Strengths: Verd demonstrates awareness of climate concerns. While its sustainability strategy is in a nascent phase, we view positively that Verd is considering how it can better incorporate climate risk screening when deciding on which mortgages to purchase. Weaknesses: Eligibility requirements for green buildings do not exceed the regulatory minimum, except for buildings built after 2021. Buildings to be financed must be energy efficient compared with the stock of national buildings. However, the eligibility criteria fall short of representing significant steps toward a low carbon, climate resilient future.