Environmental Risk: Difference between revisions

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Latest revision as of 15:27, 11 August 2021

Definition

Environmental Risk is the risk of any negative financial impact on the institution stemming from the current or prospective impacts of environmental factors on its counterparties or invested assets[1]

References

  1. EBA Report: On Management and Supervision of ESG Risks for Credit Instituions and Investment Firms, EBA/REP/2021/18