+Article 12 European Green Bond impact report
---+Article 12 1.
---+Article 12 2.
---+Article 12 3.

Article 12 European Green Bond impact report

1. Overview

Summary	Regulation
Article 12 1.	Issuers of European Green Bonds shall, after the full allocation of the proceeds and at least once during the lifetime of those bonds, draw up and make public a European Green Bond impact report on the environmental impact of the use of the bond proceeds, using the template set out in Annex III.
Article 12 2.	The European Green Bond impact report may relate to more than one issuance of European Green Bonds.
Article 12 3.	Issuers of European Green Bonds may seek a review by an external reviewer of the impact report. Such impact report reviews shall contain the following: (a) an assessment of whether the bond issuance aligns with the broader environmental strategy of the issuer; (b) an assessment of the indicated environmental impact of the bond proceeds; (c) the elements set out in Annex IV.

Requirements
Source	Requirement

Standards
Source	Requirement

Builddate: 09.01.2024 00:00:00 -Doknr: CELEX:32023R2631
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