contribute substantially to climate change activity substantially contributes to the mitigation where they substantially stabilization of greenhouse gas contribute to the stabilization of concentrations in the atmosphere at a level greenhouse gas concentrations in the which prevents dangerous anthropogenic atmosphere at a level which prevents interference with the climate system by dangerous anthropogenic interference with avoiding or reducing greenhouse gas the climate system by avoiding or reducing emissions or enhancing greenhouse gas greenhouse gas emissions or enhancing removals through any of the following greenhouse gas removals through any of means, including through process or the following means, including through product innovation: process or product innovation:

Or. fr

Amendment 408 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to considered to contribute to climate change climate change mitigation where that mitigation where that activity substantially activity substantially contributes to the contributes to the stabilization of stabilization of greenhouse gas greenhouse gas concentrations in the concentrations in the atmosphere at a level atmosphere at a level which prevents which prevents dangerous anthropogenic dangerous anthropogenic interference with interference with the climate system by the climate system by avoiding or reducing avoiding or reducing greenhouse gas greenhouse gas emissions or enhancing emissions or enhancing greenhouse gas greenhouse gas removals through any of removals through any of the following the following means, including through means, including through process or process or product innovation: product innovation:

Or. en

PE632.154v01-00 10/123 AM\1172567EN.docx EN Amendment 409 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing or using renewable energy or climate-neutral energy renewable energy or climate-neutral energy (including carbon-neutral energy), (including carbon-neutral energy) in line including through using innovative with the Renewable Energy Directive, technology with a potential for significant including through using innovative future savings or through necessary technology with a potential for significant reinforcement of the grid; future savings or through necessary reinforcement of the grid;

Or. en

Amendment 410 Elena Gentile

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing, distributing or renewable energy or climate-neutral energy using renewable energy, both on site and (including carbon-neutral energy), nearby, or climate-neutral energy including through using innovative (including carbon-neutral energy), technology with a potential for significant including through using innovative future savings or through necessary technology with a potential for significant reinforcement of the grid; future savings or through necessary reinforcement of the grid;

Or. en

Amendment 411 Lieve Wierinck, Thierry Cornillet, Ramon Tremosa i Balcells, Caroline Nagtegaal

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

AM\1172567EN.docx 11/123 PE632.154v01-00 EN (a) generating, storing or using (a) generating, storing, distributing or renewable energy or climate-neutral energy using renewable energy or climate-neutral (including carbon-neutral energy), energy (including carbon-neutral energy), including through using innovative including through using innovative technology with a potential for significant technology with a potential for significant future savings or through necessary future savings or through necessary reinforcement of the grid; reinforcement of the grid;

Or. en

Justification

Distribution is an important link in the energy chain.

Amendment 412 Kateřina Konečná

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing or using low- renewable energy or climate-neutral carbon energy or renewable energy, energy (including carbon-neutral energy), including through using innovative including through using innovative technology with a potential for significant technology with a potential for significant future savings or through necessary future savings or through necessary reinforcement of the grid; reinforcement of the grid;

Or. en

Justification

To establish the criteria based on carbon exposure is fundamental for successful fight against climate change.

Amendment 413 Pavel Poc

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing or using renewable energy or climate-neutral renewable energy or low-carbon energy, energy (including carbon-neutral energy), including through using innovative PE632.154v01-00 12/123 AM\1172567EN.docx EN including through using innovative technology with a potential for significant technology with a potential for significant future savings or through necessary future savings or through necessary reinforcement of the grid; reinforcement of the grid;

Or. en

Justification

While striving for a transition to a low-carbon economy all low-carbon indices must be equally promoted as environmentally relevant despite having different characteristics.

Amendment 414 Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing or using low- renewable energy or climate-neutral carbon energy (including renewable energy (including carbon-neutral energy), energy), including through using including through using innovative innovative technology with a potential for technology with a potential for significant significant future savings or through future savings or through necessary necessary reinforcement of the grid; reinforcement of the grid;

Or. en

Amendment 415 Stefan Gehrold

Proposal for a regulation Article 6 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) generating, storing or using (a) generating, storing or using renewable energy or climate-neutral renewable energy or low-carbon energy energy (including carbon-neutral energy), (including carbon-neutral energy), including through using innovative including through using innovative technology with a potential for significant technology with a potential for significant future savings or through necessary future savings or through necessary reinforcement of the grid; reinforcement of the grid;

Or. en AM\1172567EN.docx 13/123 PE632.154v01-00 EN

Amendment 416 Jørn Dohrmann

Proposal for a regulation Article 6 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy savings and efficiency in all sectors, in terms of a reduction of primary and final energy demand consistent with the 2030 and 2050 energy and climate frameworks, the Articles 7 and 14 of the Energy Efficiency Directive, the long term building renovation strategies to achieve a highly energy efficient and decarbonised building stock foreseen by the Energy Performance of Building Directive and the integration of buildings into a connected energy, storage, digital and transport system.

Or. en

Amendment 417 Elena Gentile

Proposal for a regulation Article 6 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy saving and efficiency in all sectors, in terms of a reduction of primary and final energy demand consistent with the 2030 and 2050 energy and climate frameworks, the Articles 7 and 14 of the Energy Efficiency Directive, the long term building renovation strategies to achieve a highly energy efficient foreseen by the Energy Performance of Building Directive and long term building renovation strategies foreseen by the Energy Performance Directive;

PE632.154v01-00 14/123 AM\1172567EN.docx EN Or. en

Amendment 418 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 6 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy savings and efficiency across sectors, in order to reduce primary and final energy demand, in coherence with the EU energy and climate frameworks, in particular the Articles 7, 14 and 18 of the Energy Efficiency Directive and the long term building renovation strategies foreseen by the Energy Performance of Building Directive;

Or. en

Amendment 419 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 6 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy efficiency, except where it concerns more energy efficient energy generation using solid fossil fuels.

Or. en

Amendment 420 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 6 – paragraph 1 – point b

AM\1172567EN.docx 15/123 PE632.154v01-00 EN Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy efficiency in line with the Energy Efficiency Directive;

Or. en

Amendment 421 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) improving energy efficiency; (b) improving energy efficiency in all sectors and at all stages of the energy chain.

Or. fr

Amendment 422 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) increasing clean or climate-neutral (c) increasing clean, low-emission or mobility; climate-neutral mobility;

Or. en

Amendment 423 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) increasing clean or climate-neutral (c) increasing clean, low-emission or mobility; climate-neutral mobility;

PE632.154v01-00 16/123 AM\1172567EN.docx EN Or. fr

Amendment 424 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 6 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) increasing clean or climate-neutral (c) increasing zero-emissions mobility; mobility;

Or. en

Amendment 425 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Elsi Katainen, Petri Sarvamaa

Proposal for a regulation Article 6 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) switching to use of renewable (d) switching to or increasing the use materials; of renewable materials substituting especially fossile based materials;

Or. en

Amendment 426 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 6 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) increasing carbon capture and (e) increasing in industrial sectors the storage use; use of environmentally safe carbon capture and storage (CCS) and environmentally safe carbon capture and utilisation (CCU) delivering a net reduction in emissions and avoidance or permanent storage of CO2.

AM\1172567EN.docx 17/123 PE632.154v01-00 EN Or. en

Amendment 427 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) increasing carbon capture and (e) increasing carbon capture and storage use; utilisation or storage of carbon dioxide emissions;

Or. en

Amendment 428 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 6 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) increasing carbon capture and (e) increasing carbon capture storage use; utilisation or storage;

Or. en

Amendment 429 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) increasing carbon capture and (e) increasing carbon capture or storage use; utilisation or storage of carbon dioxide emissions;

Or. fr

PE632.154v01-00 18/123 AM\1172567EN.docx EN Amendment 430 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) phasing out anthropogenic (f) phasing out anthropogenic emissions of greenhouse gases, including emissions of greenhouse gases; from fossil fuels;

Or. en

Amendment 431 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 6 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) producing clean and efficient fuels (h) producing clean and efficient fuels from renewable or carbon-neutral sources. from renewable or carbon-neutral sources, in line with the Renewable Energy Directive.

Or. en

Amendment 432 Stefan Gehrold

Proposal for a regulation Article 6 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) producing clean and efficient fuels (h) producing clean and efficient zero- from renewable or carbon-neutral sources. emission or low-emission fuels from renewable or low-carbon sources

Or. en

Amendment 433

AM\1172567EN.docx 19/123 PE632.154v01-00 EN Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) producing clean and efficient fuels (h) producing clean and efficient low- from renewable or carbon-neutral sources. carbon fuels from renewable or carbon- neutral sources.

Or. fr

Amendment 434 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) producing clean and efficient fuels (h) producing low-carbon, clean and from renewable or carbon-neutral sources. efficient fuels from renewable or carbon- neutral sources;

Or. en

Amendment 435 Dariusz Rosati, Andrzej Grzyb

Proposal for a regulation Article 6 – paragraph 1 – point h a (new)

Text proposed by the Commission Amendment

(h a) producing low-carbon hydrogen.

Or. en

Amendment 436 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 6 – paragraph 2 – point a

PE632.154v01-00 20/123 AM\1172567EN.docx EN Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to climate change mitigation; substantially to climate change mitigation, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

Amendment 437 Anne Sander

Proposal for a regulation Article 6 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria based on under which conditions a specific harmonised indicators assessing the economic activity is considered, for the carbon footprint, for determining under purposes of this Regulation, to contribute which conditions a specific economic substantially to climate change mitigation; activity is considered, for the purposes of this Regulation, to contribute substantially to climate change mitigation;

Or. en

Amendment 438 Stefan Gehrold

Proposal for a regulation Article 6 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to climate change mitigation; substantially to lessening the human AM\1172567EN.docx 21/123 PE632.154v01-00 EN impact on climate change;

Or. de

Amendment 439 Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 6 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to climate change mitigation; substantially to reduce its environmental impacts;

Or. en

Amendment 440 Stefan Gehrold

Proposal for a regulation Article 6 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to climate change mitigation; substantially and measurably to climate change mitigation

Or. en

Amendment 441 Anne Sander

Proposal for a regulation Article 6 – paragraph 2 – point b PE632.154v01-00 22/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

(b) supplement Article 12 to establish (b) supplement Article 12 to establish technical screening criteria, for each technical screening criteria based on relevant environmental objective, for harmonised indicators assessing the determining whether an economic activity carbon footprint, for each relevant in respect of which screening criteria are environmental objective, for determining established pursuant to point (a) of this whether an economic activity in respect of paragraph is considered, for the purposes which screening criteria are established of this Regulation, to cause significant pursuant to point (a) of this paragraph is harm to one or more of those objectives. considered, for the purposes of this Regulation, to cause significant harm to one or more of those objectives.

Or. en

Amendment 442 Anne Sander

Proposal for a regulation Article 6 – paragraph 3

Text proposed by the Commission Amendment

3. The Commission shall establish the 3. The Commission shall establish the technical screening criteria referred to in technical screening criteria based on paragraph 2 in one delegated act, taking harmonised indicators assessing the into account the requirements laid down in carbon footprint, referred to in paragraph 2 Article 14. in one delegated act, taking into account the requirements laid down in Article 14.

Or. en

Amendment 443 Stefan Gehrold

Proposal for a regulation Article 7 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) preventing or reducing the negative (b) preventing or reducing the negative effects that climate change may pose to the effects that climate change may pose to the natural and built environment within which natural and built environment within which the economic activity takes place, which the economic activity takes place, which shall be assessed and prioritised using shall be assessed and prioritised using

AM\1172567EN.docx 23/123 PE632.154v01-00 EN available climate projections. available (meta-)studies on the human impact on climate change.

Or. de

Amendment 444 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 7 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to climate change adaptation; substantially to climate change adaptation, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

Amendment 445 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 8 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to be contributing substantially considered to be contributing substantially to sustainable use and protection of water to sustainable use and protection of water and marine resources where that activity bodies and marine waters where that substantially contributes to the good status activity substantially contributes to the of waters, including freshwater, good status of waters, including inland transitional waters and coastal waters, or surface waters, estuaries and coastal to the good environmental status of marine waters, or to the good environmental status waters, through any of the following of marine waters, where that activity takes means: all possible measures to restore, protect or maintain the biological diversity, productivity, resilience, value and the overall health of marine ecosystem, as well of the livelihoods of communities PE632.154v01-00 24/123 AM\1172567EN.docx EN dependent upon them, through any of the following means:

Or. en

Amendment 446 Elena Gentile

Proposal for a regulation Article 8 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) protecting the aquatic environment (a) protecting the aquatic environment from the adverse effects of urban and from the adverse effects of urban and industrial waste water discharges by industrial waste water discharges by ensuring adequate collection and treatment ensuring adequate collection and treatment of urban and industrial waste waters in of urban and industrial waste waters in accordance with Articles 3, 4, 5 and 11 of accordance with Articles 3, 4, 5 and 11 of Council Directive 91/271/EEC53 ; Council Directive 91/271/EEC53, and promoting the reuse of waste water, as well as the reuse of sewage sludge in agriculture in such a way as to prevent harmful effects on soil, vegetation, animals and man in accordance with Council Directive 86/278 EEC; ______53 Council Directive 91/271/EEC of 21 53 Council Directive 91/271/EEC of 21 May 1991 concerning urban waste water May 1991 concerning urban waste water treatment (OJ L 135, 30.5.1991, p. 40). treatment (OJ L 135, 30.5.1991, p. 40).

Or. en

Amendment 447 Sirpa Pietikäinen

Proposal for a regulation Article 8 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) protecting the aquatic environment (a) protecting the aquatic environment from the adverse effects of urban and from the adverse effects of urban and industrial waste water discharges by industrial waste water discharges by ensuring adequate collection and treatment ensuring adequate collection and treatment of urban and industrial waste waters in of urban and industrial waste waters in AM\1172567EN.docx 25/123 PE632.154v01-00 EN accordance with Articles 3, 4, 5 and 11 of accordance with Articles 3, 4, 5 and 11 of Council Directive 91/271/EEC53 ; Council Directive 91/271/EEC53 or in accordance with the best available technique set out in the Directive 2010/75/EU; ______53 Council Directive 91/271/EEC of 21 53 Council Directive 91/271/EEC of 21 May 1991 concerning urban waste water May 1991 concerning urban waste water treatment (OJ L 135, 30.5.1991, p. 40). treatment (OJ L 135, 30.5.1991, p. 40).

