52. Institutions should ensure that all relevant group entities and business lines and units …

Institutions should ensure that all relevant group entities and business lines and units bearing risk properly understand and implement the institution’s risk appetite in terms of ESG risks. In particular in large institutions risk limits should be set at different levels within the institu-tion, ensuring consistency with the overall risk appetite, and should anchor ESG risk consid-erations in relation to the products or financial instruments issued, originated or held by the institution, client segments, type of collateral and risk mitigation instruments.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/