Taxonomy discourages EPC labelling

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By Bill Thornhill
30 Mar 2021

Banks that avoid holding a record of a building’s Energy Performance Certificate in some countries are more likely to meet the standard needed to meet the European Commission’s final draft Taxonomy for Sustainable Activities, delegates at the IMN’s virtual covered bond conference heard on Tuesday.

The final draft of the Taxonomy said that a building constructed before December 31, 2020 must have a class ‘A’ or ‘B’ Energy Performance Certificate (EPC) that is no older than 12 months and demonstrates that the building’s energy performance falls within the top 15% of that country’s ...

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