Or. en

Amendment 448 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 8 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) protecting the aquatic environment (a) protecting the aquatic environment from the adverse effects of urban and from the adverse effects of urban and industrial waste water discharges by industrial waste water discharges, ensuring adequate collection and treatment including plastic pollution, by ensuring of urban and industrial waste waters in adequate collection and treatment of urban accordance with Articles 3, 4, 5 and 11 of and industrial waste waters in accordance Council Directive 91/271/EEC53 ; with Articles 3, 4, 5 and 11 of Council Directive 91/271/EEC53 ; ______53 Council Directive 91/271/EEC of 21 53 Council Directive 91/271/EEC of 21 May 1991 concerning urban waste water May 1991 concerning urban waste water treatment (OJ L 135, 30.5.1991, p. 40). treatment (OJ L 135, 30.5.1991, p. 40).

Or. en

Amendment 449 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 8 – paragraph 1 – point a a (new)

Text proposed by the Commission Amendment

(a a) protecting the aquatic environment from the adverse effects of at sea

PE632.154v01-00 26/123 AM\1172567EN.docx EN emissions and discharges in accordance with IMO based conventions such as MARPOL, as well as conventions not covered under MARPOL such as the Ballast Water Management Convention and the Regional Seas Conventions;

Or. en

Amendment 450 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 8 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) protecting human health from the (b) protecting human health from the adverse effects of any contamination of adverse effects of any contamination of drinking water by ensuring that it is free drinking water and bathing (riparian and from any micro-organisms, parasites and a sea water) in accordance with EU substances that constitute a potential Bathing Water Directive 2006/7/EC by danger to human health, and that it meets ensuring that it is free from any micro- the minimum requirements set out in organisms, parasites and substances that Annex I, Parts A and B, to Council constitute a potential danger to human Directive 98/83/EC54 , and increasing health, and verifying that it meets the citizens' access to clean drinking water; minimum requirements set out in Annex I, Parts A and B, to Council Directive 98/83/EC54 , and increasing citizens' access to clean drinking water; ______54 Council Directive 98/83/EC of 3 54 Council Directive 98/83/EC of 3 November 1998 on the quality of water November 1998 on the quality of water intended for human consumption (OJ L intended for human consumption (OJ L 330, 5.12.1998, p. 32). 330, 5.12.1998, p. 32).

Or. en

Amendment 451 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 8 – paragraph 1 – point d

Text proposed by the Commission Amendment

AM\1172567EN.docx 27/123 PE632.154v01-00 EN (d) improving water efficiency, (d) improving water management and facilitating water reuse, or any other efficiency, facilitating water reuse, systems activity that protects or improves quality of of rainwater management or any other Union’s water bodies in accordance with activity that protects or improves quality Directive 2000/60/EC; and quantity of Union’s water bodies in accordance with Directive 2000/60/EC;

Or. en

Amendment 452 Jørn Dohrmann

Proposal for a regulation Article 8 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) improving water efficiency, (d) improving water efficiency or any facilitating water reuse, or any other other activity that protects or improves activity that protects or improves quality of quality of the Union’s water bodies in Union’s water bodies in accordance with accordance with Directive 2000/60/EC; Directive 2000/60/EC;

Or. en

Amendment 453 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 8 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to sustainable use and substantially to sustainable use and protection of water and marine resources; protection of water and marine resources, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

PE632.154v01-00 28/123 AM\1172567EN.docx EN Amendment 454 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – title

Text proposed by the Commission Amendment

9 Substantial contribution to the 9 Substantial contribution to the circular economy and waste prevention circular economy, including waste and recycling prevention and boosting the uptake of secondary raw materials

Or. en

Justification

Waste prevention and recycling are fully included in the Circular Economy

Amendment 455 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to the considered to contribute substantially to the transition to a circular economy and waste transition to a circular economy, including prevention and recycling where that waste prevention and boosting the uptake activity contributes substantially to that of secondary raw materials, where that environmental objective through any of the activity promotes cascading use of following means: material and contributes substantially to that environmental objective through any of the following means:

Or. en

Amendment 456 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 9 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

AM\1172567EN.docx 29/123 PE632.154v01-00 EN 1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to the considered to contribute substantially to the transition to a circular economy and waste transition to a circular economy and waste prevention and recycling where that prevention and recycling where that activity contributes substantially to that activity, in line with the EU waste acquis, environmental objective through any of the contributes substantially to that following means: environmental objective through any of the following means:

Or. en

Amendment 457 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) improving the efficient use of raw (a) promoting innovative production, materials in production, including through business and consumption models reducing the use of primary raw materials directed at improving the efficient use of and increasing the use of by-products and raw materials, including through reducing waste; the use of primary raw materials and increasing the use of by-products and secondary raw materials, thus supporting end of waste operations;

Or. en

Amendment 458 Elena Gentile

Proposal for a regulation Article 9 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) improving the efficient use of raw (a) improving the efficient use of raw materials in production, including through materials in production, including through reducing the use of primary raw materials reducing the use of primary raw materials and increasing the use of by-products and and increasing the use of by-products and waste; waste, including secondary raw materials;

Or. en

PE632.154v01-00 30/123 AM\1172567EN.docx EN Amendment 459 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) increasing the durability, (b) encouraging the design, reparability, upgradability or reusability manufacturing and increasing the use of of products; products that are resource-efficient, durable (including in terms of life span and absence of planned obsolescence), repairable, re-usable and upgradable;

Or. en

Amendment 460 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing the content of hazardous substances in materials and products; substances in materials and products, in accordance with the provisions laid down by EU legislation ensuring safe management of substances, materials and products;

Or. en

Amendment 461 Lieve Wierinck, Ramon Tremosa i Balcells, Fredrick Federley

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing the content of hazardous substances in materials and products; substances in materials and products, in accordance with the provisions laid down by EU legislation ensuring safe management of substances, materials and

AM\1172567EN.docx 31/123 PE632.154v01-00 EN products;

Or. en

Amendment 462 Karl-Heinz Florenz

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing the content of hazardous substances in materials and products; substances in materials and products, in line with the harmonised legal requirements laid down at Union level, wherever it is technically feasible;

Or. en

Justification

Hazardous substances may be needed for the production for the production of sustainable products, such as windmills, solar panels or electric cars. The objective to reduce hazardous substances should take into account technical feasibility as it is the case under Regulation EC 66/2010 (Ecolabel Regulation). At the same time, relevant EU chemical and product legislation shall ensure safe management of such substances over the whole product life- cycle.

Amendment 463 Bas Eickhout

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing the content of hazardous substances in materials and products; substances and substituting Substances of Very High Concern in materials and products;

Or. en

Amendment 464

PE632.154v01-00 32/123 AM\1172567EN.docx EN Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing, where appropriate, the substances in materials and products; content of hazardous substances in materials and products;

Or. en

Amendment 465 Anne Sander

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing and controlling the substances in materials and products; content of hazardous substances in materials and products;

Or. en

Amendment 466 Elena Gentile

Proposal for a regulation Article 9 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) reducing the content of hazardous (d) reducing the content of hazardous substances in materials and products; substances in materials, products and waste;

Or. en

Amendment 467 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation

AM\1172567EN.docx 33/123 PE632.154v01-00 EN Article 9 – paragraph 1 – point g

Text proposed by the Commission Amendment

(g) reducing waste generation; (g) reducing municipal waste generation and waste generation in processes related to industrial production, extraction of minerals, manufacturing, construction and demolition, taking into account best available techniques;

Or. en

Amendment 468 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) increasing preparing for re-use and (h) increasing preparing for re-use and recycling of waste; recycling of waste according to the waste hierarchy;

Or. en

Amendment 469 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point h a (new)

Text proposed by the Commission Amendment

(h a) increasing the development of waste management infrastructure needed for prevention, re-use and recycling;

Or. en

Amendment 470 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation

PE632.154v01-00 34/123 AM\1172567EN.docx EN Article 9 – paragraph 1 – point i

Text proposed by the Commission Amendment

(i) avoiding incineration and disposal (i) avoiding incineration, disposal and of waste; landfilling of waste in line with the waste hierarchy;

Or. en

Amendment 471 Jørn Dohrmann

Proposal for a regulation Article 9 – paragraph 1 – point i

Text proposed by the Commission Amendment

(i) avoiding incineration and disposal (i) avoiding waste management of waste; options that are not in line with the waste hierarchy;

Or. en

Amendment 472 Kateřina Konečná

Proposal for a regulation Article 9 – paragraph 1 – point i a (new)

Text proposed by the Commission Amendment

(i a) enhancing preparation for containment of waste and isolating it from the accessible biosphere;

Or. en

Amendment 473 Pavel Poc

Proposal for a regulation Article 9 – paragraph 1 – point i a (new)

AM\1172567EN.docx 35/123 PE632.154v01-00 EN Text proposed by the Commission Amendment

(i a) increasing preparing for safe and technically proven final disposal of waste;

Or. en

Justification

Technologically neutral approach should be adopted in line with the European decarbonisation target and the objectives of ensuring security of energy supply and competitiveness in a cost-effective and socially acceptable manner, taking into account the diversity of energy mix across Member States. Such approach should accept a technically proven final disposal of waste as one o the means of waste treatment associated with certain types of energy production.

Amendment 474 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point j

Text proposed by the Commission Amendment

(j) avoiding and cleaning-up of litter (j) identifying products that are the and other pollution caused by improper main sources of littering, notably in waste management; natural and marine environments, and taking appropriate measures to prevent and reduce litter from such products; aiming to halt the generation of marine litter as a contribution towards the United Nations Sustainable Development Goal to prevent and significantly reduce marine pollution of all kind;

Or. en

Amendment 475 Anne Sander

Proposal for a regulation Article 9 – paragraph 1 – point j

Text proposed by the Commission Amendment

(j) avoiding and cleaning-up of litter (j) avoiding, reducing and cleaning-up and other pollution caused by improper of litter and other pollution caused by

PE632.154v01-00 36/123 AM\1172567EN.docx EN waste management; improper waste management;

Or. en

Amendment 476 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point j a (new)

Text proposed by the Commission Amendment

(j a) reducing the generation of food waste in primary production, in processing and manufacturing, in retail and other distribution of food, in restaurants and food services as well as in households as a contribution to the United Nations Sustainable Development Goal to reduce by 50% the per capita global food waste at the retail and consumer levels and to reduce food losses along production and supply chains by 2030;

Or. en

Amendment 477 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point k

Text proposed by the Commission Amendment

(k) using natural energy resources (k) using natural energy resources efficiently. efficiently according to the cascading use of resources;

Or. en

Amendment 478 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation AM\1172567EN.docx 37/123 PE632.154v01-00 EN Article 9 – paragraph 1 – point k a (new)

Text proposed by the Commission Amendment

(k a) fostering bio-economy through the sustainable use of renewable sources for the production of materials and commodities;

Or. en

Amendment 479 Simona Bonafè, Elena Gentile, Luigi Morgano

Proposal for a regulation Article 9 – paragraph 1 – point k b (new)

Text proposed by the Commission Amendment

(k b) implementing research and innovation in order to boost the creation of smart business models based on resource efficiency projects.

Or. en

Amendment 480 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 9 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to the circular economy and substantially to the circular economy and waste prevention and recycling; waste prevention and recycling, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

PE632.154v01-00 38/123 AM\1172567EN.docx EN

Amendment 481 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 10 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. An economic activity shall be 1. An economic activity shall be considered to contribute substantially to considered to contribute substantially to pollution prevention and control where that pollution prevention and control where that activity contributes to a high level of activity contributes substantially to environmental protection from pollution environmental protection from pollution through any of the following means: through any of the following means:

Or. en

Amendment 482 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 10 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to pollution prevention and substantially to pollution prevention and control; control, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

Amendment 483 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 11 – title

Text proposed by the Commission Amendment

AM\1172567EN.docx 39/123 PE632.154v01-00 EN 11 Substantial contribution to 11 Substantial contribution to protection of healthy ecosystems protection or restoration of ecosystems and to the conservation of protected habitats and species

Or. en

Amendment 484 Nicola Caputo

Proposal for a regulation Article 11 – title

Text proposed by the Commission Amendment

11 For the purposes of this 11 Substantial contribution to the Regulation, an economic activity shall be protection of healthy ecosystems and to considered to contribute substantially to the remediation of areas of high healthy ecosystems where that activity environmental impact contributes substantially to protecting, conserving and enhancing biodiversity and ecosystem services in line with the relevant legislative and non-legislative Union instruments, through any of the following means:

Or. it

Amendment 485 Barbara Kappel

Proposal for a regulation Article 11 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. For the purposes of this Regulation, 1. For the purposes of this Regulation, an economic activity shall be considered to an economic activity, e.g. of contribute substantially to healthy cooperatives, shall be considered to ecosystems where that activity contributes contribute substantially to healthy substantially to protecting, conserving and ecosystems where that activity contributes enhancing biodiversity and ecosystem substantially to protecting, conserving and services in line with the relevant legislative enhancing biodiversity and ecosystem and non-legislative Union instruments, services in line with the relevant legislative through any of the following means: and non-legislative Union instruments, through any of the following means:

PE632.154v01-00 40/123 AM\1172567EN.docx EN Or. en

Amendment 486 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 11 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. For the purposes of this Regulation, 1. For the purposes of this Regulation, an economic activity shall be considered to an economic activity shall be considered to contribute substantially to healthy contribute substantially to ecosystems ecosystems where that activity contributes where that activity contributes substantially substantially to protecting, conserving and to protecting, conserving and enhancing or enhancing biodiversity and ecosystem restoring biodiversity and ecosystem services in line with the relevant legislative services in line with the relevant legislative and non-legislative Union instruments, and non-legislative Union instruments, through any of the following means: through any of the following means:

Or. en

Amendment 487 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 11 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) nature conservation (habitats, (a) nature conservation measures to species); protecting, restoring and maintain or restore protected natural enhancing the condition of ecosystems and habitats and species of wild fauna and their capacity to provide services; flora and to reach adequate populations of naturally occurring wild bird species; protecting, restoring and enhancing the condition of ecosystems and their capacity to provide services;

Or. en

Amendment 488 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

AM\1172567EN.docx 41/123 PE632.154v01-00 EN Proposal for a regulation Article 11 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) sustainable forest management. (d) sustainable forest management in accordance with applicable national legislation in line with the conclusions from the Ministerial Conference on the Protection of Forests in Europe (Helsinki, 1993), the obligations provided by Regulation (EU) 2018/841 (LULUCF) as well as Regulation (EU) 995/2010 (EU Timber Regulation) .

