Consistent activity references across every transaction

Why banks use Act IDs

Banks working on labelled bond transactions see the same underlying activities described differently by every issuer. This creates internal mapping overhead on every deal and makes it difficult to build reliable cross-transaction comparisons or internal portfolio views.

Recommending Act IDs to issuers — or referencing them in your own internal documentation — gives your team a shared, stable reference that works across transactions, issuers, and time.

Structuring and documentation

When drafting framework documentation or advising on use-of-proceeds categories, reference Act IDs alongside the issuer's own activity descriptions. This anchors documentation to a standard that SPO providers and investors can work with directly.

Internal mapping and classification

Use Act IDs as the internal reference key for activity classification across your labelled bond portfolio. Instead of maintaining bespoke mapping tables for each issuer, your team maps each issuer's categories to Act IDs once — then reuse those mappings across transactions.

Comparability across transactions

When the same Act ID appears across multiple transactions, comparison is immediate. No need to manually interpret whether "offshore wind generation" and "offshore wind farm construction" refer to the same activity.

Investor and SPO communication

Investors and SPO providers increasingly want to reference financed activities precisely. Using Act IDs in your documentation bridges the gap between issuer descriptions and the reference frameworks used by the buy side and verification community.