Key Regulatory Initiatives in EU Sustainable Banking : : Exploring Sustainability Risk Management in the EU Banking Industry.

• Superior document: Brill Research Perspectives in International Law Series ; v.5
• Author: Hanganu, Alexandra-Cristina.
• Place / Publishing House: Boston : : BRILL,, 2023.; ©2023.
• Year of Publication: 2023
• Edition: 1st ed.
• Language: English
• Series: Brill Research Perspectives in International Law Series
• Physical Description: 1 online resource (68 pages)

"With temperature exhibiting a growing trend and posing threats to future generations, the Paris Agreement set a cap level of no more than 2°C for the temperature increase, emphasizing the need for cross-national participation to combat climate change. At the European level, the European Commission pledged to make Europe achieve carbon neutrality by mid-century. However, to deliver on its commitment, extensive financial support and engagement from both private and public-sector players were acknowledged as requisites. Therefore, through their funding mechanism, banks assumed a leading role in financing the transition to a green economy. However, a new challenge of systemic nature - i.e. ESG risks - emerged, gaining regulatory attention and subsequently triggering numerous regulatory reforms. Therefore, this study explores the current European regulatory environment addressing sustainability, aiming to identify whether such regulatory frameworks can be considered a strategic opportunity, or contrastingly, a strategic burden for credit institutions"-- Provided by publisher.

Table of Contents

Intro -- Contents -- Key Regulatory Initiatives in EU Sustainable Banking: Exploring Sustainability Risk Management in the EU Banking Industry -- Abstract -- Keywords -- 1 Introduction -- 2 Methodology and Conceptual Framework -- 3 Sustainability - a Cross-Industry Salient Topic -- 4 Regulatory Reforms Addressing Sustainability -- 5 Environmental, Social and Governance (ESG) Risks -- 6 An Adjusting Banking Industry -- 7 Sustainability Implementation - a Strategic Opportunity or Burden? -- 8 Discussions -- 9 Conclusion -- Abbreviations -- Notes on Contributor -- References.