Or. en

Amendment 489 Othmar Karas, Lukas Mandl

Proposal for a regulation Article 11 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) sustainable forest management. (d) sustainable forest management, defined by as using forests and forest land in accordance with applicable national legislation building on the SFM definition adopted in the Ministerial Conference of Protection of Forests in Europe (MCPFE), the commitments stemming from the LULUCF Regulation as well as from the EU Timber Regulation.

Or. en

Justification

This amendment acknowledges, in line with the principle of proportionality and the aim of reducing unnecessary bureaucratic burden, the definition adopted in the Ministerial Conference of Protection of Forests in Europe (MCPFE), the commitments stemming from the Regulation on the inclusion of greenhouse gas emissions and removals from land use, land use change and forestry (LULUCF Regulation) as well as the Regulation laying down the obligations of operators who place timber and timber products on the market (EU Timber Regulation).

PE632.154v01-00 42/123 AM\1172567EN.docx EN Amendment 490 Sirpa Pietikäinen

Proposal for a regulation Article 11 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) sustainable forest management. (d) sustainable forest management, taking into account national forest legislation and the EU Timber Regulation, EU LULUCF Regulation as well as in the case of wood-based bioenergy the requirements of EU Renewable Energy Directive (RED).

Or. en

Amendment 491 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 11 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to the protection of healthy substantially to the protection or ecosystems; restoration of ecosystems and to the conservation of protected habitats and species;

Or. en

Amendment 492 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 11 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish

AM\1172567EN.docx 43/123 PE632.154v01-00 EN technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to the protection of healthy substantially to the protection of healthy ecosystems; ecosystems, taking into account investment already planned which likewise promotes the objective concerned;

Or. fr

Amendment 493 Nicola Caputo

Proposal for a regulation Article 11 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) supplement paragraph 1 to establish (a) supplement paragraph 1 to establish technical screening criteria for determining technical screening criteria for determining under which conditions a specific under which conditions a specific economic activity is considered, for the economic activity is considered, for the purposes of this Regulation, to contribute purposes of this Regulation, to contribute substantially to the protection of healthy substantially to the protection of healthy ecosystems; ecosystems and to the remediation of areas of high environmental impact;

Or. it

Amendment 494 Elena Gentile

Proposal for a regulation Article 11 a (new)

Text proposed by the Commission Amendment

Article 11 a Criteria for Socially sustainable economic activities 1. For the purpose of establishing the impact of social sustainability of an investment, an economic activity shall be socially sustainable where that activity PE632.154v01-00 44/123 AM\1172567EN.docx EN complies with all of the following criteria: (a) contributes substantially to the rights, well-being and interests of people and communities, and in particular to tackling inequality, fostering social cohesion, social integration and labour relations, and human capital or economically or socíally disadvantaged communities. (b) supports the development of social economy organizations and social enterprises and gives public evidence, at least yearly, also via the web, off allocated funds referred for these categories, subject to the applicable regulations on protecting the privacy of personal data; (c) does not significantly harm any of the environmental objectives se out in Article 5 in accordance with Article 12, nor shall it harm a social objective, notably it shall not relate to irresponsable marketing of alcohol, short odds gambling activities, production or distribution of pornography, production or sales of tobacco´, production or sales of arms; (d) is not related to any type of speculative activities such as, for example, high frequency trading, short selling, naked short selling, food and raw materials commodities speculation, (e) meet the requirements of sound and transparent management structures and due diligence procedures, employee relations, transparent and sober remuneration policies of relevant staff and tax compliance, whose ration cannot, anyway, exceed the value of 5; (f) is carried out in compliance with the minimum safeguards laid down in Article13, and should thus not relate to denial to basic needs including food, shelter and medicine and the use of conflict minerals, nor be carried out in cooperation with parties that infringe political and civil rights and supply of strategic products and services to parties that directly contribute to the violation of political and civil rights;

AM\1172567EN.docx 45/123 PE632.154v01-00 EN (g) complies with technical screening criteria, where the Commission has specified those in accordance with paragraph (2) of this Article. 2. The Commission shall adopt delegates acts in accordance with Article 16 to: (a) supplement paragraph 1 to establish technical screening criteria for determining under which conditions a specific economic activity is considered, for the purposes of this under which conditions a specific economic activity is considered, for the purpose of this Regulation, to contribute substantially to the rights, well-being and interests of people and communities, and in particular to tackling inequality, fostering social cohesion, social integration and labour relations, and human capital or economically or socially disadvantaged communities; (b) supplement Article 12 to establish technical screening criteria, for each relevant social objective, for determining whether an economic activity in respect of which screening criteria are established pursuant to point (a) of his paragraph is considered, for the purposes of this Regulation, to cause significant harm to one or more of those objectives. 3. The Commission shall establish the technical screening criteria referred to in paragraph 2 in a delegated act, taking into account the requirements laid down in Article 14. 4. The Commission shall adopt the delegated act referred to in paragraph 2 by 31 December 2021, with a view to ensure its entry into application on July 2002 for the first activity listed in Annex 1, and for other economic activities by the respective dates specified in Annex 1.

Or. en

Amendment 495

PE632.154v01-00 46/123 AM\1172567EN.docx EN Simona Bonafè, Paul Tang, Luigi Morgano, Pervenche Berès

Proposal for a regulation Article 11 a (new)

Text proposed by the Commission Amendment

Article 11 a Substantial contribution to social objectives 1. An economic activity shall be considered to contribute substantially to social objectives through any of the following means: (a) reducing inequality, social exclusion, discrimination and marginalization and/or fostering social cohesion and integration; (b) reducing poverty, including in the areas of income, material deprivations, such as energy poverty, and low work intensity, including labour relations, especially in socially disadvantaged communities; (c) promoting equitable access to affordable, safe, sufficient and nutritious food and/or ensuring food security; (d) promoting equitable access to health services and universal health coverage; (e) promoting equitable access to education and training; (f) promoting equitable access to social protection; (g) promoting equitable access to adequate and affordable housing; (h) promoting equitable access to other essential services, including water, sanitation, energy, transport, financial services and digital communication; (i) supporting the development of social economy organizations and social enterprises. 2. The Commission shall adopt a delegated act in accordance with Article 16 to:

AM\1172567EN.docx 47/123 PE632.154v01-00 EN (a) supplement paragraph 1 to establish technical screening criteria based on indicators for determining under which conditions a specific economic activity is considered, for the purposes of this Regulation, to contribute substantially to social objectives; (b) supplement Article 12 to establish technical screening criteria based on indicators for each relevant social and environmental objective , for determining whether an economic activity in respect of which screening are established pursuant to point (A) of this paragraph is considered, for the purpose of this Regulation, to cause significant harm to one or more of those objectives. 3. The Commission shal establish the technical screening criteria based on indicators referred to in paragraph 2 together in one delegated act, taking into account the requirements laid down in Article 14. 4. The Commission shall adopt the delegated act referred to in paragraph 2 by (1 July 2022), with a view to ensure its entry into application on (31 December 2022).

Or. en

Amendment 496 Dimitrios Papadimoulis

Proposal for a regulation Article 11 a (new)

Text proposed by the Commission Amendment

Article 11 a Substantial contribution to social objectives 1. An economic activity shall be considered to contribute substantially to social objectives through any of the following means:

PE632.154v01-00 48/123 AM\1172567EN.docx EN (a) reducing inequality, social exclusion, discrimination and marginalization and/or improving social cohesion and integration and/or promoting equal opportunities for all (b) reducing poverty, including through its often multidimensional and overlapping deprivations in the areas of income, material deprivations and low work intensity (c) promoting equitable access to affordable, safe, sufficient and nutritious food and/orensuring food security (d) promoting equitable access to quality health services and universal health coverage (e) promoting equitable access to quality education and training (f) promoting equitable access to quality social Protection (g) promoting equitable access to adequate and affordable housing (h) promoting equitable access to other essential services of good quality, includingwater, sanitation, energy, transport, financial services and digital communications. 2. The Commission shall adopt a delegated act in accordance with Article 16 to: (a) supplement paragraph 1 to establish technical screening criteria for determiningunder which conditions a specific economic activity is considered, for the purposesof this Regulation, to contribute substantially to social objectives; (b) supplement Article 12 to establish technical screening criteria, for each relevantenvironmental and social objective, for determining whether an economic activityin respect of which screening criteria are established pursuant to point (a) of thisparagraph is considered, for the purposes of this Regulation, to cause significantharm to

AM\1172567EN.docx 49/123 PE632.154v01-00 EN one or more of those objectives. 3. The Commission shall establish the technical screening criteria referred to in paragraph 2 together in one delegated act, taking into account the requirements laid down in Article 14.4. The Commission shall adopt the delegated act referred to in paragraph 2 by [1 July 2022], with a view to ensure its entry into application on [31 December 2022].

Or. en

Amendment 497 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 11 a (new)

Text proposed by the Commission Amendment

Article 11 a Substantial contribution to social objectives An economic activity shall be considered to contribute substantially to social objectives where that activity contributes to a high level of social development, social inclusion and equality through any of the following means: (a) reducing socio-economic inequality, social exclusion and marginalization; (c) promoting equal opportunities for all and/or improving social cohesion and social inclusion of disadvantaged groups and communities, including through micro-finance; (d) reducing poverty in all its forms, including income poverty, material deprivations and low work intensity; (e) supporting the development of social economy organisations and social enterprises, as defined in the Communication from the Commission of 25 October 2011 on social business;

PE632.154v01-00 50/123 AM\1172567EN.docx EN (f) promoting equitable access to food security, health care, quality education and training, affordable housing and social protection; (g) promoting equitable access to other essential services of good quality, including water, sanitation, energy, transport, financial services and digital communications. 2. The Commission shall adopt a delegated act in accordance with Article 16 to: (a) supplement paragraph 1 to establish technical screening criteria for determining under which conditions a specific economic activity is considered, for the purposes of this Regulation, to contribute substantially to social objectives; (b) supplement Article 12 to establish technical screening criteria, for each relevant social objective, for determining whether an economic activity in respect of which screening criteria are established pursuant to point (a) of this paragraph is considered, for the purposes of this Regulation, to cause significant harm to one or more of those objectives. 3. The Commission shall adopt the delegated act referred to in paragraph 2 by [1 July 2021], with a view to ensure its entry into application on [31 December 2021].

Or. en

Amendment 498 Stefan Gehrold

Proposal for a regulation Article 11 a (new)

Text proposed by the Commission Amendment

Article 11a Contributing substantially to AM\1172567EN.docx 51/123 PE632.154v01-00 EN environmental protection through sustainable economic growth (1) An economic activity contributes substantially to environmental protection through sustainable economic growth if it produces a return at least equivalent to the global growth rate or if the market value of the enterprise performing the economic activity in question grows at a rate at least equivalent to that global growth rate. The reference period for assessing the growth rate shall be the previous three years. In order not to jeopardise sustainable economic growth and the related scope for investment in environmentally sustainable economic activities, investments must meet the following criteria in order to be regarded as sustainable: (a) the person liable for the economic activity is protected against insolvency; (b) the economic activity is sufficiently diversified with other economic activities. The economic activity is combined with three other economic activities in other market segments; (c) the growth forecasts for the economic activity reflect a defensive, long-term approach; (d) the standard deviation of the market value of the economic activity over the previous three years has not exceeded 66.6%. (2) In accordance with Article 17, the Commission shall adopt delegated acts: (a) to supplement paragraph 1 to establish technical screening criteria for determining under which conditions a specific economic activity is considered, for the purposes of this Regulation, to contribute substantially to environmental protection through sustainable economic growth; (b) to supplement Article 13 to establish technical screening criteria for each relevant environmental objective, for determining whether an economic activity PE632.154v01-00 52/123 AM\1172567EN.docx EN in respect of which screening criteria are established pursuant to point (a) of this paragraph is considered, for the purposes of this Regulation, to cause significant harm to one or more of those objectives. (3) The Commission shall establish the technical screening criteria referred to in paragraph 2 together in one delegated act, taking into account the requirements laid down in Article 15. (4) The Commission shall adopt the delegated act referred to in paragraph 2 by 1 July 2022, with a view to ensure its entry into application on 31 December 2022.

Or. de

Justification

Once a country's per capita GDP exceeds roughly EUR 4500, people begin to develop environmentally friendly patterns of consumption and investment. From the point of view of environmental protection, therefore, it is essential that as many people as possible should be put in a position to develop environmental awareness of this kind, by providing them with help in accumulating capital and returns on that capital. Risky economic activity cannot therefore be regarded as environmentally sustainable. The EU should not therefore issue purchase recommendations for risky economic activities.

Amendment 499 Markus Ferber

Proposal for a regulation Article 12

Text proposed by the Commission Amendment

Article 12 deleted Significant harm to environmental objectives For the purposes of Article 3(b), an economic activity shall be considered as significantly harming: (a) climate change mitigation, where that activity leads to significant greenhouse gas emissions; (b) climate change adaptation, where that

AM\1172567EN.docx 53/123 PE632.154v01-00 EN activity leads to increased negative effect of current and expected climate, for and beyond the natural and built environment within which that activity takes place; (c) sustainable use and protection of water and marine resources, where that activity is detrimental to a significant extent to good status of Union waters, including freshwater, transitional waters and coastal waters, or to good environmental status of marine waters of the Union; (d) circular economy and waste prevention and recycling, where that activity leads to significant inefficiencies in the use of materials in one or more stages of the life-cycle of products, including in terms of durability, reparability, upgradability, reusability or recyclability of products; or where that activity leads to a significant increase in the generation, incineration or disposal of waste; (e) pollution prevention and control where that activity leads to significant increase in emissions of pollutants to air, water and land, as compared to the situation before this activity started; (f) healthy ecosystems, where that activity is detrimental to a significant extent to the good condition of ecosystems.

