The Objectives

Regulatory alignment

To maximise regulatory alignment with the main legal and policy developments such as the EU Taxonomy, Mortgage Credit Directive, CRR or equivalents at international level.

Improve awareness of EE

To establish the benchmark for Energy Efficient Mortgages (EEM) for a global audience (following the lead of the Covered Bond Label)

Asset Resilience

To provide more information on the portfolios of energy efficient loans as assets to be included in green covered bonds

To provide better evaluation of financial performance relative to inefficient alternatives

To improve the tracking of EEM performance


To allow easier access to energy efficiency financing, green bond markets, better tracking of EEM performance and to provide greater transparency regarding climate risks and portfolio resilience.

To adopt disclosure best practices (Harmonised Disclosure Template)