20/01/2025 (Agence Europe) – On Thursday 16 January, the European Banking Authority (EBA) launched a public consultation on its draft Guidelines on Environmental, Social and Governance (ESG) scenario analysis. The draft Guidelines set out expectations for credit institutions when adopting forward-looking approaches and incorporating scenario analysis as part of their management framework. The aim is to test their financial and business model resilience to the negative impacts of ESG factors. They are intended to complement the EBA Guidelines on the management of ESG risks, published on Thursday 9 January (see EUROPE 13556/26). The consultation is open until Wednesday 16 April. EBA will hold a virtual public hearing on the consultation paper on Monday 17 March and invites interested stakeholders to register for it. For more information: https://aeur.eu/f/f3y (AD)