Commission Delegated Regulation (EU) 2025/422 of 17 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the content, methodologies and presentation of information in respect of sustainability indicators in relation to adverse impacts on the climate and other environment-related adverse impacts
Definitions
For the purposes of this Regulation, the following definitions apply:
(a)
‘incentive structure’ means the set of incentives and penalties established as part of a consensus mechanism to economically incentivise distributed ledger technology (DLT) network nodes to cooperate in applying the rules and procedures of the consensus mechanism for the purpose of validating transactions in crypto-assets;
(b)
‘greenhouse gas (GHG) emissions’ means emissions of gases listed in Part 2 of Annex V to Regulation (EU) 2018/1999 of the European Parliament and of the Council ( 5 ) expressed in tonnes of CO 2 -equivalent;
(c)
‘climate and other environment-related indicators’ means the indicators listed in the section ‘Mandatory key indicator on energy consumption’ of Table 2 of the Annex, in the section ‘Supplementary key indicators on energy and GHG emissions’ of Table 3 of the Annex, and in the section ‘Optional indicators’ of Table 4 of the Annex;
(d)
‘scope 1 DLT GHG emissions’ means greenhouse gas (GHG) emissions generated from sources that are controlled by the distributed ledger technology (DLT) network nodes using the consensus mechanism;
(e)
‘scope 2 DLT GHG emissions’ means GHG emissions from the consumption of purchased electricity, steam, or other sources of energy generated upstream from the DLT network nodes using the consensus mechanism;
(f)
‘scope 3 DLT GHG emissions’ means all indirect, upstream and downstream GHG emissions not covered by points (d) and (e) that occur in the value chain of the DLT network nodes using the consensus mechanism;
(g)
‘energy from renewable sources’ or ‘renewable energy’ means energy from renewable sources or renewable energy as defined in Article 2, point (1), of Directive (EU) 2018/2001 of the European Parliament and of the Council ( 6 ) ;
(h)
‘waste’ means waste as defined in Article 2, point (23), of Directive (EU) 2018/2001;
(i)
‘waste electrical and electronic equipment’ (‘WEEE’) means waste electrical or electronic equipment as defined in Article 3(1), point (e), of Directive 2012/19/EU of the European Parliament and of the Council ( 7 ) ;
(j)
‘non-recycled waste’ means any waste not recycled within the meaning of ‘recycling’ in Article 3, point 17, of Directive 2008/98/EC of the European Parliament and of the Council ( 8 ) ;
(k)
‘hazardous waste’ means hazardous waste as defined in Article 3, point 2, of Directive 2008/98/EC;
(l)
‘natural resources’ means natural resources as defined in Table 2 of Annex II to the Delegated Regulation (EU) 2023/2772.
Presentation of information in the crypto-asset white papers
1. Information in crypto-asset white papers, referred to in Article 6(1), first subparagraph, point (j), Article 19(1), first subparagraph, point (h), or Article 51(1), first subparagraph, point (g), of Regulation (EU) 2023/1114, shall be reviewed and updated on a regular basis.
2. Where the information referred to in paragraph 1 can be found in other crypto-asset white papers for crypto-assets issued via the same consensus mechanism, this information may be obtained from those other crypto-asset white papers.
General principles for the presentation of information by crypto-asset service providers
1. The following requirements shall apply to information that crypto-asset service providers are to make publicly available on their website in accordance with Article 66(5) of Regulation (EU) 2023/1114:
(a)
the information shall be made available free of charge;
(b)
it shall be in form of a downloadable file and presented in a way that is easy to read, with characters of readable size and a style of writing that facilitates its understanding and that facilitates comparisons between the information relating to each of the crypto-assets in relation to which the crypto-asset service provider provides services.
2. Crypto-asset service providers shall review and update the information referred to in paragraph 1 on a regular basis, at least annually. In case of material changes, the information shall be updated without undue delay and accompanied by clear indications of the changes made. The date of publication of the information and the date of the latest review or update shall be clearly indicated on the website of the crypto-asset service providers.
