NFU Consultation Reply to EBAs Guidelines on the Managment of ESG risks (2024)

Summary

Nordic Financial Unions (NFU) replied to the European Banking Authority's consultation on the draft guidelines on the management of Environmental, Social, and Governance (ESG) risks, emphasising the experience of Nordic financial industry employees. The draft Guidelines set out requirements for institutions for the identification, measurement, management and monitoring of ESG risks, including through plans to address the risks arising from the transition towards an EU climate-neutral economy.

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