Guidelines to ensure that consistency, long-term considerations and common standards for assessment methodologies are integrated into environmental, social and governance risks. European Banking Authority

These guidelines are addressed to competent authorities and should be applied when conducting stress tests, either by integrating ESG risks or by measuring their impact in adverse scenarios. Competent authorities should ensure that sufficient human and material resources are allocated to the ESG stress testing process. This includes the involvement of staff with ESG risk assessment expertise.