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... including to set up a risk monitoring framework and to contribute to the European Commission’s Strategy for financing the transition to a sustainable economy.
The collection is temporary and will be discontinued once a supervisory reporting framework on ESG risks will be in place.
The European Banking Authority (EBA) published today the Decision on an ad hoc data collection of institutions’ ESG data. The Decision will provide competent authorities and the EBA with the necessary data and tools to fulfifulfillr monitoring functions and ESG-related mandates by collecting the information that is already available to institutions as part of their Pillar 3 disclosure obligations with respect to ESG risks.
Decision on institutions ESG data ad-hoc collection