19 Sep 2024

Good practices on ESG data collection and processing for financial supervision

SAFE researchers joined regulators, industry professionals, and data providers to discuss challenges in environmental, social, and governance data collection

Over 10–12 September, the ESG-Uptake project held a three-day workshop on good practices on ESG data collection and processing for financial supervision of banking, insurance, and capital markets activities. Organized in close cooperation with European Commission’s DG REFORM and the Joint Research Centre (JRC), the event brought together over 100 participants, including representatives from National Competent Authorities (NCAs), European Supervisory Authorities (ESAs), data providers, industry professionals, and academic researchers. 

The group of researchers at the ESG-Uptake workshop

A big “thank you” goes to the speakers and the participants for making this event so engaging and fruitful. Key topics included challenges of sourcing and processing ESG data and innovative technical solutions for extracting and structuring ESG data, aimed at improving data accessibility for supervisors.

The ESG-Uptake project is funded via the European Union Technical Support Instrument (TSI) as part of “ESG Risk Management Framework for the Financial Sector” and conducted in cooperation with European Commission’s DG REFORM. The project aims to strengthen the capacity of 11 EU National Competent Authorities to monitor and address ESG risks in the financial sector and is delivered by a team of researchers from three partnering universities - Ca‘ Foscari University of Venice (Coordinator), Leibniz Institute SAFE, and WU University Vienna – and from the European Commission’s JRC.