On 12 August 2025, ENGAGE for ESG contributed to the European Banking Authority’s (EBA) consultation on proposed amendments to the European Commission’s Implementing Regulation on Pillar 3 disclosures under the CRR3 from its standpoint as a consortium of expert entities in the area of sustainable finance, data templates implementation, and reporting.
The ENGAGE Consortium focused, in particular, on the scope of Template 2 (Annex XXXIX), related to climate change transition risk, with a focus on the energy performance of the collateral with regards to loans collateralised by immovable property.
To download the full response, please click below.
To achieve the proposed 55% emission reduction climate target by 2030, around EUR 275 billion of additional investments are needed per year.
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