Your browser does not support JavaScript!

Climate and sustainability risks: implications in the banking sector

Day 1 Afternoon

Wednesday 08 September

Room :

Plenary Room 1


Steven Maijoor
Executive Director of Supervision - De Nederlandsche Bank (DNB)
Public Authorities
José Manuel Campa
Chairperson - European Banking Authority (EBA)
Neil Esho
Deputy Secretary General - Basel Committee on Banking Supervision (BCBS)
Edouard Fernandez-Bollo
Member of the Supervisory Board, Single Supervisory Mechanism - European Central Bank (ECB)
Industry Representatives
Sanghamitra Karra
Global Head of Market Risk Stress Testing - Morgan Stanley
Ricardo Laiseca
Head of Sustainability Transition for Clients - Banco Bilbao Vizcaya Argentaria (BBVA)
Alan Smith
Senior Advisor – ESG Risk and Inclusion, Group Risk - HSBC Holdings plc
Shinsuke Toda
Chief Executive Officer for for Europe, Middle East and Africa - Mizuho Financial Group, Inc. / Mizuho Bank, Ltd.

The session aims at clarifying the challenges posed by such an unprecedented type of risk and identifying subsequently the strengths and weaknesses of the tools and approaches proposed by policy makers in the EU banking sector.  Finally, the session will try to outline the factors and policy priorities favouring not only an effective climate and sustainability risk reduction in the banking sector, but also enabling a swift enough transition by banks while notably avoiding possible unnecessary legal and reputational threats.  

Points of discussion

  1. What is the level of sustainability risk observed in the EU banking sector?  
  2. What has been achieved in the banking sector to embed sustainability in internal processes? What are the main risk-mitigation approaches available and the climate-related data challenges faced?  
  3. What is the role of banks on a swift sustainability transition of the EU? How to achieve an effective reputational and political stability for financial institutions?