Consultation on the proposal for Regulatory Technical Standards on management of sustainability risks including sustainability risk plans - Solvency II Review

All interested stakeholders

In its proposal, EIOPA aims to limit the burden on undertakings and establish a coherent and proportionate approach to sustainability risk management. In this regard, the proposed Regulatory Technical Standards integrate the sustainability risk plans into existing risk management practices of undertakings, connect their sustainability plans with their transition plans, while allowing undertakings to disclose sustainability risks in a consistent and efficient manner.

The draft Regulatory Technical Standards specify the minimum standards and reference methodologies for the identification, measurement, management, and monitoring of sustainability risks, the elements to be covered in the plans, the supervision and disclosure of relevant elements of the plans. 

Comments are most helpful if they: 

• respond to the question stated, where applicable; 
• contain a clear rationale; and 
• describe any alternatives EIOPA should consider.

 Please provide your comments to EIOPA via EU Survey below by 26 February 2025 23:59 CET. 

Contributions not provided via EU Survey or after the deadline will not be processed. In case you have any questions please contact SolvencyIIrevieweiopa [dot] europa [dot] eu (SolvencyIIreview[at]eiopa[dot]europa[dot]eu).