3. Information referred to in paragraph 1 shall be made available in at least one of the official languages of the home Member State of the crypto-asset service provider, or in a language customary in the sphere of international finance.
Where the crypto-asset service provider is providing crypto-asset services with respect to a specific crypto-asset in a Member State other than its home Member State, the information referred to in paragraph 1 for that crypto-asset shall also be made available in an official language of that host Member State or in a language customary in the sphere of international finance.
Information to be included in the crypto-asset white papers
1. Persons drawing up the crypto-asset white papers referred to in Articles 6, 19 or 51 of Regulation (EU) 2023/1114 shall provide in those white papers the information referred to in Article 6(1), first subparagraph, point (j), Article 19(1), first subparagraph, point (h), and Article 51(1), first subparagraph, point (g), of Regulation (EU) 2023/1114, as set out in Table 2 of the Annex, in the format set out therein.
2. The persons referred to in paragraph 1 shall also provide in the white paper the information set out in Table 3 of the Annex, in the format set out therein, where the yearly energy consumption as reported in Table 2, field S.8, of that Annex exceeds 500 000 kilowatt-hours.
Where the condition laid down in the first subparagraph is not met, the persons referred to in paragraph 1 may provide in the white paper information on one or more of the supplementary indicators listed in Table 3 of the Annex in the format of the templates set out therein. When such information is included, the corresponding information on sources and methodologies referred to in that Table shall also be provided.
3. The persons referred to in paragraph 1 may provide in the white paper information on one or more of the indicators listed in Table 4 of the Annex, in the format set out therein. When such information is included, the corresponding information on sources and methodologies, referred to in that Table, shall also be provided.
Information to be included on the websites of crypto-assets service providers
1. Crypto-asset service providers shall, in accordance with Article 66(5) of Regulation (EU) 2023/1114, make publicly available on their website the information set out in Table 2 of the Annex, in the format set out therein.
2. Crypto-asset service providers shall, in accordance with Article 66(5) of Regulation (EU) 2023/1114, make publicly available on their website the information set out in Table 3 of the Annex, in the format set out therein, where both of the following conditions are met:
(a)
the crypto-asset service provider provides one or more of the services referred to in Article 3(1) (16), points (b), (c) and (d), of Regulation (EU) 2023/1114;
(b)
the yearly energy consumption as reported Table 2, field S.8, of the Annex exceeds 500 000 kilowatt-hours.
Where the conditions laid down in the first subparagraph are not met, the crypto-asset service provider may provide on their website information on one or more of the supplementary indicators referred to in Table 3 of the Annex in the format set out therein. When such information is provided, the corresponding information on sources and methodologies referred to in that Table shall also be provided.
3. Crypto-asset service providers may, in accordance with Article 66(5) of Regulation (EU) 2023/1114, make publicly available on their website, the information on one or more of the optional indicators referred to in Table 4 of the Annex, in the format set out therein. When such information is provided, the corresponding information on sources and methodologies referred to in that Table shall also be provided.
Rules on the disclosures
1. Persons drawing up the crypto-asset white papers referred to in Articles 6, 19 and 51 of Regulation (EU) 2023/1114 and crypto-asset service providers shall disclose in the section ‘General information’ in Table 2 of the Annex all of the following information:
(a)
the name and the legal entity identifier of the person drawing up the crypto-asset white paper or crypto-asset service provider as reported, respectively pursuant to Commission Implementing Regulation (EU) 2024/2984 ( 9 ) or to the Commission Delegated Regulation (EU) 2025/305 ( 10 ) ;
(b)
information on the features of the consensus mechanisms used for the validation of transactions and for the maintenance of the integrity of the distributed ledger, of transactions and the incentive structure as reported pursuant to Implementing Regulation (EU) 2024/2984;
(c)
the reference period of the statement, and the period for which estimates are used.
2. Where, pursuant to Article 2(2), persons drawing up crypto-asset white papers use information obtained from other crypto-asset white papers in order to comply with Article 4 they shall provide the name and relevant identifier of the person drawing up that other crypto-asset white paper in the section on ‘Sources and methodologies’ of the relevant Table of the Annex.
