Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Transparency and Pillar 3
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) 2022/2453 - ITS on ESG disclosures
18a (2)(f)
Disclose name of institution / entity:
Type of submitter:
Competent authority
Subject Matter:
Clarification on summing columns in Template 10 "Other climate change mitigating actions that are not covered in the EU Taxonomy"

We ask for clarification whether 'columns d' and 'e' in Template 10 (respectively 'Type of risk mitigated (Climate change transition risk) ' and 'Type of risk mitigated (Climate change physical risk) ') should add up to 'column c' ('Gross carrying amount (million EUR) ')?

Background on the question:

This issue has been reported to us by banks as one of the implementation problems. The Instructions do not provide clear guidance on summing the columns. Therefore, it needs further clarification whether the purpose of 'column c' (' Gross carrying amount (million EUR)') is to present the whole value of the respective portfolios or only the value referring to other climate change mitigating actions that are not covered in the Taxonomy. In addition, the instructions for 'columns d' and 'e' may indicate their qualitative nature - this should be confirmed as well.

Date of submission:
Published as Final Q&A:
Final Answer:

'Columns d' and 'e' in Template 10 - Other climate change mitigating actions that are not covered in the EU Taxonomy of Annex XXXIX to the Final draft implementing technical standards on prudential disclosures on ESG risks in accordance with Article 449a CRR should report qualitative information (risk type), thus they should not add up to 'column c', which should report the gross carrying amount (quantitative data).

'Column c' should include the gross carrying amount of the exposures of the institutions that are not EU taxonomy aligned but that still support counterparties in the transition and adaptation process for the objectives of climate change mitigation and climate change adaptation.

Final Q&A
Answer prepared by:
Answer prepared by the EBA.