Financial institutions wanting to apply for the label for one or more of their products can contact the CLA at info@towardssustainability.be to receive the Application Package.
Application Package
The application package consists of:
- A document about the application and verification procedure, and the fee structure
- The application letter, including a list of required documents
- The conformity matrix, that should be completed for all products
- The base text of the Quality Standard and additional technical information
- The optional signatory commitment letter
Awarding cycles
Labels will be awarded 4 times per year and are valid for 1 year.
Each cycle consists of a 3-month application phase and a 3-month verification phase, after which a new batch of labels is awarded.
The cycles are as follows:
| Application phase | Application deadline | Verification phase | Labels awarded | Labels valid until | Renewal deadline | |
|---|---|---|---|---|---|---|
| Cycle 1 | 1/11 – 31/1 | 31/1 | 1/2 – 30/4 | May | May Y+1 | 31/1 Y+1 |
| Cycle 2 | 1/2 – 30/4 | 30/4 | 1/5 – 31/7 | August | August Y+1 | 30/4 Y+1 |
| Cycle 3 | 1/5 – 31/7 | 31/7 | 1/8 – 31/10 | November | November Y+1 | 31/7 Y+1 |
| Cycle 4 | 1/8 – 31/10 | 31/10 | 1/11 – 31/1 | February | Februari Y+1 | 31/10 Y+1 |
An initial cycle was organized in 2019, with labels awarded in 2 steps: November 2019 (application deadline 30/6/2019) and February 2020 (application deadline 15/11/2019).