Or. en

Justification

The criteria listed in this article are so unspecific that they are meaningless.

Amendment 500 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 12 – title

Text proposed by the Commission Amendment

12 Significant harm to environmental 12 Significant harm to environmental

PE632.154v01-00 54/123 AM\1172567EN.docx EN objectives and social objectives

Or. en

Amendment 501 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 12 – title

Text proposed by the Commission Amendment

Significant harm to environmental Significant harm to environmental and objectives social objectives

Or. en

Amendment 502 Elena Gentile

Proposal for a regulation Article 12 – title

Text proposed by the Commission Amendment

Significant harm to environmental Significant harm to environmental and objectives social objectives

Or. en

Amendment 503 Lieve Wierinck, Thierry Cornillet, Ramon Tremosa i Balcells, Caroline Nagtegaal

Proposal for a regulation Article 12 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of Article 3(b), an For the purposes of Article 3(b), taking economic activity shall be considered as into account its full life-cycle, in as far as significantly harming: relevant information is available, an economic activity shall be considered as significantly harming:

Or. en AM\1172567EN.docx 55/123 PE632.154v01-00 EN Justification

JustificationA life-cycle assessment approach is more appropriate, as products can bring other sustainability benefits, down the supply chain as a consequence of product improvements in the upper layers of the chain. Also these should be recognised to provide a complete picture.

Amendment 504 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 12 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of Article 3(b), an For the purposes of Article 3(b), an economic activity shall be considered as economic activity, taking into account the significantly harming: life-cycle, shall be considered as significantly harming:

Or. en

Amendment 505 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 12 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

For the purposes of Article 3(b), an For the purposes of Article 3(b) and economic activity shall be considered as Article 3a an economic activity shall be significantly harming: considered as significantly harming:

Or. en

Justification

Technical change required to facilitate the establishment of a brown category in Article 3a (new).

Amendment 506 Ivo Belet

Proposal for a regulation Article 12 – paragraph 1 – point a PE632.154v01-00 56/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

(a) climate change mitigation, where (a) climate change mitigation, where that activity leads to significant greenhouse that activity leads to significant greenhouse gas emissions; gas emissions to an extent outweighing their contribution to an environmental objective;

Or. en

Justification

In order to support the decarbonisation of sectors that traditionally emit a significant amount of greenhouse gases, activities that realise a significant reduction of greenhouse gase emissions should not be considered as significantly harming.

Amendment 507 Stefan Gehrold

Proposal for a regulation Article 12 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) climate change mitigation, where (a) human impact on climate change, that activity leads to significant greenhouse where that activity leads to significant gas emissions; greenhouse gas emissions;

Or. de

Amendment 508 Sirpa Pietikäinen

Proposal for a regulation Article 12 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) circular economy and waste (d) circular economy and waste prevention and recycling, where that prevention and recycling, where that activity leads to significant inefficiencies in activity leads to significant inefficiencies in the use of materials in one or more stages the use of materials in one or more stages of the life-cycle of products, including in of the life-cycle of products, including in terms of durability, reparability, terms of durability, reparability, upgradability, reusability or recyclability of upgradability, reusability or recyclability of products; or where that activity leads to a products; or where that activity leads to a significant increase in the generation, significant increase in the generation, AM\1172567EN.docx 57/123 PE632.154v01-00 EN incineration or disposal of waste; incineration or disposal of waste or where waste from the activity lacks operational civic disposal facilities;

Or. en

Amendment 509 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 12 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) circular economy and waste (d) circular economy and waste prevention and recycling, where that prevention and recycling, where that activity leads to significant inefficiencies in activity leads to significant inefficiencies in the use of materials in one or more stages the use of materials in one or more stages of the life-cycle of products, including in of the life-cycle of products, including in terms of durability, reparability, terms of durability, upgradability, reusability or recyclability of reparability,upgradability, reusability or products; or where that activity leads to a recyclability of products; or where that significant increase in the generation, activity leads to a significant increase in incineration or disposal of waste; the generation and disposal of waste, including incineration and landfilling, in contrast with Article 4 of the Directive 2008/98/CE

Or. en

Amendment 510 Jørn Dohrmann

Proposal for a regulation Article 12 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) circular economy and waste (d) circular economy and waste prevention and recycling, where that prevention and recycling, where that activity leads to significant inefficiencies in activity leads to significant inefficiencies in the use of materials in one or more stages the use of materials in one or more stages of the life-cycle of products, including in of the life-cycle of products, including in terms of durability, reparability, terms of durability, reparability, upgradability, reusability or recyclability of upgradability, reusability or recyclability of products; or where that activity leads to a products; or where that activity leads to a significant increase in the generation, significant increase in the generation of PE632.154v01-00 58/123 AM\1172567EN.docx EN incineration or disposal of waste; waste or unjustified deviation from the waste hierarchy;

Or. en

Amendment 511 Nicola Caputo

Proposal for a regulation Article 12 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) pollution prevention and control (e) pollution prevention and control where that activity leads to significant where that activity leads to significant increase in emissions of pollutants to air, increase in emissions of pollutants to air, water and land, as compared to the water and land or significant consumption situation before this activity started; of fertile land, as compared to the situation before this activity started;

Or. it

Amendment 512 Dimitrios Papadimoulis

Proposal for a regulation Article 12 – paragraph 1 – point f a (new)

Text proposed by the Commission Amendment

(f a) social objectives, where that activity is detrimental to: a.Equality, social inclusion and social cohesion, where the activity leads to significantly exacerbating vulnerabilities or marginalisation among the affectedpopulation b.Poverty reduction, where the activity significantly increases deprivations among the affected population c.Equitable access to food or food security, where the activity results in significantlyreduces access to supplies of food or significantly increases pollution of land or water, leading to reduced

AM\1172567EN.docx 59/123 PE632.154v01-00 EN agricultural productivity d.Equitable access to health services, where the activity is detrimental to a significant extent to the medical personnel, medical supplies or services or significantly restricts access to these services e.Equitable access to quality education and training, where the activity is detrimentalto a significant extent to the teaching professionals, supplies or services orsignificantly restricts access to these services f.Equitable access to social protection, where the activity is detrimental to asignificant extent to the programs, professionals, supplies or service or significantlyrestricts access to these services g.Equitable access to quality housing, where the activity is detrimental to the affordability of housing h. Equitable access to other essential services, where the activity is detrimental to a significant extent to the professionals, supplies or service or significantly restricts access to these services

Or. en

Amendment 513 Luigi Morgano

Proposal for a regulation Article 12 – paragraph 1 – point f a (new) Proposal for a regulation Article 12 – paragraph 1 – point f a (new)

Text proposed by the Commission Amendment

(f a) social objectives, where that activity is detrimental to social inclusion and cohesion, food security, access to health services or supplies, access to education and training, access to social protection, affordability of housing, access to essential services, or relates to PE632.154v01-00 60/123 AM\1172567EN.docx EN irresponsible marketing of alcohol, short odds gambling activities, production or distribution of pornography, production or sales of arms that is not compliant with the UN Arms Trade Treaty1a, speculative activities such as food and raw materials speculation, or is carried out in cooperation with parties that infringe political and civil rights and supply strategic products and services to parties that directly contribute to the violation of political and civil rights; ______1a Arms Trade Treaty (ATT), adopted by the UN General Assembly on 2 April 2013. https://unoda-web.s3- accelerate.amazonaws.com/wp- content/uploads/2013/06/English7.pdf

Or. en

Amendment 514 Simona Bonafè, Paul Tang, Pervenche Berès

Proposal for a regulation Article 12 – paragraph 1 – point f a (new)

Text proposed by the Commission Amendment

(f a) social objectives, where that activity is detrimental to social inclusion, cohesion and protection;

Or. en

Amendment 515 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 12 – paragraph 1 – point f a (new)

Text proposed by the Commission Amendment

(f a) the achievement of a high level of social development, social inclusion and equality, where that activity leads to AM\1172567EN.docx 61/123 PE632.154v01-00 EN increased socio-economic inequality and social exclusion, or significantly increases deprivations among the affected population or significantly restricts access to essential goods and services;

Or. en

Amendment 516 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 12 – paragraph 1 a (new)

Text proposed by the Commission Amendment

1a.The Commission shall adopt delegated acts in accordance with Article 16, for the purpose of Article 3a, to establish technical screening criteria for each relevant environmental objective, for determining whether an economic activity is considered to cause significant harm to one or more of those objectives, taking into account, where relevant, the requirements laid down in Article 14. The Commission shall adopt the delegated acts by 1 July 2022, with a view to ensure its entry into application on 31 December 2022.

Or. en

Justification

Technical change required to operationalise the brown category (Article 3a, new) with technical screening criteria.

Amendment 517 Bas Eickhout

Proposal for a regulation Article 13 – paragraph 1

Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in PE632.154v01-00 62/123 AM\1172567EN.docx EN Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity to ensure that the principles and rights set out in the that the following are observed: eight fundamental conventions identified in a. principles and rights set out in the eight the International Labour Organisation’s fundamental conventions identified in the declaration on Fundamental Rights and International Labour Organisation’s Principles at Work, namely: the right not to declaration on Fundamental Rights and be subjected to forced labour, the freedom Principles at Work, namely: the right not to of association, workers' right to organise, be subjected to forced labour, the freedom the right to collective bargaining, equal of association, workers' right to organise, remuneration for men and women workers the right to collective bargaining, equal for work of equal value, non- remuneration for men and women workers discrimination in opportunity and treatment for work of equal value, non- with respect to employment and discrimination in opportunity and treatment occupation, as well as the right not to be with respect to employment and subjected to child labour, are observed. occupation, as well as the right not to be subjected to child labour. b. The International Bill of Human Rights c. The EU Charter of Fundamental Rights d. The UN Guiding Principles on Business and Human Rights e. The OECD Guidelines on Multinational Enterprises 2. The minimum safeguards shall be implemented by the undertaking that is carrying out an economic activity by due diligence procedures consistent with the relevant international standards and with the following principles: (a) Take into account the nature and scale of the undertaking's operations, supply chains and business relationships. (b) Assess and address the negative human rights impacts of the economic activity itself, as well as of the products and services used by and produced by that economic activity, notably by considering their production, use and where relevant, end-of-life. (c) Be risk-based, meaning that the level of due diligence applied should be commensurate to the severity and likelihood of the negative impacts. The focus should be on preventing negative impacts first, and when prevention is not possible, then mitigating, preventing recurrence and, where relevant, remediating impacts. AM\1172567EN.docx 63/123 PE632.154v01-00 EN (d) Be supported by relevant policies and management systems to reinforce a systematic, proactive and reactive approach to on-going identification and management of human rights impacts. (e) Be informed by engagement with stakeholders, which includes workers and other potentially impacted individuals or groups. (f) Provide relevant information to investors and other stakeholders to enable them to assess compliance with the minimum safeguards. 4. The Commission, shall be empowered to supplement this article by a delegated act specifying the criteria to determine whether the requirements this article are adhered to. The Commission shall adopt this delegated act by 31 December 2019.

Or. en

Amendment 518 Dimitrios Papadimoulis

Proposal for a regulation Article 13 – paragraph 1

Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity to ensure that the principles and rights set out in the that the following are observed: eight fundamental conventions identified in (a) principles and rights set out in the eight the International Labour Organisation’s fundamental conventions identified in the declaration on Fundamental Rights and International Labour Organisation’s Principles at Work, namely: the right not to declaration on Fundamental Rights and be subjected to forced labour, the freedom Principles at Work, namely: the right not to of association, workers' right to organise, be subjected to forced labour, the freedom the right to collective bargaining, equal of association, workers' right to organise, remuneration for men and women workers the right to collective bargaining, equal for work of equal value, non- remuneration for men and women workers discrimination in opportunity and for work of equal value, non treatment with respect to employment and discrimination in opportunity and occupation, as well as the right not to be treatment with respect to employment and subjected to child labour, are observed. occupation, as well as the right not to be subjected to child labour, are observed. PE632.154v01-00 64/123 AM\1172567EN.docx EN (b) the International Bill of Human Rights; (c) the Charter of Fundamental Rights of the European Union; (d) the UN Guiding Principles on Business and Human Rights; (e) Chapters IV and V of the OECD Guidelines on Multinational Enterprises on human rights and employment and industrial relations; (f) Where relevant and applicable: the FOA Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security and the UN Declaration on the Rights of Indigenous Peoples.

Or. en

Amendment 519 Paul Tang, Pervenche Berès

Proposal for a regulation Article 13 – paragraph 1

Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity, to that the principles and rights set out in the ensure at least the following: eight fundamental conventions identified in the International Labour Organisation’s declaration on Fundamental Rights and Principles at Work, namely: the right not to be subjected to forced labour, the freedom of association, workers' right to organise, the right to collective bargaining, equal remuneration for men and women workers for work of equal value, non- discrimination in opportunity and treatment with respect to employment and occupation, as well as the right not to be subjected to child labour, are observed.

AM\1172567EN.docx 65/123 PE632.154v01-00 EN Or. en

Amendment 520 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 13 – paragraph 1

Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity to ensure that the principles and rights set out in the that the following are observed: eight fundamental conventions identified in (a) principles and rights set out in the eight the International Labour Organisation’s fundamental conventions identified in the declaration on Fundamental Rights and International Labour Organisation’s Principles at Work, namely: the right not to declaration on Fundamental Rights and be subjected to forced labour, the freedom Principles at Work, namely: the right not to of association, workers' right to organise, be subjected to forced labour, the freedom the right to collective bargaining, equal of association, workers' right to organise, remuneration for men and women workers the right to collective bargaining, equal for work of equal value, non- remuneration for men and women workers discrimination in opportunity and treatment for work of equal value, non- with respect to employment and discrimination in opportunity and treatment occupation, as well as the right not to be with respect to employment and subjected to child labour, are observed. occupation, as well as the right not to be subjected to child labour; (b) the UN Sendai Framework for Disaster Risk Reduction 2015-2030; (c) Where relevant and applicable: the FOA Voluntary Guidelines on the responsible Governance of Tenure of Land, Fisheries and Forests in the context of National Food Security and the UN Declaration on the Rights of Indigenous People.

