EBA Pillar 3 - Intro text

MSCI can help banks measure and report on climate-related risks in line with the European Banking Authority’s (EBA) ESG Pillar 3 framework on prudential disclosures.1

Our data and solutions support granular reporting required by the EBA ESG Pillar 3 disclosure mandates and can help banks carry out recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and activities addressed by the EU Taxonomy on Sustainable Activities (EU Taxonomy).

Request a demo


EBA Pillar 3 - video

Loading EBA Pillar 3 - video...

What are the EBA ESG Pillar 3 Disclosures?

Learn about the key requirements of the framework in 30 seconds.

Download Transcript (PDF, 131 KB) (opens in a new tab)

EBA Pillar 3 - requirement title


Requirements for EBA ESG Pillar 3 Disclosures

The EBA ESG Pillar 3 disclosure standards require banks with securities traded on a regulated market of any EU member state to report information about climate risks in four main categories starting in 2023:

EBA Pillar 3 - main categories

  • Exposure to carbon-related assets and assets subject to climate change-related risks, including transition and physical risks

  • Support for counterparties through the low-carbon transition and in climate adaptation

  • Key performance indicators on sustainable finance activity based on the EU Taxonomy

  • How banks integrate ESG considerations into governance, business, strategy and risk management


EBA Pillar 3 - 10 reporting templates

10 reporting templates, 1 source for institutional-strength ESG and climate data

The EBA ESG Pillar 3 Framework features a set of 10 templates that request banks to disclose climate-related risks and actions to mitigate them, together with exposure to green assets and information on how they are making sustainability part of their risk management2.

EBA Pillar 3 - key considerations

Contact sales

EBA Pillar 3 - msci climate and data metrics


MSCI climate data and metrics are designed to help banks and other financial institutions report consistently and in alignment with global, region- and country-specific voluntary or compliance frameworks, including:

  • The EBA ESG Pillar 3 Framework
  • The TCFD
  • The Partnership for Carbon Accounting Financials (PCAF)
  • The EU’s Non-Financial Reporting Directive (NFRD) and Corporate Sustainability Reporting Directive (CSRD), which takes effect in 2023 and will replace the NFRD
  • The EU’s Sustainable Finance Disclosure Regulation (SFDR)
  • Market in Financial Instruments Directive (MiFID) II Sustainability Preferences
  • Solvency II

EBA Pillar 3 - related content cards

EBA Pillar 3 - Footnotes

1 This information is not intended to constitute legal advice.

2 Template 9 (BTAR) is not mandatory