ESG Risk Mitigation
From Open Risk Manual
Definition
ESG Risk Mitigation denotes any action to incorporate ESG risks into risk management through the adoption of a business strategy and risk management approach that supports the monitoring and control of ESG risks, including targets and limits, as well as changes to the organisational set-up of the institution when appropriate[1]
References
- ↑ EBA Report: On Management and Supervision of ESG Risks for Credit Instituions and Investment Firms, EBA/REP/2021/18
