Cite the ID, not the phrase.

Why SPO providers use Act IDs

When reviewing a bond framework, SPO providers assess the activities an issuer proposes to finance. Each issuer describes activities in their own language, in ICMA GBP-style annex conventions that vary provider to provider. Without a shared reference, the same activity reviewed across dozens of opinions has dozens of different descriptions — and the citation goes stale the moment a referenced taxonomy revises.

Citing an ACT-ID in your opinion — alongside your own analysis — gives investors and data vendors a stable link between the issuer's description and a standard activity reference, one that keeps resolving correctly even after a taxonomy version changes. ACT-ID does not replace your review; it anchors what you've already judged.

Framework review

When reviewing eligible use-of-proceeds categories, identify the corresponding Act ID for each activity and include it in your annex or summary table. This makes the opinion easier to parse programmatically and clearer to read.

Consistency across opinions

Offshore wind reviewed for one issuer should be recognisably the same offshore wind reviewed for another. Act IDs make this explicit — the same activity gets the same identifier regardless of issuer language.

Clarity for investors

Investors consuming your opinions can use the Act IDs to tag holdings, build portfolio views, and compare allocations across issuers — without doing additional activity mapping of their own.

Provenance and source references

Each binding on an Act ID carries inline provenance — source document, page reference, authoring method, reviewer, and confidence — linking the classification back to the regulatory framework, taxonomy, or methodology it came from. Full change history is preserved. This supports your own analysis and can be cited in your methodology sections.