Webinar 2:Fabrizio
Varriale
RICS

UrsulaHartenberger
RICS

Sean Kidney
Climate Bonds

Thursday2nd April
15:00 CEST (14:00 BST)

Thresholds
1. Ownership or acquisition: Energy performance is in top 15% of similar stock
Applies only to buildings built before 2021
Large non-residential buildings have to also have dedicated energy management systems

2. Renovations: Delivers 30% energy savings
Or, the renovation complies with the relevant ‘major renovation’ requirements EPBD

3. Newbuild: Near-Zero-Energy-Building (NZEB), less 20%
The net primary energy demand of new construction must be at least 20% lower than the primary energy demand
resulting from the relevant NZEB requirements that are mandatory in Europe from 2021

Thresholds for embodied carbon to be defined by mid-2020s, methodology based on EN 15978

Individual measures & professional services

Fabrizio Varriale, RICS, 27-3-2020
fvarriale@rics.org

ExamplesAdding insulation; replacing windows or doors with new energy efficient ones.
Installing of low-flow kitchen in top two categories of the EU Water Label scheme.
Installing efficient LED lighting, zoned thermostats, smart thermostat systems and sensoring equipment.
Building Management Systems and Energy Management Systems.
Charging stations for electric vehicles.
Smart meters for gas and electricity.
Solar PV, solar hot water, wind turbines, electric energy storage units
Installation and upgrade of heat pumps
Installation and replacement of HVAC and domestic hot water systems.
Replacement of old pumps with efficient circulating pumps
Technical consultations linked to individual measures; energy audits; building performance assessments.
Energy Management Services, energy performance contracts, or energy Services provided by ESCOs

Do No Significant Harm (DNSH) requirements
Ownership

Renovations

Newbuild*Min. 80% of non-hazardous C&D waste diverted from landfill*aa*No asbestos

aaa*Site has to be checked to make sure it isn’t contaminated. If itis, an assessment is needed that meets national methodology

a*Non-road mobile machinery used in construction process(covered by regulatory requirements in EU)*No building in protected natural areas or land of recognised
high biodiversity valueaa

Top 2 classes of EU Water label for new water appliances
Timber products: at least 80% certified FSC or PEFC
(Reducing material physical climate risks)

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Download the report
PROVISIONAL UNTIL PUBLISHED.
NOT FOR CITATION

https://ec.europa.eu/info/publications/sustainable-finance-teg-taxonomy_en

Summary Report§ Key concepts§ Guidance for investors and companies
P O I IONALN IL P BLI HEDNO FO FHE CI A ION

Technical Annex§ Detailed criteria with detailed rationale§ Mitigation + Adaptation + DNSH
Taxonomy spreadsheet§ Criteria in summary form
§ Tables for economic classification
systems

Taxonomy: Final report of the Technical Expert
Group on Sustainable FinanceMarch 2020

U da ede h d l g & U da ed Tech ical Sc ee i g C i e ia
M- 1-2020

Download the reporthttps://ec.europa.eu/info/publications/sustainable-finance-teg-taxonomy_en

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