Consultation on Application guidance on running climate change materiality assessment and using climate change scenarios in the ORSA

The consultation gives general insights in the ORSA where undertakings have the possibility to address climate change risks and provides examples using both dummy non-life and life companies, which will help to design the steps for the materiality assessment and to run climate change scenarios.

Stakeholders are invited to contribute to this consultation by responding to the questions in the survey by Thursday, 10 February 2022.

EIOPA’s final application guidance is expected for June 2022, once the feedback is integrated following the consultation period and the pilot exercise starting in March 2022.