- EBA published a Discussion Paper on Environmental ESG risks management and supervision aiming to collect feedback
- The Discussion Paper provides a comprehensive proposal on how ESG factors and ESG risks could be included in the regulatory
- The main focus of the Discussion Paper on the risks to which institutions exposed via the impact of ESG factors on their counterparties
- The Paper provides details on the risks stemming from environmental factors, especially climate change, and illustrates ongoing initiatives
- The EBA sees the need for enhancing the incorporation of ESG risks into institutions’ business strategies
- Discussion Paper proposes to enhance the existing supervisory reviews with ESG factors
European Banking Authority: Embarks on ESG risk consultation
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