The European Banking Authority and European Banking Federation organised a joint workshop in order to discuss the implication of the EU initiatives on sustainable finance for the EU banking sector, the status of incorporation of ESG factors in banks’ strategies and risk management and related regulatory developments and supervisory practices.
Bringing together banks, regulators and supervisors, the objective of the workshop was to:
better understand the current state of play regarding the development of ESG considerations within the banking and the supervisory communities;
better apprehend the role that banks, regulators and supervisors could play in mainstreaming sustainable finance;
discuss the evolution of green and sustainable products on the market;
discuss challenges and priorities for the banking sector, regulators and supervisors;
explore areas for further work and collaboration between different stakeholders.