EBA seeks input on ESG Disclosure Practices
The European Banking Authority (EBA) has released a survey designed to inform sustainable finance policy development.
EBA is seeking input from large credit institutions who will be required to disclose data on their environmental, social and governance (ESG) risks. They are looking for firms’ current ESG disclosure practices, metrics and classifications used, and future plans regarding Pillar 3 disclosures.
The survey results will feed into EBA’s work developing draft Implementing Technical Standards (ITS) for Pillar 3 disclosure of ESG risk. They will also be used to monitor short term expectations specified in the EBA Action Plan on Sustainable Finance.
Responses can be submitted online before 16 October 2020.
Read more and respond here.