3. Where, pursuant to Article 66(5) of Regulation (EU) 2023/1114, crypto-asset service providers use information obtained from crypto-asset white papers in order to comply with Article 5, they shall provide the name and relevant identifier of the person drawing up that white paper in the section on ‘Sources and methodologies’ of the relevant Table of the Annex.
4. Where the information referred to in Tables 2, 3 or 4 of the Annex was subject to a verification by one or more third parties, the names of those third parties shall be indicated in the section on ‘Sources and methodologies’ of the relevant Table of the Annex.
5. The methodologies used to calculate the climate and other environment-related indicators shall be rigorous, systematic, objective, capable of validation and applied continuously.
The information referred to in Table 2, field S.8, Table 3, fields S.10 and S.11, and Table 4, fields S.17 and S.18, of the Annex shall be calculated in accordance with the calculation guidance in point AR 32 of Appendix A to the ESRS E1 in Annex I to Delegated Regulation (EU) 2023/2772.
The information referred to in Table 3, fields S.12, S.13 and S.14, and Table 4, fields S.19, S.20 and S.21, of the Annex shall be calculated in accordance with the calculation guidance in points AR 39, 43, 45, 46 and 47 of Appendix A to the ESRS E1 in Annex I of Delegated Regulation (EU) 2023/2772.
6. Where DLT network nodes use mechanisms to off-set their energy consumption and GHG emissions, the use of these mechanisms may be separately disclosed in the section ‘Sources and methodologies’ of Tables 2, 3 and 4 of the Annex. The effect of such off-setting mechanisms shall not be taken into account when calculating the climate and other environment-related indicators.
7. Where information relating to the climate and other environment-related indicators is not readily available, the information referred to in Article 6(1), first subparagraph, point (j), Article 19(1), first subparagraph, point (h), Article 51(1), point (g), or Article 66(5) of Regulation (EU) 2023/1114 shall contain estimates, together with details of the best efforts used to obtain that information, including by conducting additional research, cooperating with third party data providers or external experts or making reasonable assumptions.
Those details shall be indicated in the section on ‘Sources and methodologies’ of Tables 2, 3 and 4 of the Annex and shall include:
(a)
the fact that estimates have been used and a clear indication of which sustainability indicators are provided based on estimates;
(b)
the methodology used to calculate the climate and other environment-related indicators, including a description of deviations from the calculation guidance referred to in paragraph 5, second and third subparagraphs, an explanation of the reasons for such deviations, and the main assumptions and precautionary principles underlying those estimates.
8. In the section on ‘Sources and methodologies’ of Tables 2, 3 and 4 of the Annex the following information may be provided:
(a)
the methodology to estimate missing, unreported, or underreported metrics;
(b)
the external datasets used in the estimation of missing, unreported or underreported metrics;
(c)
the name and a hyperlink to the website of the external provider of the data on which the estimates are based, where relevant; and
(d)
the methodology used to offset their energy consumption in accordance with paragraph 6, where relevant.
Where any information referred to in points (a) to (d) is not provided, it shall be indicated in a clear manner that that information is not included.
Entry into force
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union .
Supplementary provisions
Template for the presentation of the information on principal adverse impacts on the climate and other environment-related adverse impacts in the crypto-asset white paper and on the website of a crypto-asset service provider
ANNEXSupplementary provisions
ANNEX
Template for the presentation of the information on principal adverse impacts on the climate and other environment-related adverse impacts in the crypto-asset white paper and on the website of a crypto-asset service provider
Table 1
Legend for Tables 2, 3 and 4
Symbol
Data type
Definition
{DATEFORMAT}
ISO 8601 date format
Dates shall be indicated in the following format: YYYY-MM-DD.
{DECIMAL-n/m}
Decimal number of up to n digits in total of which up to m digits can be fraction digits
Numerical field for both positive and negative values.
Decimal separator is ‘.’ (full stop);
Negative numbers are prefixed with ‘-’ (minus);
Values are rounded and not truncated.
