ESG In The Banking Sector – Additional Guidelines On Managing ESG Risks

On 9 January 2025, the EBA published its final report on guidelines on the management of Environmental, Social and Governance (ESG) risks, which specify how to identify, measure, manage and monitor ESG risks and detail the content of the transition plans to be prepared in accordance with CRD VI. On 16 January 2025, the EBA further launched a public consultation on its draft Guidelines on Environmental, Social and Governance (ESG) scenario analysis, focusing on the importance of scenario analysis for fostering institutions' resilience against environmental risks.

Background

On 9 January 2025, the European Banking Authority (EBA) published its Final Report on guidelines on the management of environmental, social and governance (ESG) risks (Risk Guidelines).