The European Banking Authority (EBA) will require most EU banks to identify and manage E#SG risks, including #ClimateTransition risks, by January 11, 2026. By that date, banks have to set up processes to conduct a robust materiality assessment of ESG risks – specifically financial risks derived from new ESG-related trends and regulations for all the sectors they serve. Based on this materiality assessment, financial institutions will be required to develop and implement measurement methods, risk management arrangements and #TransitionPlanning processes. https://lnkd.in/ekpA94ai #SustainableFinance #ChiefSustainabilityOfficer #Compliance
