EBA Issues Opinion as No-Action Letter on the Application of Provisions Relating to Disclosures on ESG Risks
On 5 August 2025, the European Banking Authority (EBA) issued an Opinion – submitted to the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) as a No-Action letter – addressing the application of Pillar III ESG disclosure requirements under the EBA disclosure Implementing Technical Standards (ITS).
European Commission Adopts Support Package for the Implementation of the Recast EPBD
On 30 June 2025, the European Commission adopted a support package to help EU countries implementing and transposing the Energy Performance of Buildings Directive (“the recast EPBD”) into national law.
Navigating the Green Transition: Latest Regulatory Developments in EU Sustainable Finance
Europe’s sustainable finance landscape is undergoing a period of significant change, driven by regulatory shifts aimed at building a more climate-resilient economy and aligning financial systems with environmental goals. This blog looks at three recent regulatory updates.
The European Commission Publishes a Delegated Act Amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts
On 4 July 2025, the European Commission adopted a Delegated Act with measures to simplify the application of the EU Taxonomy by reducing the administrative burden for entities. The draft Delegated Act adopted by the Commission was published on 26 February 2025 for a four-week feedback period as part of the first Omnibus package.
ENGAGE for ESG Initiative Launches Expert Group to Advance Sustainable Finance Implementation
The ENGAGE for ESG initiative is proud to announce the creation of a high-level Expert Group dedicated to strengthening the practical implementation of the European Union’s sustainable finance regulatory framework.
EBA Consultation Paper on ITS on Disclosures on ESG risks, Equity Exposures, and the Aggregate Exposure to Shadow Banking Entities
On 22 May 2025 the European Banking Authority (EBA) launched a public consultation on proposed amendments to the European Commission’s Implementing Regulation on Pillar 3 disclosures under the CRR3. The consultation paper aims to enhance the transparency and consistency of disclosures, while simplifying the reporting process for institutions.
European Commission Update to the Sustainable Finance Roadmap
On 21 May 2025 the European Commission published an update of its sustainable finance roadmap on three fronts: corporate sustainability reporting, EU taxonomy of sustainable economic activities, and sustainability disclosures in the financial sector.
The Spanish Intellectual Property Register Recognises the Originality of the ENGAGE Templates
The Spanish Intellectual Property Register has approved the registration of the ENGAGE Templates, confirming their status as an original and protected intellectual creation.
ENGAGE for ESG Leads Dialogue on Sustainable Finance Sustainable Finance Reporting in Madrid
ENGAGE for ESG Leads Dialogue on Sustainable Finance Reporting in Madrid MADRID – 12 MAY 2025 ENGAGE for ESG, in collaboration with the Instituto de Crédito Oficial (ICO) and Banco de España, hosted an event in Madrid on 7 May focused on the challenges of ESG reporting in the European financial sector. The event gathered representatives from […]
EBA Report on Data Availability and Feasibility of Common Methodology for ESG Exposures
On 24 February 2024 the European Banking Authority published a Report assessing the availability and accessibility of data related to environmental, social and governance (ESG) risks, as well as the feasibility of introducing a standardised methodology for identifying and qualifying credit exposures to such risks.