Or. en

Amendment 521 Markus Ferber

Proposal for a regulation Article 13 – paragraph 1

PE632.154v01-00 66/123 AM\1172567EN.docx EN Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity to ensure that the principles and rights set out in the that the principles and rights set out in the eight fundamental conventions identified in eight fundamental conventions identified in the International Labour Organisation’s the International Labour Organisation’s declaration on Fundamental Rights and declaration on Fundamental Rights and Principles at Work, namely: the right not to Principles at Work, namely: the right not to be subjected to forced labour, the freedom be subjected to forced labour, the freedom of association, workers' right to organise, of association, workers' right to organise, the right to collective bargaining, equal the right to collective bargaining, equal remuneration for men and women workers remuneration for men and women workers for work of equal value, non- for work of equal value, non- discrimination in opportunity and treatment discrimination in opportunity and treatment with respect to employment and with respect to employment and occupation, as well as the right not to be occupation, as well as the right not to be subjected to child labour, are observed. subjected to child labour, are observed. Those standards shall serve as a sufficient yardstick to whether an economic activity can be considered sustainable.

Or. en

Amendment 522 Elena Gentile

Proposal for a regulation Article 13 – paragraph 1

Text proposed by the Commission Amendment

The minimum safeguards referred to in The minimum safeguards referred to in Article 3(c) shall be procedures Article 3(c) shall be procedures implemented by the undertaking that is implemented by the undertaking that is carrying out an economic activity to ensure carrying out an economic activity to ensure that the principles and rights set out in the that the principles and rights set out in the eight fundamental conventions identified in European Pillar of Social Rights and the International Labour Organisation’s the eight fundamental conventions declaration on Fundamental Rights and identified in the International Labour Principles at Work, namely: the right not to Organisation’s declaration on Fundamental be subjected to forced labour, the freedom Rights and Principles at Work, namely: the of association, workers' right to organise, right not to be subjected to forced labour, the right to collective bargaining, equal the freedom of association, workers' right remuneration for men and women workers to organise, the right to collective for work of equal value, non- bargaining, equal remuneration for men discrimination in opportunity and treatment and women workers for work of equal AM\1172567EN.docx 67/123 PE632.154v01-00 EN with respect to employment and value, non-discrimination in opportunity occupation, as well as the right not to be and treatment with respect to employment subjected to child labour, are observed. and occupation, as well as the right not to be subjected to child labour, are observed.

Or. en

Amendment 523 Dimitrios Papadimoulis

Proposal for a regulation Article 13 – paragraph 1 a (new)

Text proposed by the Commission Amendment

2. The minimum safeguards shall be implemented by the undertaking that is carrying out an economic activity by due diligence procedures consistent with the UN Guiding Principles on Business and Human Rights and the OECD Due Diligence Guidance for Responsible Business Conduct(2018). Due diligence in this context means the procedure (or set of procedures) undertakings carry out to identify, prevent, mitigate and account for how they address their potential and actua lnegative impacts on human rights, including the human rights of workers, in the context of the undertaking’s economic activity, supply chains and business relationships.

Or. en

Amendment 524 Dimitrios Papadimoulis

Proposal for a regulation Article 13 – paragraph 1 b (new)

Text proposed by the Commission Amendment

3.The due diligence procedures should build on thefollowing principles set out in the UN Guiding Principles on Business and HumanRights and the requirements PE632.154v01-00 68/123 AM\1172567EN.docx EN for technical screening criteria in Article 14: (a) Take into account the nature and scale of the undertaking's operations, supply chains and business relationships. (b) Assess and address the negative human rights impacts of the economic activity itself, as well as of the products and services used by and produced by that economic activity, notably by considering their production, use and where relevant, end-of-life. (c) Be risk-based, meaning that the level of due diligenceapplied should be commensurate to the severity and likelihood of the negative impacts.The focus should be on preventing negative impacts first, and when prevention is not possible, then mitigating, preventing recurrence and, where relevant, remediating impacts. (d) Be supported by relevant policies and management systems to reinforce a systematic, proactive and reactive approach to on-going identification and management of human rights impacts (e) Be informed by engagement with stakeholders, whichincludes workers and others potentially impacted individuals or groups. (f) Provide relevant information to investors and other stakeholders to enable them to assess compliance with the minimum safeguards.

Or. en

Amendment 525 Paul Tang, Pervenche Berès

Proposal for a regulation Article 13 – paragraph 1 a (new)

Text proposed by the Commission Amendment

a) the principles and rights set out in the AM\1172567EN.docx 69/123 PE632.154v01-00 EN eight fundamental conventions identified in the International Labour Organisation’s declaration on Fundamental Rights and Principles at Work, namely: the right not to be subjected to forced labour, the freedom of association, workers' right to organise, the right to collective bargaining, equal remuneration for men and women workers for work of equal value, non- discrimination in opportunity and treatment with respect to employment and occupation, as well as the right not to be subjected to child labour, are observed.

Or. en

Amendment 526 Paul Tang, Simona Bonafè, Pervenche Berès

Proposal for a regulation Article 13 – paragraph 1 b (new)

Text proposed by the Commission Amendment

b) the UN Principles for Responsible Investment - Reporting Framework

Or. en

Amendment 527 Paul Tang, Simona Bonafè, Pervenche Berès

Proposal for a regulation Article 13 – paragraph 1 c (new)

Text proposed by the Commission Amendment

c) OECD Guidance – Responsible Business Conduct for Institutional Investors – Key Considerations for due diligence under the OECD Guidelines for Multinational Investors (2017)

Or. en

PE632.154v01-00 70/123 AM\1172567EN.docx EN Amendment 528 Paul Tang, Simona Bonafè, Pervenche Berès

Proposal for a regulation Article 13 – paragraph 1 d (new)

Text proposed by the Commission Amendment

(d) The undertaking shall ensure the minimum safeguards while having in place due diligence processes, that ensure that the identification and management of sustainability risks are sufficiently integrated in investment decision-making, requiring investors to identify, prevent, mitigate and account for ESG factors.

Or. en

Amendment 529 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 14 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. The technical screening criteria 1. The technical screening criteria adopted in accordance with Articles 6(2), adopted in accordance with Articles 6(2), 7(2), 8(2), 9(2), 10(2) and 11(2) shall: 7(2), 8(2), 9(2), 10(2), 11(2) and 11a(2) shall:

Or. en

Amendment 530 Dimitrios Papadimoulis

Proposal for a regulation Article 14 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) identify the most relevant potential (a) identify the most relevant potential contributions to the given environmental contributions to the given environmental objective, considering not only the short- objective, considering not only the short- term but also the longer term impacts of a term but also the longer term impacts of a specific economic activity; specific economic activity using a

AM\1172567EN.docx 71/123 PE632.154v01-00 EN dynamic approach building on forward- looking climate and environmental scenario analysis where available including regional and sectoral differences within the real economy;

Or. en

Amendment 531 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 14 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) identify the most relevant potential (a) identify the most relevant potential contributions to the given environmental contributions to the given environmental objective, considering not only the short- objective, considering not only the short- term but also the longer term impacts of a term but also the longer term impacts of a specific economic activity; specific economic activity and investment already planned;

Or. fr

Amendment 532 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 14 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) identify the most relevant potential (a) identify the most relevant potential contributions to the given environmental contributions to the given environmental or objective, considering not only the short- social objective, considering not only the term but also the longer term impacts of a short-term but also the longer term impacts specific economic activity; of a specific economic activity;

Or. en

Amendment 533 Simona Bonafè, Luigi Morgano

Proposal for a regulation PE632.154v01-00 72/123 AM\1172567EN.docx EN Article 14 – paragraph 1 – point a a (new)

Text proposed by the Commission Amendment

(a a) be based on harmonised indicators;

Or. en

Amendment 534 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 14 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) be qualitative or quantitative, or (c) be qualitative or quantitative, or both, and contain thresholds where both, and contain thresholds where possible; possible, taking into account the overall benefits in terms of environmental and social sustainability;

Or. en

Amendment 535 Elena Gentile

Proposal for a regulation Article 14 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) be qualitative or quantitative, or (c) be qualitative or quantitative, or both, and contain thresholds where both, and contain thresholds where possible; possible and planned investments;

Or. en

Amendment 536 Anne Sander

Proposal for a regulation Article 14 – paragraph 1 – point c

AM\1172567EN.docx 73/123 PE632.154v01-00 EN Text proposed by the Commission Amendment

(c) be qualitative or quantitative, or (c) be qualitative or quantitative, or both, and contain thresholds where both, and contain thresholds or mitigation possible; measures where possible;

Or. en

Amendment 537 Kay Swinburne

Proposal for a regulation Article 14 – paragraph 1 – point e

Text proposed by the Commission Amendment

(e) be based on conclusive scientific (e) be based on conclusive scientific evidence and take into account, where evidence, or in its absence, be based on relevant, the precautionary principle the prevailing global scientific consensus enshrined in article 191 TFEU; and take into account, where relevant, the precautionary principle enshrined in article 191 TFEU;

Or. en

Amendment 538 Jo Leinen

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, notably by considering their production, use and by considering their production, use and end-of-life; end-of-life, in which connection the environmental benefits of products and services and the contribution of intermediate products are considered, so that an assessment is drawn up which covers all the phases of manufacturing and use throughout the value chain and the life cycle;

PE632.154v01-00 74/123 AM\1172567EN.docx EN Or. de

Amendment 539 Lieve Wierinck, Fredrick Federley, Ramon Tremosa i Balcells, Caroline Nagtegaal

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, by considering their production, use and throughout their lifecycle, in as far as end-of-life; relevant information is available, notably by considering their production, use and end-of-life;

Or. en

Justification

A life-cycle assessment approach is more appropriate, as products can bring other sustainability benefits, down the supply chain as a consequence of product improvements in the upper layers of the chain. Also these should be recognised to provide a complete picture.

Amendment 540 Othmar Karas, Lukas Mandl

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, notably by considering their production, use and by considering their entire value chain end-of-life; and life-cycle, including production, use, recycling and end-of-life;

Or. en

Amendment 541 AM\1172567EN.docx 75/123 PE632.154v01-00 EN Anne Sander

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, notably by considering their production, use and by considering their production, use and end-of-life; end-of-life through a life cycle assessment;

Or. en

Amendment 542 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, by considering their production, use and throughout the life-cycle, notably by end-of-life; considering their production, use and end- of-life;

Or. en

Amendment 543 Markus Ferber

Proposal for a regulation Article 14 – paragraph 1 – point f

Text proposed by the Commission Amendment

(f) take into account the environmental (f) take into account the environmental impacts of the economic activity itself, as impacts of the economic activity itself, as well as of the products and services well as of the products and services provided by that economic activity, notably provided by that economic activity, notably

PE632.154v01-00 76/123 AM\1172567EN.docx EN by considering their production, use and by considering their production, use, end-of-life; recycling and end-of-life;

Or. en

Amendment 544 Karl-Heinz Florenz

Proposal for a regulation Article 14 – paragraph 1 – point f a (new)

Text proposed by the Commission Amendment

(f a) consider the role of the whole value-chain, from the processing of raw materials to the final product, in the final delivery of environmental sustainable activities;

Or. en

Justification

Environmental sustainable activities depend on the cooperation between different sectors and economic actors all along industrial value chains. This aspect should be reflected in the technical screening criteria for environmental sustainable activities.

Amendment 545 Elena Gentile

Proposal for a regulation Article 14 – paragraph 1 – point g

Text proposed by the Commission Amendment

(g) take into account the nature and the (g) take into account the nature and the scale of the economic activity; scale of the economic activity and planned investments;

Or. en

Amendment 546 Simona Bonafè, Luigi Morgano

Proposal for a regulation

AM\1172567EN.docx 77/123 PE632.154v01-00 EN Article 14 – paragraph 1 – point g a (new)

Text proposed by the Commission Amendment

(g a) take into account the functioning of industrial value chains, by considering that environmentally sustainable activities are enabled by technologies and products developed by multiple economic actors;

Or. en

Amendment 547 Dimitrios Papadimoulis

Proposal for a regulation Article 14 – paragraph 1 – point h

Text proposed by the Commission Amendment

(h) take into account the potential deleted impact on liquidity in the market, the risk of certain assets becoming stranded as a result of losing value due to the transition to a more sustainable economy, as well as the risk of creating inconsistent incentives;

Or. en

Amendment 548 Lieve Wierinck, Thierry Cornillet, Fredrick Federley, Caroline Nagtegaal

Proposal for a regulation Article 14 – paragraph 1 – point h a (new)

Text proposed by the Commission Amendment

(h a) take into account if an activity is in transition to a more sustainable and/ or low-carbon configuration and/ or operation, through research and innovation projects, specific timelines and pathways of this transition;

Or. en

PE632.154v01-00 78/123 AM\1172567EN.docx EN Justification

The goal is to target the largest polluters by providing them an incentive to make the transition towards sustainability. When these investments target the transition, these efforts need to be incentivised and taken into account.

Amendment 549 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 14 – paragraph 1 – point h a (new)

Text proposed by the Commission Amendment

(h a) take into account if an activity is in transition to a sustainable configuration and/or operation, through research and innovation projects, specific timelines and pathways of this transition;

Or. en

Amendment 550 Sirpa Pietikäinen

Proposal for a regulation Article 14 – paragraph 1 – point i

Text proposed by the Commission Amendment

(i) cover all relevant economic (i) cover all relevant economic activities within a specific sector and activities within an economic macro sector ensure that those activities are treated and ensure that those activities are treated equally if they contribute equally towards equally in terms of their sustainability one or more environmental objectives, to risks and if they contribute equally avoid distorting competition in the market; towards one or more environmental objectives while not significantly harming other environmental objectives referred to in Articles 3 and 12, to avoid distorting competition in the market;

Or. en

Amendment 551

AM\1172567EN.docx 79/123 PE632.154v01-00 EN Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 14 – paragraph 1 – point j a (new)

Text proposed by the Commission Amendment

(j a) fully respect the subsidiarity principle, enshrined in Article 69 and protocol no 2 in TFEU and the division of competence between Member States and the Union as enshrined in the Treaties.

