“Bank capital takes climate risks into account”

The risks deriving from climate change are now the prevailing ones within ESG (environmental, social, governance) themes. So much so that there is a growing consensus among the various stakeholders of the banks on the need for the supervisory authorities of the banking system to take this into account when determining the capital requirements. Like? “The Srep is considered the most appropriate tool in the current regulatory context, pending the conclusion of the mandate entrusted to the EBA for …