Following a public consultation, the European Insurance and Occupational Pensions Authority (EIOPA) published on Tuesday 2 August an application guide on climate change materiality assessments and climate change scenarios in the Own Risk and Solvency Assessment (ORSA).
The implementation guide provides a detailed and practical basis on how to implement the ambitions of sustainable finance in practice. With the help of mock companies, EIOPA illustrated examples of how to conduct materiality...