ESG: Social taxonomy
In the past three articles, we have looked at topics that already exist or are currently being implemented. We would like to use the end of the year to look ahead.
Our recap of the FIS ALM SUMMIT 2023 | 06.12.23
The FIS and ADWEKO can look back on a strong partnership. We were all the more pleased to be part of this year’s “FIS ALM Summit” in Frankfurt.
ESG checklist in the lending business: Environmental – Part 1
The topic of climate change is more present than ever. Numerous public debates, activists and even politicians are addressing the issue.
ESG in the credit process
Pressure is growing on financial institutions to fully incorporate ESG-factors into their lending process.
ESG: MaRisk Implementation – Part 1
The requirements for implementing sustainability are now included in the 7th MaRisk amendment.
ESG – Corporate Sustainability Reporting Directive (CSRD) concretized by EU/2022/2464
The CSRD is a proposed revision of the existing Non-Financial Reporting Directive being developed as part of the EU legislative process.
ESG – Capital Requirements Regulation (CRR) concretized by EU/2022/2453
However, disclosure obligations and ESG data collection requirements are gradually increasing in the coming years, which is described in more detail in the following article.
ESG – Non Financial reporting Directive (NFRD) Extended by EU/2021/2178
The NFRD disclosure requirement has already been in place for large companies since 2014 (2014/95/EU).
ESG – EU Taxonomy – Definition of Environmental Targets
The EU taxonomy, more precisely Regulation EU/2020/852, establishes the basis for assessing the sustainability of economic activities, with a classification system allowing to classify whether the desired sustainability of the investment is given.
ESG – Preparation supervision meeting – part 3
Sustainability continues to gain in importance and the implementation status of the individual institutions is surveyed in the annual meeting with the banking supervisory authorities. The following article covers the third part of the preparation for the supervisory interview and deals with possible interview contents regarding sustainability.