On 27 June 2025, the European Supervisory Authorities (EBA, EIOPA, and ESMA) launched a public consultation (here) on their draft Joint Guidelines concerning the integration of environmental, social, and governance (ESG) risks into supervisory stress testing for banks and insurers.
These guidelines aim to harmonise methodologies and practices among supervisors in the banking and insurance sectors, ensuring proportionality and enhancing the effectiveness and efficiency of ESG stress testing.
Next steps
Public Hearing: An online public hearing will be held on 26 August 2025, from 10:00 to 12:00 CEST. (registration details will be provided at a later date)
Consultation Period: The consultation is open until 19 September 2025.
Insurance Europe