74. With regard to environmental risks, institutions should: a) identify and label losses related …

With regard to environmental risks, institutions should:

• a) identify and label losses related to environmental risks in their operational losses reg-isters, in line with the risk taxonomy and methodology to classify the loss events set out by the regulatory technical standards adopted by the Commission pursuant to Article 317(9) of Regulation (EU) No 575/2013;
• b) develop processes to assess and manage the likelihood and impact of environment-related litigation risks;
• c) use scenario analysis to determine how physical risk drivers can impact their business continuity; and
• d) take material environmental risks into account when developing business continuity plans.

1. Overview

1.1 References

• Article 317 9.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.