Or. en

Amendment 552 Lieve Wierinck, Thierry Cornillet, Fredrick Federley, Caroline Nagtegaal

Proposal for a regulation Article 14 – paragraph 1 – point j a (new)

Text proposed by the Commission Amendment

(j a) be sector specific, where possible.

Or. en

Amendment 553 Markus Ferber

Proposal for a regulation Article 14 – paragraph 1 – point j a (new)

Text proposed by the Commission Amendment

(j a) are easy to apply and are not too burdensome from a compliance perspective.

Or. en

Justification

The screening criteria shall not cause excessive red tape.

PE632.154v01-00 80/123 AM\1172567EN.docx EN Amendment 554 Bas Eickhout

Proposal for a regulation Article 14 – paragraph 2

Text proposed by the Commission Amendment

2. The technical screening criteria 2. The technical screening criteria referred to in paragraph 1 shall also include referred to in paragraph 1 shall also include criteria for activities related to the clean criteria based on indicators for activities energy transition, in particular energy related to the clean energy transition efficiency and renewable energy, to the towards net-zero GHG emissions, in extent that those are substantially particular energy efficiency and renewable contributing to any of the environmental energy, to the extent that those are objectives. substantially contributing to any of the environmental objectives. The technical screening criteria shall ensure that power generation activities that, on average, emit more than 100gCO2/kWh or produce non-renewable waste are not considered sustainable economic activities. The technical screening criteria shall ensure that economic activities contributing to carbon intensive lock-in effects are not considered sustainable economic activities even if these activities have an environmental performance which is substantially better than the industry average.

Or. en

Amendment 555 Bas Eickhout

Proposal for a regulation Article 14 – paragraph 2 a (new)

Text proposed by the Commission Amendment

2 a. The screening criteria referred to in paragraph 1 a (new) of Article 12 shall ensure that power generation activities that, on average, emit more than 350gCO2/kWh or produce non-renewable waste are considered economic activities with a significant negative environmental impact. The technical screening criteria AM\1172567EN.docx 81/123 PE632.154v01-00 EN shall ensure that economic activities contributing to carbon intensive lock-in effects are considered economic activities with a significant negative economic impact even if these activities have an environmental performance which is substantially better than the industry average.

Or. en

Amendment 556 Dimitrios Papadimoulis

Proposal for a regulation Article 14 – paragraph 2 a (new)

Text proposed by the Commission Amendment

2 a. The minimum safeguards shall be implemented by the undertaking that is carrying out an economic activity by due diligence procedures consistent with the UN Guiding Principles on Business and Human Rights and the OECD Due Diligence Guidance for Responsible Business Conduct (2018). Due diligence in this context means the procedure (or set of procedures) undertakings carry out to identify, prevent, mitigate and account for how they address their potential and actual negative impacts on human rights, including the human rights of workers, in the context of the undertaking’s economic activity, supply chains and business relationships. This is missing in the draft report. As mentioned, explicitly introducing requirement on undertakings to conduct due diligence consistent with UNGPs and OECD guidelines is key, otherwise risk duplicating/weakening existing international standards.

Or. en

Amendment 557 Markus Ferber PE632.154v01-00 82/123 AM\1172567EN.docx EN

Proposal for a regulation Article 14 – paragraph 4

Text proposed by the Commission Amendment

4. The Commission shall regularly deleted review the screening criteria referred to in paragraph 1 and, if appropriate, amend the delegated acts adopted in accordance with this Regulation in line with scientific and technological developments.

Or. en

Justification

Such a far-reaching change to the screening criteria should not be done via a delegated act.

Amendment 558 Markus Ferber, Christophe Hansen

Proposal for a regulation Article 14 – paragraph 4 a (new)

Text proposed by the Commission Amendment

4 a. The technical screening criteria shall not result in setting up a black list or brown list of economic activity.

Or. en

Amendment 559 Bas Eickhout

Proposal for a regulation Article 15 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. The Commission shall establish a 1. The Commission shall establish a Platform on sustainable finance composed Platform on sustainable finance the of: composition of which shall take into account the need to ensure balance and a multidisciplinary approach, including experts in the field of socially sustainable investment and human rights, ensure AM\1172567EN.docx 83/123 PE632.154v01-00 EN gender equality and reflect a wide range of knowledge and views. The Platform on sustainable finance shall be composed of representatives of the four following groups:

Or. en

Amendment 560 Sirpa Pietikäinen

Proposal for a regulation Article 15 – paragraph 1 – point a – point i a (new)

Text proposed by the Commission Amendment

(i a) national environment protection agencies

Or. en

Amendment 561 Elena Gentile

Proposal for a regulation Article 15 – paragraph 1 – point a – point iii a (new)

Text proposed by the Commission Amendment

(iii a) the multi-stakeholder platform on the implementation of the Sustainable Development Goals in the EU;

Or. en

Amendment 562 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 15 – paragraph 1 – point a – point iii a (new)

Text proposed by the Commission Amendment

(iii a) experts representing National Promotional Banks and Institutions;

PE632.154v01-00 84/123 AM\1172567EN.docx EN Or. en

Amendment 563 Sirpa Pietikäinen

Proposal for a regulation Article 15 – paragraph 1 – point a – point iii a (new)

Text proposed by the Commission Amendment

(iii a) the European Financial Reporting Advisory Group (EFRAG)

Or. en

Amendment 564 Anne Sander

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) and in balanced proportions: private stakeholders; (i) experts representing relevant private stakeholders including non-financial companies; and (ii) experts appointed in a personal capacity, with proven knowledge and experience in the areas covered by this Regulation

Or. en

Amendment 565 Othmar Karas, Lukas Mandl

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders, including financial AM\1172567EN.docx 85/123 PE632.154v01-00 EN and non-financial market actors, representatives of the real economy including the manufacturing industry, universities, research institutes, associations and organisations;

Or. en

Amendment 566 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Petri Sarvamaa

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders representing all parts of society, in particular stakeholders with proven knowledge and experience in the areas of investments and sustainability;

Or. en

Amendment 567 Christofer Fjellner, Gunnar Hökmark

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders with proven knowledge and experience in the areas of investments and sustainability;

Or. en

Amendment 568 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 1 – point b PE632.154v01-00 86/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders, appointed by the European Parliament; Experts referred to point (b) should not represent more than one third of all experts.

Or. en

Amendment 569 Markus Ferber

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders from the financial sector as well as from the real economy representing a broad set of relevant industries;

Or. en

Justification

In order to provide meaningful input a wide set of experiences should be represented in the Platform on Sustainable Finance.

Amendment 570 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders including financial, industrial and representatives of civil society;

Or. en

AM\1172567EN.docx 87/123 PE632.154v01-00 EN

Amendment 571 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing relevant private stakeholders; private stakeholders, including manufacturing sectors;

Or. en

Amendment 572 Elena Gentile

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) experts representing National private stakeholders; Promoting Banks and Institutions (NPBIs);

Or. en

Amendment 573 Lieve Wierinck, Thierry Cornillet, Caroline Nagtegaal

Proposal for a regulation Article 15 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) experts representing relevant (b) and, in balanced proportions: private stakeholders;

Or. en

Amendment 574 Lieve Wierinck, Thierry Cornillet, Ramon Tremosa i Balcells, Caroline Nagtegaal

PE632.154v01-00 88/123 AM\1172567EN.docx EN

Proposal for a regulation Article 15 – paragraph 1 – point b – point i (new)

Text proposed by the Commission Amendment

i) experts representing relevant private stakeholders including non- financial companies; and

Or. en

Amendment 575 Lieve Wierinck, Thierry Cornillet, Caroline Nagtegaal

Proposal for a regulation Article 15 – paragraph 1 – point b – point ii (new)

Text proposed by the Commission Amendment

ii) experts appointed in a personal capacity, with proven knowledge and experience in the areas covered by this Regulation.

Or. en

Amendment 576 Lieve Wierinck, Thierry Cornillet, Caroline Nagtegaal

Proposal for a regulation Article 15 – paragraph 1 – point b – point iii (new)

Text proposed by the Commission Amendment

iii) prior to appointment by the Commission of candidates that do not represent one of the Union's agencies or institutions in the platform, final consent by European Parliament, on the list as a whole, shall be required.

Or. en

Amendment 577

AM\1172567EN.docx 89/123 PE632.154v01-00 EN Elena Gentile

Proposal for a regulation Article 15 – paragraph 1 – point b a (new)

Text proposed by the Commission Amendment

(b a) experts representing relevant private stakeholders including non- financial companies;

Or. en

Amendment 578 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 15 – paragraph 1 – point b a (new)

Text proposed by the Commission Amendment

(b a) experts representing civil society, including non-governmental organisations and trade unions;

Or. en

Amendment 579 Giovanni La Via

Proposal for a regulation Article 15 – paragraph 1 – point b a (new)

Text proposed by the Commission Amendment

(b a) experts representing National Promotional Banks and Institutions (NPBIs)

Or. en

Amendment 580 Bas Eickhout

Proposal for a regulation

PE632.154v01-00 90/123 AM\1172567EN.docx EN Article 15 – paragraph 1 – point b a (new)

Text proposed by the Commission Amendment

(b a) experts representing civil society, including trade unions

Or. en

Amendment 581 Anne Sander

Proposal for a regulation Article 15 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) experts appointed in a personal deleted capacity, with proven knowledge and experience in the areas covered by this Regulation.

Or. en

Amendment 582 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) experts appointed in a personal (c) Academic experts, who may be capacity, with proven knowledge and appointed in a personal capacity, with experience in the areas covered by this global expertise, proven knowledge and Regulation. experience in the areas covered by this Regulation.

Or. en

Amendment 583 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 1 – point c

AM\1172567EN.docx 91/123 PE632.154v01-00 EN

Text proposed by the Commission Amendment

(c) experts appointed in a personal (c) experts representing civil society, capacity, with proven knowledge and including non-governmental experience in the areas covered by this organisations, trade unions and experts Regulation. working on human rights issues;

Or. en

Amendment 584 Bas Eickhout

Proposal for a regulation Article 15 – paragraph 1 – subparagraph 1 (new)

Text proposed by the Commission Amendment

Experts refered to in points (b), (b a) and (c) of paragraph 1 shall be appointed in accordance with Article 237 of the Financial Regulation.

Or. en

Amendment 585 Bas Eickhout

Proposal for a regulation Article 15 – paragraph 1 – point c a (new)

Text proposed by the Commission Amendment

(c a) Each of the four groups under paragraph 1 shall be represented in roughly equal measure. No group shall provide more than one third of the members of the Platform.

Or. en

Amendment 586 Sirpa Pietikäinen

Proposal for a regulation

PE632.154v01-00 92/123 AM\1172567EN.docx EN Article 15 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) advise the Commission on the (a) advise the Commission on the technical screening criteria referred to in technical screening criteria based on Article 14, and the possible need to update indicators referred to in Article 14 and the those criteria; possible need to update those criteria; in doing so, it shall develop harmonised environmental indicators, drawing on the existing indicators and the work of Union's entities, notably the Circular Economy Monitoring Platform.

Or. en

Amendment 587 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Petri Sarvamaa

Proposal for a regulation Article 15 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) advise the Commission on the (a) advise the Commission on the technical screening criteria referred to in technical screening criteria referred to in Article 14, and the possible need to update Article 14, especially in order to secure those criteria; the principle of subsidiarity and within that remit the precautionary principle, and the possible need to update those criteria;

Or. en

Amendment 588 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 2 – point b

Text proposed by the Commission Amendment

(b) analyse the impact of the technical (b) analyse the impact of the technical screening criteria in terms of potential screening criteria based on data and costs and benefits of their application; scientific research whenever available or globally accepted indicators if quality data for sound analysis is unavailable, in terms

AM\1172567EN.docx 93/123 PE632.154v01-00 EN of potential costs and benefits of their application;

Or. en

Amendment 589 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 2 – point c

Text proposed by the Commission Amendment

(c) assist the Commission to analyse (c) assist the Commission to analyse requests from stakeholders to develop or requests from stakeholders to develop or revise technical screening criteria for a revise technical screening criteria based on given economic activity; data and scientific research whenever available or globally accepted indicators if unavailable for a given economic activity;

Or. en

Amendment 590 Markus Ferber

Proposal for a regulation Article 15 – paragraph 2 – point d

Text proposed by the Commission Amendment

(d) advise the Commission on the deleted suitability of the technical screening criteria for possible further uses;

Or. en

Justification

It should be a prerogative of the Union legislator to decide if the screening criteria shall be applied for other uses.

Amendment 591 Kay Swinburne

Proposal for a regulation

PE632.154v01-00 94/123 AM\1172567EN.docx EN Article 15 – paragraph 2 – point d

Text proposed by the Commission Amendment

(d) advise the Commission on the (d) advise the suitability of the technical screening Commission on the suitability of criteria for possible further uses; the technical screening criteria based on data and scientific research whenever available or globally accepted indicators if unavailable, for possible further uses;

Or. en

Amendment 592 Sirpa Pietikäinen

Proposal for a regulation Article 15 – paragraph 2 – point d a (new)

Text proposed by the Commission Amendment

(d a) advise the Commission on the development of sustainability accounting standards and integrated reporting standards for corporates and financial market participants, including through the revision of the Directive 2013/34/EU.

Or. en

Amendment 593 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 2 – point e

Text proposed by the Commission Amendment

(e) monitor and report regularly to the (e) monitor and report regularly to the Commission on capital flows towards Commission based on data and, ideally, sustainable investment; independent peer reviewed research on any causal links between the taxonomy and shifts in capital flows toward sustainable investment;

Or. en

AM\1172567EN.docx 95/123 PE632.154v01-00 EN

Amendment 594 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 15 – paragraph 2 – point e

Text proposed by the Commission Amendment

(e) monitor and report regularly to the (e) monitor and report regularly to the Commission on capital flows towards Commission on investment needs in the sustainable investment; EU and at Member States level, and on capital flows towards sustainable investment;

Or. en

Amendment 595 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 2 – point e

Text proposed by the Commission Amendment

(e) monitor and report regularly to the (e) monitor and report regularly to the Commission on capital flows towards Commission on capital flows towards sustainable investment; sustainable and unsustainable investment;

Or. en

Amendment 596 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 2 – point e a (new)

Text proposed by the Commission Amendment

(e a) Assist the Commission in analysing the specific environmental considerations and progress towards sustainability objectives in third countries.

