1.0EBFhttps://www.ebf.euEBF Response to the Basel Committee’s consultation on a Pillar 3 disclosure framework for climate-related financial riskrich600338<blockquote class="wp-embedded-content" data-secret="QJrqG3UKea"><a href="https://www.ebf.eu/ebf-media-centre/ebf-response-to-the-basel-committees-consultation-on-a-pillar-3-disclosure-framework-for-climate-related-financial-risk/">EBF Response to the Basel Committee’s consultation on a Pillar 3 disclosure framework for climate-related financial risk</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ebf.eu/ebf-media-centre/ebf-response-to-the-basel-committees-consultation-on-a-pillar-3-disclosure-framework-for-climate-related-financial-risk/embed/#?secret=QJrqG3UKea" width="600" height="338" title="“EBF Response to the Basel Committee’s consultation on a Pillar 3 disclosure framework for climate-related financial risk” — EBF" data-secret="QJrqG3UKea" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
/*! This file is auto-generated */
!function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document);
</script>
https://www.ebf.eu/wp-content/uploads/2021/02/Sustainability-resized-EBF-website.jpg1365450The reporting of ESG information as such is relatively new but early experience already shows material implementation and operational challenges not only with the data collection, analysis, monitoring and control for which massive investments in IT and operational processes were necessary, but also the need for simplification given that the Sustainable Finance (SF) Framework has become excessively complex, inconsistent and difficult to apply.