2025-12-19
Banco de Portugal issued Circular Letter No. CC/2025/00000036 to disseminate guidelines on environmental, social, and governance (ESG) risk management in compliance with EBA/GL/2025/01. This document supplements the supervisory expectations regarding climate and environmental risks previously defined in Circular Letter No. 10/2021. It applies to credit institutions and establishes binding requirements for the integration of ESG risks into their governance and risk management frameworks.
Discloses the guidelines on the management of environmental, social, and governance (ESG) risks, in accordance with EBA/GL/2025/01. It complements the supervisory expectations on climate and environmental risks defined in Circular Letter No. 10/2021.
In force
12/2025 Supplement
19-12-2025
12-12-2025
Credit Institutions
European Central Bank, Risk Management, Financial System, Supervision
Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions
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