EU Paris-aligned Benchmark

Defined in Article 3, Benchmark Regulation (BMR)

Definitions over time (1)

1. 10/12/2019 – today applies on 12/11/2026 Article 3, Benchmark Regulation (BMR) Scope: Whole act

   For the purposes of this Regulation, the following definitions apply:

   ‘EU Paris-aligned Benchmark’ means a benchmark which is labelled as an EU Paris-aligned Benchmark and fulfils the following requirements: for the purposes of point 1(b)(ii) of this paragraph and of the delegated act referred to in Article 19c, its underlying assets are selected, weighted or excluded in such a manner that the resulting benchmark portfolio’s carbon emissions are aligned with the objectives of the Paris Agreement adopted under the United Nations Framework Convention on Climate Change, approved by the Union on 5 October 2016 (^{7}) (the ‘Paris Agreement’); it is constructed in accordance with the minimum standards laid down in the delegated acts referred to in Article 19a(2); and the activities relating to its underlying assets do not significantly harm other environmental, social and governance (ESG) objectives;

Used in (32 places in 13 provisions on 12/11/2026)

Benchmark Regulation (BMR) (32 in 13)

Article 2 · Article 3² · Article 19a⁶ · Article 19c · Article 27 · Article 29⁴ · Article 32² · Article 34² · Article 36 · Article 41² · Article 51⁴ · Article 54 · Annex III⁵