Table 2
Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
N
Field
Content to be reported
Format and standards to be used
General information
S.1
Name
Name reported in Annex II to Commission Implementing Regulation (EU) 2024/2984 ( 1 ) , Table 2, fields A.1, B.2 or C.1, Table 3, field A.1, or Table 4, or name of the crypto-asset service provider
Free alphanumerical text
S.2
Relevant legal entity identifier
Identifier referred to in Annex II to Implementing Regulation (EU) 2024/2984, Table 2, fields A.6 or A.7, B.7 or B.8 or C.6 or C.7, Table 3, fields A.7 and A.8 or Table 4, fields A.7 and A.8 or identifier of the crypto-asset service provider referred to in Article 1 of Commission Delegated Regulation (EU) 2025/305 ( 2 )
Free alphanumerical text
S.3
Name of the crypto-asset
Name of the crypto-asset, as reported in Annex II to Implementing Regulation (EU) 2024/2984, Table 2, field D.2, Table 3, field B.1, or Table 4, field B.1 where relevant
Free alphanumerical text
S.4
Consensus Mechanism
The consensus mechanism, as reported in Annex II to Implementing Regulation (EU) 2024/2984, Table 2, field H.4, Table 3, field E.4, or Table 4, field E.5, where relevant, including the information referred to in Article 6(1), point (b), of this Regulation.
Free alphanumerical text
S.5
Incentive Mechanisms and Applicable Fees
Incentive mechanisms to secure transactions and any fees applicable, as reported in Annex II to Implementing Regulation (EU) 2024/2984, Table 2, field H.5, Table 3, field E.5 or Table 4, field E.6, where relevant.
For persons drawing up a crypto-asset white paper pursuant to Articles 6, 19 or 51 of Regulation (EU) 2023/1114, the information may be provided by including a cross-reference to the aforementioned fields.
Free alphanumerical text
S.6
Beginning of the period to which the disclosed information relates
Start date of the period covered by the disclosed information
{DATEFORMAT}
S.7
End of the period to which the disclosed information relates
End date of the period covered by the disclosed information
{DATEFORMAT}
Mandatory key indicator on energy consumption
S.8
Energy consumption
Total amount of energy used for the validation of transactions and the maintenance of the integrity of the distributed ledger, expressed in kilowatt-hours per calendar year
Amount in kilowatt-hours (kWh) {DECIMAL-18/5}
Sources and methodologies
S.9
Energy consumption sources and methodologies
Sources and methodologies used in relation to the information reported in field S.8
Free alphanumerical text
Table 3
Supplementary information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
N
Field
Content to be reported
Format and standards to be used
Supplementary key indicators on energy and GHG emissions
S.10
Renewable energy consumption
Share of energy from renewable sources, used for the validation of transactions and the maintenance of the integrity of the distributed ledger, expressed as a percentage of the total amount of energy used per calendar year
Percentage {DECIMAL-11/10}
S.11
Energy intensity
Average amount of energy used per validated transaction
Amount in kWh {DECIMAL-18/5}
S.12
Scope 1 DLT GHG emissions – Controlled
Scope 1 GHG emissions per calendar year for the validation of transactions and the maintenance of the integrity of the distributed ledger
Amount in tonnes (t) carbon dioxide equivalent (CO 2 e) {DECIMAL-18/5}
S.13
Scope 2 DLT GHG emissions – Purchased
Scope 2 GHG emissions, expressed in tCO 2 e per calendar year for the validation of transactions and the maintenance of the integrity of the distributed ledger
Amount in tCO 2 e {DECIMAL-18/5}
S.14
GHG intensity
Average GHG emissions (scope 1 and scope 2) per validated transaction
Amount in kilogram (kg) CO 2 e (Tx) {DECIMAL-18/5}
Sources and methodologies
S.15
Key energy sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.10 and S.11
Free alphanumerical text
S.16
Key GHG sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.12, S.13 and S.14
Free alphanumerical text
Table 4
Optional information on principal adverse impacts on the climate and on other environment-related adverse impacts of the consensus mechanism
N
Field
Content to be reported
Format and standards to be used
Optional indicators
S.17
Energy mix
Description of the relative contributions of each different primary energy source used for the validation of transactions and the maintenance of the integrity of the distributed ledger, expressed as percentages
