The European banking sector is recognising the need to transition to a more sustainable economy and mitigate climate change risks. This is being driven by a combination of regulatory pressure, investor demand and the need to manage reputational risks. The European Banking Authority has been playing a crucial role in supporting these efforts.
This virtual roundtable examines the EBA’s roadmap outlining the objectives and timeline for delivering new mandates and the approach to considering environmental, social and governance risks in the European banking framework. It discusses the EBA’s work with the European Commission in the context of its strategy for financing the transition to a sustainable economy.
Stephane Boivin, Acting Head of ESG Risks Unit, European Banking Authority
This meeting will be conducted under the OMFIF Rules.
This in-person discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.