EBA publishes ESG dashboard for centralised climate risk monitoring in EU/EEA banking sector
The European Banking Authority (EBA) has published an environmental, social and governance (ESG) dashboard designed to provide centralised and comparable climate risk indicators for the EU/EEA banking sector. The dashboard compiles data from information disclosed by banks as part of their Pillar 3 ESG disclosures with reference dates of 31 December 2023 and 30 June 2024, and it forms part of an extensive ESG risk monitoring framework. The dashboard addresses transition risks, which arise from changes in policy, technological shifts, and consumer behaviour, as well as physical risks linked to geographical exposure. It also incorporates indicators for green financing, including metrics associated with the EU Taxonomy and internal assessments such as the Green Asset Ratio, to evaluate exposure levels within banks’ loan portfolios. The EBA intends to update the dashboard regularly in order to reflect revisions in disclosure templates and any regulatory modifications.