ECBC takes ESG covered bond transparency to a new height

By Bill Thornhill
16 Sep 2020

The burgeoning €30bn market for sustainable covered bond financing received another boost last week after the European Covered Bond Council formally adopted environmental, social and governance (ESG) transparency enhancements to its Harmonised Transparency Template (HTT) that go well beyond what issuers currently disclose and should improve investors’ ability to compare deals.

Following a global annual review, the updated HTT was approved during the covered bond label committee meeting on September 8. On this occasion the annual review of the HTT was more ambitious than in recent years, as it included a new data section on ESG factors, with a ...

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