News & Analysis as of

Environmental Social & Governance (ESG) Banking Sector Climate Change

Mayer Brown

Out With a Whimper: BCBS Publishes Climate Disclosure Framework

Mayer Brown on

On June 13, 2025, the Basel Committee on Banking Supervision (“BCBS”) published its framework for the disclosure of climate-related financial risks. The framework is entirely voluntary and has several notable changes from...more

A&O Shearman

EBA releases ESG dashboard with key indicators on climate risk in the EU/EEA banking sector

A&O Shearman on

The European Banking Authority (EBA) has released an ESG dashboard, accompanied by a press release, establishing a comprehensive framework to improve the monitoring of climate-related risks within the EU/EEA banking sector...more

Jones Day

Financial Institutions May See Scope 3 Reporting Relief Under ISSB Proposals

Jones Day on

The International Sustainability Standards Board (ISSB) proposed targeted amendments to IFRS S2 Climate-related Disclosures standard, followed by similar changes from the Australian Accounting Standards Board (AASB) to its...more

Hogan Lovells

Important update for the banking, payments and lending sectors: the Central Bank of Ireland (CBI) highlights its key risks and...

Hogan Lovells on

The Central Bank of Ireland’s (CBI) Regulatory and Supervisory Outlook 2025 outlines key risk topics which it deems to be most material from a supervisory perspective across the Banking and Payments Sector. Under section four...more

A&O Shearman

EBA report on data availability and feasibility of a common methodology for ESG exposures

A&O Shearman on

The European Banking Authority (EBA) has published a report on the data availability and feasibility of a common methodology for ESG exposures. In accordance with the mandate under Article 501c(1) of Regulation 575/2013...more

Orrick, Herrington & Sutcliffe LLP

OCC withdraws from international climate organization

On February 11, Acting Comptroller of the Currency Rodney E. Hood announced the OCC’s withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. Hood emphasized that the OCC’s “primary...more

Mintz

Increasing Divergence Between US and EU Banks in Approach to Climate Change

Mintz on

Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more

A&O Shearman

Financial Stability Board analytical framework and toolkit to assess climate-related vulnerabilities

A&O Shearman on

The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more

A&O Shearman

European Banking Authority publishes draft guidelines on ESG scenario analysis

A&O Shearman on

The European Banking Authority has published a consultation paper on its draft guidelines on ESG scenario analysis. For institutions using ..the internal ratings-based approach for calculating the own funds requirements for...more

Latham & Watkins LLP

European Banking Authority Launches Consultation on Guidelines on ESG Scenario Analysis

Latham & Watkins LLP on

The draft guidelines outline expectations for institutions to adopt forward-looking strategies and incorporate scenario analysis into their management framework to assess resilience against the negative impacts of ESG...more

A&O Shearman

European Banking Authority finalizes guidelines on management of ESG risks

A&O Shearman on

The European Banking Authority has published its final guidelines on the management of ESG risks. The guidelines set out requirements for institutions for the identification, measurement, management, and monitoring of ESG...more

A&O Shearman

European Supervisory Authorities and European Central Bank Publishes Results of "Fit-For-55" Climate Stress Test

A&O Shearman on

The European Supervisory Authorities (European Securities and Markets Authority, European Banking Authority, and European Insurance and Occupational Pensions Authority) and the European Central Bank have published the results...more

A&O Shearman

Outcome of Basel Committee on Banking Supervision November 2024 Meeting

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The Basel Committee on Banking Supervision has set out the outcomes from its meeting on November 19-20, 2024. Key takeaways include: - implementation of Basel III—committee members unanimously reaffirmed their expectation...more

Mintz - ML Strategies

2024 Pre-Election Analysis: Financial Services

Mintz - ML Strategies on

Financial services encompass a wide range of services offered by the nation’s financial institutions, including banking, mortgage, investment, and credit services. The next administration and Congress’s financial services...more

White & Case LLP

2024 Financial Institutions Outlook & Trends

White & Case LLP on

This article, updated quarterly, looks ahead to the areas expected to be prioritized by financial services regulators across the globe; we look at the key regulatory trends emerging from the past year which inform our...more

Spilman Thomas & Battle, PLLC

Promissory Notes - Banking & Finance Insights: V 3, Issue 7, August 2023

Giant Banks Paid More for Deposits in Q2. That's Bad News for Small Lenders. “But many smaller institutions, some of whom turned to more expensive borrowings to replace deposits lost in the spring, don't have as many...more

BCLP

2023 Off & Running in Different ESG Directions?

BCLP on

Just over a month into 2023, we are poised for friction between the Biden Administration’s ESG strategy efforts and those of certain Congressional leaders now in the majority. A variety of proposed rules and legislation...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden’s 2023 Insights – Five Critical Areas for the Year Ahead

The pandemic’s impact may be subsiding, but businesses are encountering new challenges across the globe, including the potential for an economic retrenchment, rising interest rates, shifting regulatory and litigation...more

A&O Shearman

UK Government Publishes UK Infrastructure Bill

A&O Shearman on

The U.K. Government has published the U.K. Infrastructure Bill, a piece of legislation designed to put the U.K. Infrastructure Bank on a statutory footing. The Bank was launched in interim form in June 2021 as part of the...more

Jones Day

JONES DAY TALKS®: European Central Bank’s Climate Center & Investment Plans Focus on Sustainability (Encore Presentation)

Jones Day on

A JONES DAY TALKS® Encore Presentation. From May 2021. The European Central Bank's decision to establish a Climate Change Center and invest in a green bond fund launched by the Bank for International Settlements reflects the...more

Hogan Lovells

Brazil’s Central Bank issues Social, Environmental and Climate Risks and Opportunities Report

Hogan Lovells on

The Central Bank of Brazil published a Report on Social, Environmental and Climate Risks and Opportunities in order to promote transparency, the availability of credit and sustainable finance in the Brazilian financial...more

White & Case LLP

Regulatory Hot Topics: Highlights

White & Case LLP on

It has been a period rife with notable shifts on the global stage; a new administration in the US, the end of the Brexit transition period and the reaching of key milestones in the discontinuation of LIBOR, to name but a few....more

Akin Gump Strauss Hauer & Feld LLP

Government and Private Sector Leaders Bring Focus on Biodiversity and Nature to COP26

As we previewed before the 26th meeting of the Conference of the Parties of the U.N. Framework Convention on Climate Change (COP26, or the “Conference”), ongoing international discussions have produced notable initiatives to...more

Cadwalader, Wickersham & Taft LLP

Financial Stability Oversight Council Issues Key Report Declaring Climate Change as an Emerging Threat to U.S. Financial Stability

On October 21, 2021, the Financial Stability Oversight Council (“FSOC”), established in 2010 by the Dodd-Frank Wall Street Reform and Consumer Protection Act to respond to emerging threats to the stability of the U.S....more

Bass, Berry & Sims PLC

A Glimpse into Required Climate Risk Disclosure Considerations by the SEC

On July 28, Securities and Exchange Commission (SEC) Chair Gary Gensler delivered remarks at the Principles for Responsible Investment’s Climate and Global Financial Markets Webinar. In his remarks, he offered a glimpse of...more

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