Or. en

PE632.154v01-00 96/123 AM\1172567EN.docx EN

Amendment 597 Markus Ferber

Proposal for a regulation Article 15 – paragraph 2 – point f

Text proposed by the Commission Amendment

(f) advise the Commission on the deleted possible need to amend this Regulation.

Or. en

Justification

The need to revise this regulation shall be established by the review conducted in line with the review clause and not by the Platform on Sustainable Finance.

Amendment 598 Jakob von Weizsäcker

Proposal for a regulation Article 15 – paragraph 2 – point f

Text proposed by the Commission Amendment

(f) advise the Commission on the (f) advise the Commission on the possible need to amend this Regulation. possible need to amend this Regulation, especially concerning the necessity of establishing a Union classification of environmentally sustainable economic activities and investments in order to counter incentives to lower national implementation of the criteria.

Or. en

Amendment 599 Kay Swinburne

Proposal for a regulation Article 15 – paragraph 2 – point f

Text proposed by the Commission Amendment

(f) advise the Commission on the (f) advise the Commission on the AM\1172567EN.docx 97/123 PE632.154v01-00 EN possible need to amend this Regulation. possible need to amend this Regulation, particularly in regard to data relevance and quality, and ways to reduce the administrative burden.

Or. en

Amendment 600 Lieve Wierinck, Thierry Cornillet, Caroline Nagtegaal

Proposal for a regulation Article 15 – paragraph 2 – subparagraph 1 (new)

Text proposed by the Commission Amendment

Within 6 months following the request mentioned in Article 4(2), the Platform shall make public the conclusion of its analysis regarding requests from stakeholders to develop or revise technical screening criteria for a given economic activity. To fulfil its role in assisting and advising the Commission, the Platform shall carry out public consultations to gather views from all concerned stakeholders.

Or. en

Amendment 601 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 2 – point f a (new)

Text proposed by the Commission Amendment

(f a) contribute to the evaluation and development of sustainable finance regulations and policies,including consistency issues across relevant policies, and providing advice to Member States in the development their National Energy and Climate Plans, sustainable investment strategies and support with national level finance interventions.

PE632.154v01-00 98/123 AM\1172567EN.docx EN Or. en

Amendment 602 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 15 – paragraph 2 – point f a (new)

Text proposed by the Commission Amendment

(f a) contribute to the assessment and development of sustainable public and private finance regulations and policies, including consistency issues across relevant policies, and providing support to Member States on national level finance interventions.

Or. en

Amendment 603 Françoise Grossetête, Alain Lamassoure, Anne Sander

Proposal for a regulation Article 15 – paragraph 2 a (new)

Text proposed by the Commission Amendment

2a. Within 6 months of the notification referred to in Article 4(2), the Platform must make public the conclusions of its analysis of the application by financial market participants to consider as environmentally sustainable an economic activity which does not comply with the technical screening criteria laid down in accordance with this Regulation, or for which technical screening criteria have not yet been established. The Platform should be able to conduct public consultations in order to gather stakeholders’ views.

Or. fr

AM\1172567EN.docx 99/123 PE632.154v01-00 EN Amendment 604 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall be chaired by the Commission. Commission and the Commission horizontal rules for expert groups shall apply to the Platform.

Or. en

Amendment 605 Othmar Karas, Lukas Mandl

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall be chaired by the Commission. Commission and may carry out public consultations on specific matters within its mandate.

Or. en

Amendment 606 Herbert Dorfmann

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall follow the principle of Commission. rotation and shall be chaired by the Commission.

Or. en

PE632.154v01-00 100/123 AM\1172567EN.docx EN

Amendment 607 Anne Sander

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall follow the principal of Commission. rotation and shall be chaired by the Commission.

Or. en

Amendment 608 Barbara Kappel

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall follow the principle or Commission. rotation and shall be chaired by the Commission.

Or. en

Amendment 609 Costas Mavrides

Proposal for a regulation Article 15 – paragraph 3

Text proposed by the Commission Amendment

3. The Platform on Sustainable 3. The Platform on Sustainable Finance shall be chaired by the Finance shall follow the principle of Commission. rotation and shall be chaired by the Commission.

Or. en

AM\1172567EN.docx 101/123 PE632.154v01-00 EN

Amendment 610 Othmar Karas

Proposal for a regulation Article 15 – paragraph 3 a (new)

Text proposed by the Commission Amendment

3 a. The Commission shall publish the analyses, deliberations, reports and minutes of the Platform on Sustainable Finance on its website.

Or. en

Amendment 611 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 3 a (new)

Text proposed by the Commission Amendment

3 a. The Commission shall publish the analysis, reports and minutes of the Platform on their website.

Or. en

Amendment 612 Dimitrios Papadimoulis

Proposal for a regulation Article 15 – paragraph 3 b (new)

Text proposed by the Commission Amendment

3 b. The European Parliament and the Council shall be kept duly informed in a timely manner at all stages of the selection procedure of experts for the Platform on sustainable finance. Approval for all external candidates, representing non-EU institutions, will be required from the European Parliament

PE632.154v01-00 102/123 AM\1172567EN.docx EN before appointment by the Commission.

Or. en

Amendment 613 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 15 a (new)

Text proposed by the Commission Amendment

Article 15 a Verification mechanism of compliance By 31 March 2020, the European Commission shall, where appropriate, make proposals on a verification mechanism of compliance with this Regulation, including a mandate for the competent authorities on Member State and Union level to assess and monitor the compliance with this Regulation of Member States and financial market participants.

Or. en

Amendment 614 Barbara Kappel

Proposal for a regulation Article 16 – paragraph 2

Text proposed by the Commission Amendment

2. The power to adopt delegated acts deleted referred to in Articles 4(3), 6(2), 7(2), 8(2), 9(2), 10(2) and 11(2) shall be conferred on the Commission for an indeterminate period from [Date of entry into force of this Regulation].

Or. en

AM\1172567EN.docx 103/123 PE632.154v01-00 EN Amendment 615 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 16 – paragraph 2

Text proposed by the Commission Amendment

2. The power to adopt delegated acts 2. The power to adopt delegated acts referred to in Articles 4(3), 6(2), 7(2), 8(2), referred to in Articles 4(3), 6(2), 7(2), 8(2), 9(2), 10(2) and 11(2) shall be conferred on 9(2), 10(2) and 11(2) shall be conferred on the Commission for an indeterminate the Commission for an indeterminate period from [Date of entry into force of period from [Date of entry into force of this Regulation]. this Regulation]. The power to adopt delegated acts shall not limit national competence or undermine the principle of subsidiarity, especially in relation to national application of the adopted text of the Ministerial Conference on the Protection of Forests in Europe (Helsinki, 1993).

Or. en

Amendment 616 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 16 – paragraph 2

Text proposed by the Commission Amendment

2. The power to adopt delegated acts 2. The power to adopt delegated acts referred to in Articles 4(3), 6(2), 7(2), 8(2), referred to in Articles 4(3), 6(2), 7(2), 8(2), 9(2), 10(2) and 11(2) shall be conferred on 9(2), 10(2), 11(2) and 11a(2) shall be the Commission for an indeterminate conferred on the Commission for an period from [Date of entry into force of indeterminate period from [Date of entry this Regulation]. into force of this Regulation].

Or. en

Amendment 617 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 16 – paragraph 4 PE632.154v01-00 104/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

4. Before adopting a delegated act, the 4. Before adopting a delegated act, the Commission shall consult experts Commission shall carry out appropriate designated by each Member State in consultations, including at public level, accordance with the principles laid down in during its preparatory work. These the Interinstitutional Agreement of 13 consultations shall be conducted in April 2016 on Better Law-Making. accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. In particular, to ensure equal participation in the preparation of delegated acts, the European Parliament and the Council receive all documents at the same time as Technical and Member States experts, and their experts systematically have access to meetings of Commission expert groups dealing with the preparation of delegated acts;

Or. en

Amendment 618 Othmar Karas, Lukas Mandl

Proposal for a regulation Article 16 – paragraph 4

Text proposed by the Commission Amendment

4. Before adopting a delegated act, 4. Before adopting the delegated acts the Commission shall consult experts referred to in Articles 4(3), 6(2), 7(2), designated by each Member State in 8(2), 9(2), 10(2) and 11(2), the accordance with the principles laid down in Commission shall consult experts the Interinstitutional Agreement of 13 designated by each Member State and April 2016 on Better Law-Making. assess their impact in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making.

Or. en

Amendment 619 Markus Ferber

Proposal for a regulation AM\1172567EN.docx 105/123 PE632.154v01-00 EN Article 16 – paragraph 4

Text proposed by the Commission Amendment

4. Before adopting a delegated act, the 4. Before adopting a delegated act, the Commission shall consult experts Commission shall consult experts designated by each Member State in designated by each Member State in accordance with the principles laid down in accordance with the principles laid down in the Interinstitutional Agreement of 13 the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. April 2016 on Better Law-Making and provide an impact assessment of the proposed policy options;

Or. en

Amendment 620 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 16 – paragraph 6

Text proposed by the Commission Amendment

6. A delegated act adopted pursuant to 6. A delegated act adopted pursuant to Articles 4(3), 6(2), 7(2), 8(2), 9(2), 10(2) Articles 4(3), 6(2), 7(2), 8(2), 9(2), 10(2), and 11(2) shall enter into force only if no 11(2) and 11a(2) shall enter into force only objection has been expressed either by the if no objection has been expressed either European Parliament or the Council within by the European Parliament or the Council a period of two months of notification of within a period of two months of that act to the European Parliament and the notification of that act to the European Council or if, before the expiry of that Parliament and the Council or if, before the period, the European Parliament and the expiry of that period, the European Council have both informed the Parliament and the Council have both Commission that they will not object. That informed the Commission that they will period shall be extended by two months at not object. That period shall be extended the initiative of the European Parliament or by two months at the initiative of the of the Council. European Parliament or of the Council.

Or. en

Amendment 621 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 17 – paragraph -1 (new)

PE632.154v01-00 106/123 AM\1172567EN.docx EN Text proposed by the Commission Amendment

-1. By 31 December 2019, the Commission shall submit a report to the European Parliament and to the Council on the opportunity of extending the scope of this Regulation to cover all sustainability objectives, including social objectives, in the view to establish an integrated EU taxonomy for sustainable investments. The report shall be accompanied, where appropriate, by a legislative proposal to amend this Regulation.

Or. en

Amendment 622 Kay Swinburne

Proposal for a regulation Article 17 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. By 31 December 2021, and 1. By 31 December 2021, and subsequently every three years thereafter, subsequently every three years thereafter, the Commission shall publish a report on the Commission shall publish a report on the application of this Regulation. That the application and impacts of this report shall evaluate the following: Regulation. That report shall evaluate whether this Regulation is sufficiently broad as not to lock-in technological development and innovation, and, on the other hand, not too lax as to have a real effect in guiding resources towards sustainable development. The related impact analyses should be independent and consider the following:

Or. en

Amendment 623 Markus Ferber

Proposal for a regulation Article 17 – paragraph 1 – introductory part

AM\1172567EN.docx 107/123 PE632.154v01-00 EN Text proposed by the Commission Amendment

1. By 31 December 2021, and 1. By 31 December 2023, and subsequently every three years thereafter, subsequently every three years thereafter, the Commission shall publish a report on the Commission shall publish a report on the application of this Regulation. That the application of this Regulation. That report shall evaluate the following: report shall evaluate the following:

Or. en

Amendment 624 Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 17 – paragraph 1 – introductory part

Text proposed by the Commission Amendment

1. By 31 December 2021, and 1. By 31 December 2026, and subsequently every three years thereafter, subsequently every three years thereafter, the Commission shall publish a report on the Commission shall publish a report on the application of this Regulation. That the application of this Regulation. That report shall evaluate the following: report shall evaluate the following:

Or. en

Amendment 625 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Ulrike Müller, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 17 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) the progress on the implementation (a) the progress on the implementation of this Regulation with regard to the of this Regulation with regard to the development of technical screening criteria development of technical screening criteria for environmentally sustainable economic for environmentally sustainable economic activities; activities, especially how the principle of subsidiarity and the division of competences between the Union and Member States has been respected;

Or. en

PE632.154v01-00 108/123 AM\1172567EN.docx EN Amendment 626 Kay Swinburne

Proposal for a regulation Article 17 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) the progress on the implementation (a) whether the implementation of this of this Regulation with regard to the Regulation has constrained technological development of technical screening criteria progress and innovation, and how the for environmentally sustainable economic technical screening criteria for activities; environmentally sustainable economic activities should be broadened or relaxed to facilitate innovation;

Or. en

Amendment 627 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 17 – paragraph 1 – point a

Text proposed by the Commission Amendment

(a) the progress on the implementation (a) the progress on the implementation of this Regulation with regard to the of this Regulation with regard to the development of technical screening criteria development of technical screening criteria for environmentally sustainable economic for environmentally and socially activities; sustainable economic activities;

Or. en

Amendment 628 Damiano Zoffoli

Proposal for a regulation Article 17 – paragraph 1 – point a a (new)

Text proposed by the Commission Amendment

(a a) By 31 December 2019,the Commission shall publish a report describing the most appropriate processfor extending the scope of this Regulation to cover other sustainability

AM\1172567EN.docx 109/123 PE632.154v01-00 EN objectives, including social objectives;

Or. en

Amendment 629 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 17 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) the possible need to revise the (b) the possible need to revise the criteria set out in this Regulation for criteria set out in this Regulation for considering an economic activity considering an economic activity environmentally sustainable; environmentally or socially sustainable;

