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Archive » November 2024 » Sustainability assessment: Eu regulation and estimation tools

Sustainability assessment: Eu regulation and estimation tools

Lucia Alessi
November 2024 - n. 11
Keywords: Sostenibilità, regolamentazione Ue
Jel codes: Q50, Q56, K20

This article provides an overview of the milestones in the legislative landscape on sustainable finance, i.e. the Corporate Sustainability Reporting Directive (Csrd), the European Sustainability Reporting Standards (Esrs), the Sustainable Finance Disclosure Regulation (Sfdr) and the Eu Taxonomy for sustainable activities. These rules will improve the quality of available sustainability data. For the time being, however, financial institutions need to rely on estimates to assess the sustainability of their portfolios and balance sheets, and their exposure to Climate risks. Alessi and Battiston (2022, 2023) offer a methodology to obtain these estimates, based on the information available to date.

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