WSBI ESBG
Sustainable Finance
WSBI-ESBG member banks recognise that climate change is one of the main collective hazards ever experienced worldwide.
Move towards sustainable finance
Sustainable finance supports economic growth while reducing pressures on the environment. It tackles pollution and focuses on green-house gas emissions by minimising waste and improving efficiency in the use of natural resources. It is the provision of finance to investments taking into account environmental, social and governance (ESG) considerations. The savings and retail banking model creates growth and jobs as it finances SMEs – the EU engines of growth. They also play a role in opening their network to everyone, and help to educate citizens in the region in which they operate.
Our position on Sustainable Finance
Regulatory actions in the financial sector must prioritize the completion and implementation of the regulation developed in the 2018 Sustainable Finance Action Plan and what is provided in the EU Green Deal and the upcoming Renewed Sustainable Finance Strategy. Overlaps and misalignments between regulations as well as misalignments in implementation deadlines of interdependent regulations should be avoided.
Our latest content on financial inclusion Sustainable Finance
ESBG responds to the Commission’s consultation on its Taxonomy Environmental Delegated Act
On 3 May, ESBG responded to the Commission’s consultation on its new set of EU taxonomy criteria for economic activities that
ESBG revises its position paper on the CSDDD in accordance with the recent negotiations
Given the developments of the recent political negotiations, ESBG has decided to update its position paper on the Corporate Sustainability Due Diligence Directive (CSDDD)
ESBG responded to the ESMA consultation about the use of ESG terms in funds’ names
On 17 February, ESBG submitted its response to the ESMA consultation about the use of ESG terms in funds’ names
Advocating on the EU deforestation regulation
What lessons can be learnt from a French diplomat from the XIX century?
ESBG responds to the ESAs call for evidence on greenwashing
Therefore, in the interest of customers, banks, saving banks and issuers of financial products, ESBG
Joint letter to Commissioner McGuinness on the EFRAG consultation regarding its first set of draft ESRSs
On 27 September, the ESBG, together with the European Banking Federation (EBF), the European Association of Co-operative Banks (EACB), Insurance Europe, Accountancy Europe, Business Europe and…
