The ENGAGE for ESG Templates for Mortgages & Home Renovation Loans
The ENGAGE Templates are an industry-developed reporting standard for compliance with the main EU sustainability disclosure requirements related to residential real estate financing, starting with the Taxonomy Regulation.
The ENGAGE Templates are based on the ESMA templates under Regulation (EU) 2017/2402 (Securitisation Regulation) and aim to provide a one-size-fits-all solution for lending institutions to meet the EU sustainability transparency requirements in a consistent and harmonised way.
Ensuring Compatibility with Evolving Green Standards
The ENGAGE Templates can be used for a portfolio of loans, for a specific funding structure or for an unsecured green bond transaction. The Templates are also suitable for covered bond assets.
Fields in the ENGAGE Templates are based on specific alignment checks with the relevant section(s) of Annex I of the Climate Delegated Act. Where information is not available, the ENGAGE Templates provide with the possibility to use “no data” options.
The ENGAGE Consortium reviews the ENGAGE taxonomy and data fields on a regular basis to incorporate improvements and finetune the requirements.
Book a
One-to-One
Demo of the ENGAGE Templates
Become an ENGAGE Trial User
To receive the ENGAGE Templates, lending institutions are required to complete a simple access request form available via the ENGAGE for ESG website. Once the request is processed, the applicant will receive the Templates and supporting documentation via email.
In a 30-minute meeting, the ENGAGE Team will walk you through the nuances of the ENGAGE Templates and demonstrate how they will help lending institutions identify the relevant climate-related data to align their mortgages and home renovation loans with the EU Taxonomy in line with the Technical Screening Criteria of the Climate Delegated Act for the economic activities of acquisition and ownership and renovation of real estate.
Sign the ENGAGE agreement to receive the sample data submission files. A specific legal framework has been prepared for the safe and lawful processing of data.
Complete the ENGAGE Templates and submit your mortgage sample file to the ENGAGE Portal.
Receive the ENGAGE report on EU Taxonomy compliance.
Join other European Lending Institutions in Testing the Templates
Version 1.1 of the ENGAGE Templates is available to all EU lending institutions and investors to explore and test.
The Templates cover the data fields necessary to align mortgage loans with the substantial contribution criteria for climate change mitigation and the do no significant harm principle of the Climate Delegated Act, as well as with the minimum safeguards.
UCI and NN Bank, ENGAGE Pilot Partners, submitted their first data samples via the ENGAGE Templates during Q3 2024 and regularly present their experiences in using the Templates and Portal at ENGAGE webinars and events.
For more information on the next webinar session, visit our events page.