On 29 August 2025, ENGAGE for ESG published a report which looks back on the journey of the project, presenting the results of the initiative, the main lessons learnt, and the recommendations drawn by the ENGAGE consortium for the future.
Since the project’s creation in November 2022, the ENGAGE Consortium has focused on developing standardised data disclosure templates and taxonomies for mortgage and home renovation loans in line with the most relevant European regulations, starting with the EU Taxonomy Regulation.
With the aim of minimising the reporting burden for financial institutions under the EU Taxonomy framework, the ENGAGE Templates 1.1 were released in August 2024, version 1.2 of the Templates will be released shortly. Since March 2025, the ENGAGE Templates have been operationalised through a dedicated IT infrastructure, the ENGAGE Portal. Together, the two ENGAGE solutions play a crucial role in the current regulatory environment, particularly in helping lending institutions comply with disclosure obligations.
The Report presents a summary of the path travelled by the ENGAGE Consortium from November 2022, including:
the technical and non-technical results achieved by the ENGAGE initiative
Reflections on the lessons learnt
the Consortium’s recommendations for the future
To download the full paper, please click below
To achieve the proposed 55% emission reduction climate target by 2030, around EUR 275 billion of additional investments are needed per year.
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