Now fully revised with the May 2025 updates
In May 2025, the European Banking Authority released draft revisions to the Implementing Technical Standards (ITS) for Pillar 3 ESG disclosures. These updates expand the scope of institutions subject to reporting, introduce changes to templates, and clarify how proportionality will apply to smaller and less complex institutions.
The updated version of our Practical Guide, developed in collaboration with ESG Book, provides clarity on what the revisions mean in practice, helping reporting teams prepare for the transition.
The proposed revisions require supervised banks to collect and report detailed, structured, and comparable transition and physical climate risk data at the counterparty level. For many, this presents a major operational and data challenge. For a step-by-step walkthrough of what's new and what is staying the same, download our revised guide.
What you'll learn
- What the Pillar 3 disclosure requirements involve, and how they’re evolving
- Why corporate-reported data often falls short, and how to improve coverage and comparability
- The power of combining asset-based emissions, production and entity-level indicators across 13+ climate-critical sectors
- How to strengthen your analysis of transition risk for benefits beyond compliance
What's new in the revised edition
- Broader scope: expanded disclosure requirements for large unlisted institutions, subsidiaries, and smaller banks under CRR3 timelines (2026–2029)
- Template revisions: updates across Transition & Physical Risk, Real Estate, and Alignment templates, including new metrics on financed emissions, proxy data, and forward-looking targets
- Suspended templates: GAR and BTAR reporting deferred until 2027, but with significant simplification and harmonisation with EU Taxonomy rules
Get your copy of our practical guide to EBA Pillar 3
