Banks-must-define-ESG-risk-first
27 Apr 26

Banks cannot industrialise sustainability risk handling before they define it

Banks cannot industrialise sustainability risk handling before they define it The EBA requirement is real, and it goes far beyond climate risk The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded […]
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EBA-regulation-ESG-risk-integration-credit
22 Apr 26

What the EBA actually requires from banks in sustainability risk integration

BANKS – What the EBA actually requires in sustainability risk integration Why this is a prudential issue, not an ESG reporting exercise The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded […]
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Failed-ESG-risk-questionaires-and-process-for-banks
19 Apr 26

Why most bank questionnaires on sustainability fail

Why most bank questionnaires on sustainability fail Collecting debtor information without a materiality framework creates noise, not risk insight The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded in 2021. Many […]
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Failed-ESG-risk-automation-by-banks
11 Apr 26

Automating sustainability risk assessment in banks – Pitfalls

Automating sustainability risk assessment – Pitfalls Why deterministic design beats agentic guesswork in regulated credit The author, Dag A.D.Messelt, is a domain expert in sustainability risk and he is working with sustainability risk assessment methodology, including sustainability risk materiality, at SustainAX, a Swedish ESG rating provider he co-founded in 2021. Automation is now central to […]
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SustainAX_Choose_pill_decision-ready-ESGriskData_or_CheapCORPORATEdata_v2
29 Jan 26

What is decision-ready ESG data for risk integration?

What is decision-ready ESG data for risk integration? ESG risk integration is no longer a matter of preference or positioning. In the EU, it is a regulatory requirement tied directly to fiduciary duty, risk management, and capital allocation. For asset managers, SFDR requires sustainability risks to be integrated into investment decision-making processes across all asset […]
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04 Mar 25

How the ESG Analyst Should Think – From Climate Change Scenarios to ESG* Risk Materiality or Brace for Physical Climate Changes!

How the ESG Analyst Should Think – From Climate Change Scenarios to ESG* Risk Materiality Or Brace for Physical Climate Changes! ESG risk materiality – A dynamic and complex perspective Understanding ESG risk materiality requires knowledge of the typical ESG risks for activities often grouped in industries and sectors. Unlike traditional financial risks, rooted in […]
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Certified-ESG-Analysts-5
16 Aug 24

Nordic Certified ESG* Analysts Overview #5 – Danske Bank still in front of Nordea, and much more focused on asset management and Norway still lagging, but less!

Nordic Certified ESG* Analysts Overview #5 – Danske Bank still in front of Nordea, and much more focused on asset management. Norway still lagging, but less! The finance industry is grappling with a critical issue: the lack of genuine ESG analyst expertise. This challenge is growing more significant as regulations become stricter and expectations from […]
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ESG-risk-ratings-cannot-be-used-alone
04 Apr 24

ESG risk is like any other risk and cannot be understood only with an ESG risk rating

ESG risk is like any other risk and cannot be understood only with an ESG risk rating Co-authored by Alexander Miller, CIO at Odin Forvaltning and Dag A.D. Messelt, Senior ESG risk analyst and co-founder at sustainAX. Today, there is far too much focus on the ESG risk ratings themselves among investors, but also in […]
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ESG Dilammas Nordic Finance ESG risk sector report
16 Sep 23

How the ESG* analyst should think – Issues and dilemmas in the Nordic financial sector

How the ESG* analyst should think – Issues and dilemmas in the Nordic financial sector We have released an ESG sector report for Nordic finance with 43 companies ESG risk researched. When conducting our ESG risk research in the sector we have met a few issues and dilemmas. How should we think as ESG risk […]
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Full blown modern ESG engagement
23 Apr 23

ESG* risk mitigation – Modern ESG* engagement versus limited traditional engagement

ESG* risk mitigation – Modern ESG* engagement versus limited traditional engagement All investments have ESG risks and other risks, we could just call it risks as there is no real reason to distinguish between these in the end. Asset managers are professional risk takers and know how to price this. We will focus on the […]
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