Charting the Future: EBA's Consultation on ESG Risk Management

The European Banking Authority (EBA) is leading the way with guidelines for ESG risk management in financial institutions. Integrating ESG risks into overall risk management, institutions are urged to craft strong approaches for short, medium, and long-term risk mitigation. Monitoring ESG risks is pivotal, with a focus on effective reporting frameworks and prudential plans that align with regulatory ESG objectives. Join the ongoing public consultation; finalization is slated for the end of 2024.

In this alert, you will read more about EBA's approach on ESG Risk Management.