Implementing Technical Standards (ITS) on prudential disclosures on ESG risks in accordance with Article 449a CRR

  • Status: Adopted and published in the Official Journal of the EU

The Implementing Technical Standards (ITS) on Pillar 3 disclosures on Environmental, Social and Governance (ESG) risks propose comparable quantitative disclosures on climate-change-related transition and physical risks, including information on exposures towards carbon-related assets and assets subject to chronic and acute climate change events. They also include quantitative disclosures on institutions’ mitigating actions supporting their counterparties in the transition to a carbon-neutral economy and in the adaptation to climate change. In addition, they include a Green Asset ratio (GAR), which identifies the institutions’ assets financing activities that are environmentally sustainable according to the EU taxonomy, such as those consistent with the European Green Deal and the Paris agreement goals. 

Summary of document history

Previous versions Current version Ongoing versions

Consultation on draft ITS on Pillar disclosures on ESG risk

  • Status: Closed
  • Deadline: 1 JUNE 2021
Documents
Consultation paper on draft ITS on Pillar 3 disclosures on ESG risks

(1.42 MB - PDF) Last update 8 March 2021

Annex I - draft ITS on Pillar 3 disclosures on ESG risks (templates)

(70.12 KB - Excel Spreadsheet) Last update 1 March 2021

Annex II - EBA draft ITS on Pillar 3 disclosures on ESG risks (instructions)

(824.14 KB - PDF) Last update 1 March 2021

Factsheet - ESG disclosures

(276.59 KB - PDF) Last update 1 March 2021

Public hearing presentation

(854.32 KB - PDF) Last update 30 March 2021

Responses

The form is now closed.

Public hearings

Public hearing on draft ITS on Pillar disclosures on ESG risk

Public hearing presentation

(1008.71 KB - PDF) Last update 26 March 2021

Press contacts

Franca Rosa Congiu