Percentage {DECIMAL-11/10}
S.18
Energy use reduction
Energy use reduction targets or commitments, expressed in absolute or relative reduction of energy use over one calendar year
Amount in kWh {DECIMAL-18/5} or Percentage {DECIMAL-11/10}
S.19
Carbon intensity
Carbon intensity of the energy used for the validation of transactions and the maintenance of the integrity of the distributed ledger
Amount in kgCO 2 e per kWh {DECIMAL-18/5}
S.20
Scope 3 DLT GHG emissions – Value chain
Scope 3 GHG emissions for the validation of transactions and the maintenance of the integrity of the distributed ledger per calendar year
Amount in tCO 2 e {DECIMAL-18/5}
S.21
GHG emissions reduction targets or commitments
GHG emissions reduction targets or commitments, expressed in terms of absolute or relative reduction in GHG emissions over one calendar year
Free alphanumerical text
S.22
Generation of waste electrical and electronic equipment (WEEE)
Total amount of WEEE generated for the validation of transactions and the maintenance of the integrity of the distributed ledger per calendar year
Amount in t {DECIMAL-18/5}
S.23
Non-recycled WEEE ratio
Share of the total amount of WEEE generated for the validation of transactions and the maintenance of the integrity of the distributed ledger, not recycled per calendar year
Percentage {DECIMAL-11/10}
S.24
Generation of hazardous waste
Total amount of hazardous waste generated for the validation of transactions and the maintenance of the integrity of the distributed ledger per calendar year
Amount in t {DECIMAL-18/5}
S.25
Generation of waste (all types)
Total amount of waste generated by the validation of transactions and the maintenance of the integrity of the distributed ledger
Amount in t {DECIMAL-18/5}
S.26
Non-recycled waste ratio (all types)
Share of the total amount of waste generated for the validation of transactions and the maintenance of the integrity of the distributed ledger not recycled per calendar year
Percentage {DECIMAL-11/10}
S.27
Waste intensity (all types)
Total amount of waste generated per transaction validated
Amount in grams (g) per Tx {DECIMAL-18/5}
S.28
Waste reduction targets or commitments (all types)
Waste reduction targets or commitments, expressed in absolute or relative reduction in waste generation over one calendar year
Free alphanumerical text
S.29
Impact of the use of equipment on natural resources
Description of the impact on natural resources of the production, the use and the disposal of the devices of the DLT network nodes
Free alphanumerical text
S.30
Natural resources use reduction targets or commitments
Natural resources use reduction targets or commitments, expressed in absolute or relative reduction in use of natural resources over one calendar year
Free alphanumerical text
S.31
Water use
Total water consumption linked to the validation of transactions and the maintenance of the integrity of the distributed ledger, expressed in cubic meters
Amount in cubic meters {DECIMAL-18/5}
S.32
Non recycled water ratio
Share of the total water consumed not recycled and not reused linked to the validation of transactions and the maintenance of the integrity of the distributed ledger per calendar year, expressed as a percentage
Percentage {DECIMAL-11/10}
Sources and methodologies
S.33
Other energy sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.17 and S.18
Free alphanumerical text
S.34
Other GHG sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.19, S.20 and S.21
Free alphanumerical text
S.35
Waste sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.22, S.23, S.24, S.25, S.26, S.27 and S.28
Free alphanumerical text
S.36
Natural resources sources and methodologies
Sources and methodologies used in relation to the information reported in fields S.29, S.30, S.31 and S.32
Free alphanumerical text
( 1 ) Commisssion Implementing Regulation (EU) 2024/2984 of 29 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to forms, formats and templates for the crypto-asset white papers ( OJ L, 2024/2984, 3.12.2024, ELI: http://data.europa.eu/eli/reg_impl/2024/2984/oj ).
( 2 ) Commission Delegated Regulation (EU) 2025/305 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be included in an application for authorisation as a crypto-asset service provider ( OJ L, 2025/305, 31.3.2025, ELI: http://data.europa.eu/eli/reg_del/2025/305/oj ).
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
