ESG Working Group Addresses Critical Regulatory Updates

The EAPB ESG Risk Management Expert Working Group met to discuss pressing regulatory developments.

Key Takeaways:

- Omnibus Package progress - Updates on Taxonomy Delegated Acts, CSRD, and CSDDD amendments, including key debates in the European Parliament (ECON committee)
- Implementation challenges - Member exchanges on voluntary reporting audits, GAR review, and CSRD implementation timelines
- EBA Pillar 3 proposals - Broad support for the draft ITS, particularly for its proportionate approach and simplification efforts

Grateful for the productive dialogue with members as we work to advance these important initiatives.

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