BM Certification Officially Recognized as an ESMA External Reviewer Under EU Green Bond Regulation
BM Certification is proud to announce that we are listed as an external reviewer by the European Securities and Markets Authority (ESMA) under the EU Green Bond Regulation’s transitional period.
With this recognition, BM Certification is authorized to validate and verify green bond frameworks and issuances, providing the assurance that investors and stakeholders demand.
The Role of External Reviewers in European Green Bonds
External reviewers play a critical role in the European Green Bond ecosystem by providing an independent opinion on whether an issuer complies with the Taxonomy requirements of the European Green Bonds Regulation. ESMA acts as the direct supervisor of external reviewers within the EU, under Regulation (EU) 2023/2631 (‘European Green Bonds Regulation’). This ensures that green bonds meet the highest standards of transparency and environmental integrity.
From 21 December 2024 until 21 June 2026, there will be a transitional period during which firms can provide external review services for EU Green Bonds under the EU Green Bond Regulation (EU) 2023/2631. During this time, firms may offer these services after notifying ESMA and submitting the required information as outlined in Article 23(1) of the regulation. BM Certification is fully prepared to deliver these critical services during this transitional phase, ensuring compliance and reliability for issuers and investors alike.
Green bonds are a powerful tool for financing sustainable projects, but their effectiveness depends heavily on the confidence of investors and the broader market. Our role as an ESMA external reviewer ensures that green bonds issued under the EU Green Bond Regulation meet the highest standards of transparency, reliability, and environmental integrity. By conducting thorough assessments, we help ensure that issuers align with the regulation’s stringent requirements, bolstering trust in the green bond market.
We look forward to collaborating with green bond issuers and stakeholders as we continue to shape a sustainable future together. If you’re ready to take the next step in green bond issuance, BM Certification is here to provide the expertise and assurance you need to succeed under the EU Green Bond Regulation.
For more information about our external review services, please contact us.