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Level(s) cited in EU legislation for the first time

Legislation featuring performance criteria to help the built environment sector reduce the whole-life carbon impact of new buildings has been approved by the European Commission. The criteria for new buildings also cite Level(s) as a tool to support companies and other stakeholders to track performance in this area. The technical screening criteria for new buildings are part of the EU Taxonomy Climate Delegated Act, which guides sustainable investments by highlighting economic activities that support the EU’s environmental objectives. As part of the provisions, developers of properties larger than 5 000 square metres will need to calculate the building's lifecycle global warming potential (whole-life carbon) and disclose their findings to investors and clients.

date:  10/06/2021

The Act is part of an ambitious Sustainable Finance and EU Taxonomy package, covering many sectors. It supports the European Green Deal's goal to make the EU climate-neutral by 2050. Read the full press release on the Sustainable Finance and EU Taxonomy package.