COP24 advances ESG commitments for EU banks and regulators

In tackling climate change as a long-term risk, EU finance ministers are advancing European Banking Authority studies on mandatory ESG (Environmental, Social, Governance) disclosures for banks in three years and regulatory reporting requirements as part of  “greening” financial flows in Europe at the 24th session of the Conference of the Parties, taking place in Poland.

Where is the financial industry at right now in being ready for this?

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