Or. en

Amendment 630 Kay Swinburne

Proposal for a regulation Article 17 – paragraph 1 – point b

Text proposed by the Commission Amendment

(b) the possible need to revise the (b) whether the framework has had a criteria set out in this Regulation for real impact towards its goals, and if not, considering an economic activity how the criteria set out in this Regulation environmentally sustainable; should be revised;

Or. en

Amendment 631 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) the appropriateness of extending (c) deleted the scope of this Regulation to cover other sustainability objectives, in particular

PE632.154v01-00 110/123 AM\1172567EN.docx EN social objectives;

Or. en

Amendment 632 Elena Gentile

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) the appropriateness of extending (c) By 31 December 2021, the the scope of this Regulation to cover other Commission shall put forward a proposal sustainability objectives, in particular for extending the scope of this Regulation social objectives; to cover other sustainability objectives, in particular social objectives of the Sustainable Developments Goals;

Or. en

Amendment 633 Kay Swinburne

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) the appropriateness of extending (c) the appropriateness of extending the scope of this Regulation to cover other the scope of this Regulation to cover other sustainability objectives, in particular sustainability objectives, in particular social objectives; social objectives provided that they are not conflicting;

Or. en

Amendment 634 Marco Valli, Piernicola Pedicini, Laura Agea

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

AM\1172567EN.docx 111/123 PE632.154v01-00 EN (c) the appropriateness of extending (c) the extension of the scope of this the scope of this Regulation to cover other Regulation to cover other sustainability sustainability objectives, in particular objectives, in particular social objectives; social objectives;

Or. en

Amendment 635 Damiano Zoffoli

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) the appropriateness of extending (c) the extension of the scope of this the scope of this Regulation to cover other Regulation to cover other sustainability sustainability objectives, in particular objectives, in particular social objectives; social objectives;

Or. en

Amendment 636 Dimitrios Papadimoulis

Proposal for a regulation Article 17 – paragraph 1 – point c

Text proposed by the Commission Amendment

(c) the appropriateness of extending (c) the extension of the scope of this the scope of this Regulation to cover other Regulation to cover other sustainability sustainability objectives, in particular objectives, in particular social objectives; social objectives;

Or. en

Amendment 637 Jakob von Weizsäcker

Proposal for a regulation Article 17 – paragraph 1 – point d

Text proposed by the Commission Amendment

PE632.154v01-00 112/123 AM\1172567EN.docx EN (d) the use of the definition of (d) the use of the definition of environmentally sustainable investment in environmentally sustainable investment in Union law, and at Member State level, Union law, and at Member State level, including the appropriateness of setting up including the appropriateness of setting up verification mechanism of compliance with verification mechanism of compliance with the criteria set out in this Regulation. the criteria set out in this Regulation or setting up a Union classification of environmentally sustainable economic activities and investments.

Or. en

Amendment 638 Costas Mavrides

Proposal for a regulation Article 17 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) the use of the definition of (d) the use of the definition of environmentally sustainable investment in environmentally sustainable investment in Union law, and at Member State level, Union law, and at Member State level, including the appropriateness of setting up including the appropriateness of setting up verification mechanism of compliance with verification mechanism of compliance with the criteria set out in this Regulation. the criteria based on indicators set out in this Regulation.

Or. en

Amendment 639 Elena Gentile

Proposal for a regulation Article 17 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) the use of the definition of (d) the use of the definition of environmentally sustainable investment in environmentally sustainable investment in Union law, and at Member State level, Union law, and at Member State level, including the appropriateness of setting up including the appropriateness of setting up verification mechanism of compliance with verification mechanism of compliance with the criteria set out in this Regulation. the criteria based on indicators set out in this Regulation.

Or. en AM\1172567EN.docx 113/123 PE632.154v01-00 EN

Amendment 640 Simona Bonafè, Luigi Morgano

Proposal for a regulation Article 17 – paragraph 1 – point d

Text proposed by the Commission Amendment

(d) the use of the definition of (d) the use of the definition of environmentally sustainable investment in environmentally or socially sustainable Union law, and at Member State level, investment in Union law, and at Member including the appropriateness of setting up State level, including the appropriateness verification mechanism of compliance with of setting up verification mechanism of the criteria set out in this Regulation. compliance with the criteria set out in this Regulation.

Or. en

Amendment 641 Nils Torvalds, Fredrick Federley, Anneli Jäätteenmäki, Jytte Guteland, Elsi Katainen, Christofer Fjellner, Gunnar Hökmark, Petri Sarvamaa

Proposal for a regulation Article 17 – paragraph 1 – point d a (new)

Text proposed by the Commission Amendment

(d a) the effects of this Regulation in delivering long-term stability incentivising long-term sustainable investments that are in line with the Union's climate commitments.

Or. en

Amendment 642 Karl-Heinz Florenz

Proposal for a regulation Article 17 – paragraph 1 a (new)

Text proposed by the Commission Amendment

1 a. The report shall take into account the possibility to introduce integrated

PE632.154v01-00 114/123 AM\1172567EN.docx EN reporting requirements in relation to the disclosure of non-financial and diversity information by certain large undertakings and groups in accordance with Directive 2013/34/EU of the European Parliament and of the Council1a, and it shall be accompanied, if appropriate, by a legislative proposal. ______1a Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19).

Or. en

Amendment 643 Dimitrios Papadimoulis

Proposal for a regulation Article 17 – paragraph 1 a (new)

Text proposed by the Commission Amendment

1 a. By 31 December 2019 at the latest, the Commission shall publish a report describing the most appropriate process for extending the scope of this Regulation to cover other sustainability objectives, including social objectives.

Or. en

Amendment 644 Dimitrios Papadimoulis

Proposal for a regulation Article 17 – paragraph 1 b (new)

AM\1172567EN.docx 115/123 PE632.154v01-00 EN Text proposed by the Commission Amendment

1 b. By 31 December 2024, and subsequently every three years thereafter, the Commission shall publish a report evaluating the effectiveness of the taxonomy in channelling private investments in sustainable activities.

Or. en

Amendment 645 Markus Ferber

Proposal for a regulation Article 17 – paragraph 2

Text proposed by the Commission Amendment

2. The report shall be sent to the 2. The report shall be sent to the European Parliament and to the Council. European Parliament and to the Council. The Commission shall make The Commission shall make accompanying proposals where accompanying legislative proposals if appropriate. appropriate.

Or. en

Justification

If the Commission makes any recommendations for changes based on its review procedures, those changes should be introduced via the regular legislative procedure and not via implementing legislation.

Amendment 646 Sirpa Pietikäinen

Proposal for a regulation Article 17 a (new) Directive 2013/34/EU Art 17a

Text proposed by the Commission Amendment

Article 17 a Amendments to Directive 2013/34/EU Directive 2013/34/EU is amended as

PE632.154v01-00 116/123 AM\1172567EN.docx EN follows: (1) In Article 19(2) the following subparagraphs are added: '(f) the sustainability risks relevant to the particular business as defined in Article 2(a) of [PO: Please insert reference to Regulation on disclosures relating to sustainable investments and sustainability risks and amending Directive (EU)2016/2341 and Directive 2013/34/EU], enabling financial market participants as defined in Article 2(s a) of that Regulation to meet their sustainability risk disclosure and mitigation obligations as defined in Article 4 and 5 of that Regulation;'. '(g) the performance measured against sustainability indicators relevant to the particular business and industry, based on a list of harmonised sustainability indicators to be developed and updated by the European Commission, in coherence with [PO: Please insert reference to Regulation on the establishments of a framework to facilitate sustainable investment];'. '(h) Scope 1, scope 2 and scope 3 emissions' '(i) the undertakings' performance under (h) against Union climate objectives' '(j) the proportion of the undertakings turnover that is generated by economic activities which meet the technical criteria under Article 3 of (insert reference to the proposal for a regulation of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment)' '(k) the proportion of the undertakings turnover that is generated by economic activities which meet the technical screening criteria under Article 3a (insert reference to the proposal for a regulation of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment)' AM\1172567EN.docx 117/123 PE632.154v01-00 EN (2) In Article 19(2) point e(ii) is amended as follows: (ii) the undertaking's exposure to price risk, credit risk, liquidity risk, cash flow risk and ESG risks. (3) In Article 20(1) point c is amended as follows: '(c) a description of the main features of the undertaking's internal control and risk management systems in relation to the financial and sustainability reporting process;' (4) In Article 20, paragraph 3 is amended as follows 'The statutory auditor or audit firm shall express an opinion in accordance with the second subparagraph of Article 34(1) regarding information prepared under points (c) and (d) of paragraph 1 of this Article and under Article 19(2)and shall check that the information referred to in points (a), (b), (e) and (f) of paragraph 1 of this Article has been provided.

Or. en

(https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32013L0034)

Amendment 647 Thomas Mann

Proposal for a regulation Article 18 – paragraph 2 – introductory part

Text proposed by the Commission Amendment

2. Articles 3 to 13 of this Regulation 2. Articles 3 to 13 of this Regulation shall apply: shall apply from 31 December 2022.

Or. de

Amendment 648 Thomas Mann

Proposal for a regulation Article 18 – paragraph 2 – point a PE632.154v01-00 118/123 AM\1172567EN.docx EN

Text proposed by the Commission Amendment

(a) in respect of the environmental deleted objectives referred to in points (1) and (2) of Article 5, from 1 July 2020;

Or. de

Amendment 649 Stefan Gehrold

Proposal for a regulation Article 18 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) in respect of the environmental deleted objectives referred to in points (1) and (2) of Article 5, from 1 July 2020;

Or. de

Amendment 650 Markus Ferber

Proposal for a regulation Article 18 – paragraph 2 – point a

Text proposed by the Commission Amendment

(a) in respect of the environmental (a) in respect of the environmental objectives referred to in points (1) and (2) objectives referred to in points (1) and (2) of Article 5, from 1 July 2020; of Article 5, from 1 July 2022;

Or. en

Amendment 651 Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 18 – paragraph 2 – point a

Text proposed by the Commission Amendment

AM\1172567EN.docx 119/123 PE632.154v01-00 EN (a) in respect of the environmental (a) in respect of the environmental objectives referred to in points (1) and (2) objectives referred to in points (1) and (2) of Article 5, from 1 July 2020; of Article 5, from 1 July 2025;

Or. en

Amendment 652 Stefan Gehrold

Proposal for a regulation Article 18 – paragraph 2 – point b

Text proposed by the Commission Amendment

(b) in respect of the environmental deleted objectives referred to in points (4) and (5) of Article 5, from 31 December 2021;

Or. de

Amendment 653 Thomas Mann

Proposal for a regulation Article 18 – paragraph 2 – point b

Text proposed by the Commission Amendment

(b) in respect of the environmental deleted objectives referred to in points (4) and (5) of Article 5, from 31 December 2021;

Or. de

Amendment 654 Markus Ferber

Proposal for a regulation Article 18 – paragraph 2 – point b

Text proposed by the Commission Amendment

(b) in respect of the environmental (b) in respect of the environmental objectives referred to in points (4) and (5) objectives referred to in points (4) and (5) of Article 5, from 31 December 2021; of Article 5, from 31 December 2023;

PE632.154v01-00 120/123 AM\1172567EN.docx EN Or. en

Amendment 655 Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 18 – paragraph 2 – point b

Text proposed by the Commission Amendment

(b) in respect of the environmental (b) in respect of the environmental objectives referred to in points (4) and (5) objectives referred to in points (4) and (5) of Article 5, from 31 December 2021; of Article 5, from 31 December 2026;

Or. en

Amendment 656 Thomas Mann

Proposal for a regulation Article 18 – paragraph 2 – point c

Text proposed by the Commission Amendment

(c) in respect of the environmental deleted objectives referred to in points (3) and (6) of Article 5, from 31 December 2022.

Or. de

Amendment 657 Elisabetta Gardini, Fulvio Martusciello, Alberto Cirio, Aldo Patriciello

Proposal for a regulation Article 18 – paragraph 2 – point c

Text proposed by the Commission Amendment

(c) in respect of the environmental (c) in respect of the environmental objectives referred to in points (3) and (6) objectives referred to in points (3) and (6) of Article 5, from 31 December 2022. of Article 5, from 31 December 2027.

Or. en

AM\1172567EN.docx 121/123 PE632.154v01-00 EN Amendment 658 Markus Ferber

Proposal for a regulation Article 18 – paragraph 2 – point c

Text proposed by the Commission Amendment

(c) in respect of the environmental (c) in respect of the environmental objectives referred to in points (3) and (6) objectives referred to in points (3) and (6) of Article 5, from 31 December 2022. of Article 5, from 31 December 2024.

Or. en

Amendment 659 Stefan Gehrold

Proposal for a regulation Article 18 – paragraph 2 – point c

Text proposed by the Commission Amendment

(c) in respect of the environmental (c) in respect of the environmental objectives referred to in points (3) and (6) objectives referred to in points (1) to (7) of of Article 5, from 31 December 2022. Article 5, from 31 December 2021.

Or. de

Amendment 660 Simona Bonafè, Paul Tang, Luigi Morgano, Pervenche Berès

Proposal for a regulation Article 18 – paragraph 2 – point c a (new)

Text proposed by the Commission Amendment

(c a) in respect of the social objectives referred to in point 7 of Article 5, from 31 December 2022.

Or. en

Amendment 661 Lieve Wierinck, Thierry Cornillet, Fredrick Federley, Caroline Nagtegaal

PE632.154v01-00 122/123 AM\1172567EN.docx EN Proposal for a regulation Article 18 – paragraph 2 a (new)

Text proposed by the Commission Amendment

2 a. This Regulation shall respect the principle of non-retroactivity and shall not apply to contracts concluded before date of entry into force of this Regulation, as established under paragraph 1 of this Article.

Or. en

Amendment 662 Gerben-Jan Gerbrandy, Carolina Punset, Sophia in 't Veld

Proposal for a regulation Article 18 – paragraph 2 a (new)

Text proposed by the Commission Amendment

2 a. This Regulation shall respect the principle of non-retroactivity and shall not apply to contracts concluded before date of entry into force of this Regulation, as established under paragraph 1 of this Article.

Or. en

AM\1172567EN.docx 123/123 PE632.154v01-00 EN