Recording of the Launch of the New C-ESG Risk Roundtable Data Workstream Report
January 2025
January 2025
Curious about how CSRD data from corporates is used by banks to manage risk?
Discussions on the need to simplify reporting requirements and reduce reporting burdens are ongoing in the context of the upcoming Omnibus initiative of the European Commission. In our recent webinar, we explored what data banks need to manage climate and nature-related risks, and how the data published by corporates under CSRD aligns with these needs. While there is certainly room for streamlining and simplification, some CSRD data is considered critical by banks—regardless of whether it is required by law or not—for understanding inherent and residual risks as well as corporate actions to mitigate these risks.
The recent report published by C-ESG Risk RT provides recommendations on how corporate data could be better focused and structured to improve its comparability and usability for risk management purposes.
We also discussed the use of estimates in the absence of data, how data impacts key processes such as due diligence or customer credit rating, and what a credible corporate transition plan might look like.