Question ID
2024_6975
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Transparency and Pillar 3
Article
449a
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2022/2453 - ITS on ESG disclosures
Article/Paragraph
Template 3
Type of submitter
Credit institution
Subject matter
Template 3: Banking book - Indicators of potential climate change transition risk: Alignment metrics
Question

1.           Should the year of reference column refer to the year for which the latest emission intensities are available for a specific sector included in the template?

2.           Could you please confirm if alignment metrics should be calculated based on actual gross carrying amount (column c) in combination with the latest emission intensity information that is available for the specific sector?

Background on the question

The ITS instruction for template 3 states that ‘column e’ should provide the closest year of reference for the alignment metric(s) for each sector. However, it is unclear how the alignment metrics should be computed even using the DPM 3.3 validation rules. It is not clear whether the financial information to be used for the computation (column d) should be the financial information of the reporting date or the financial information which aligned with the dates of the latest available emission intensities.

Submission date
Final publishing date
Final answer

Regarding question 1, please findQ&A_6859 for further clarification, what is expected to be disclosed in column (e) – Year of reference.

Regarding question 2, institutions shall indeed use the latest available data and information relevant for the calculation and disclosure of the different alignment metrics.

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

Disclaimer

The Q&A refers to the provisions in force on the day of their publication. The EBA does not systematically review published Q&As following the amendment of legislative acts. Users of the Q&A tool should therefore check the date of publication of the Q&A and whether the provisions referred to in the answer remain the same.