Archive

  • EBA to include ESG risk in supervision changes

    23 June 2021

    The European Banking Authority (EBA) will publish disclosure requirements on ESG risks later this year following a consultation on the topic it launched in March.

  • Just 8% of EU bank lending is EU Taxonomy aligned, says EBA

    24 May 2021

  • BofE announces climate stress tests launch in June after Covid-19 delay

    09 November 2020

    The Bank of England (BofE) has announced that its postponed climate stress tests will now launch in June, after the central bank used the delay due to the Covid-19 pandemic to work on the design of the exercise.

  • EU launches Sustainable Finance Platform after Taxonomy approval

    19 June 2020

    The European Commission has officially launched a new expert group that will advise the bloc on its final EU Taxonomy criteria for 'green' activities and a potential expansion to cover social objectives and 'brown' activities.

  • 'Alarming' omission of oil and gas from EU financial disclosure rules draft

    04 May 2020

    EU financial regulators have been criticised for appearing to omit oil and gas from its definition of fossil fuel sectors in its draft environmental, social and governance (ESG) disclosure requirements.

  • ShareAction: Banks 'tinkering around the edges' in response to climate change

    28 April 2020

    Danske Bank and Intesa Sanpaolo have been named as the 'laggards' of the biggest European banks when it comes tackling climate change.

  • Carney: Prudential regulation should avoid climate policy by 'back door'

    31 March 2020

    Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".

  • ESMA recommends EU develop single set of ESG disclosure standards

    20 December 2019

    The regulator of the EU's securities markets has advised the European Commission to develop 'a single set of international environmental, social and governance (ESG) disclosure standards', to combat what it sees as short-termism among market participants.

  • BoE widens climate risk stress test to banks

    18 December 2019

    The Bank of England (BoE) has outlined proposals to stress test banks and insurers on climate risk as part of its 2021 testing round.

  • EBA plans climate stress test

    11 December 2019