This public webinar focuses on how the adoption of mandatory sustainability reporting policies interact with and complement the implementation of prudential-related sustainability reporting regulations. Financial institutions are subject to both types of sustainability reporting requirements. On one hand, they need to inform their investors and wider stakeholders about their sustainability practices and resilience of their business model to sustainability risks; on the other, they must report to regulatory authorities, such as central banks and supervisors, about their recognized sustainability risks and the mitigation measures they are taking. The latter is part of supervisory practices that aim to mitigate eventual risks to the wider financial ecosystem, acknowledging that financial institutions are subject to environmental or social shocks stemming from sustainability events.


The session brings insights to financial institutions on the connections between sustainability reporting on the corporate and prudential side, how financial institutions can prepare for both, interoperability considerations by financial supervisors, and the essential role of corporate sustainability reporting policies as part of the “enabling environment” that can support the development of regulatory or supervisory disclosure frameworks on sustainability.




Speakers:


    

  • Jonathan Bravo, IFRS Foundation 
    • 

  • Dorota Wojnar, European Banking Authority (EBA) 
    • 

  • David Salles de Barros Valente, Banco Central do Brasil 
    • 





ISSB webinar series


This was the second session in a series of on ISSB implementation and the state of play of corporate sustainability standards across jurisdictions, through UNEP FI’s Regulatory Implementation Support Programme. The series includes public and members-only sessions on timely topics related to ISSB, GRI, CSRD/ESRS, their interconnections as well as other relevant frameworks including prudential matters, and features both globally and regionally focused webinars.


More information on the upcoming public webinars in the series can be found here. UNEP FI members can log into the Members’ Area to view upcoming members-only events.