{"id":13322,"date":"2026-04-27T12:44:57","date_gmt":"2026-04-27T10:44:57","guid":{"rendered":"https:\/\/www.sustainax.com\/?p=13322"},"modified":"2026-04-27T16:22:48","modified_gmt":"2026-04-27T14:22:48","slug":"banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it","status":"publish","type":"post","link":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/","title":{"rendered":"Banks cannot industrialise sustainability risk handling before they define it"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13322\" class=\"elementor elementor-13322\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a6201b1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a6201b1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0e6f34f\" data-id=\"0e6f34f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e56a5cf elementor-widget elementor-widget-text-editor\" data-id=\"e56a5cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4 style=\"font-weight: 400;\">Banks cannot industrialise sustainability risk handling before they define it<\/h4><h5 style=\"font-weight: 400;\">The EBA requirement is real, and it goes far beyond climate risk<\/h5><p style=\"font-weight: 400;\"><em>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.<\/em><\/p><p style=\"font-weight: 400;\">For many European banks, sustainability risk integration still sounds manageable in theory and disorderly in practice.<\/p><p style=\"font-weight: 400;\">That is especially true in corporate lending, where portfolios often span tens of thousands of debtors across sectors, jurisdictions and supply chains. On paper, the task appears simple: integrate sustainability risks into risk management and credit decisions. In reality, doing so at scale requires something many institutions still do not have: a robust sustainability risk methodology built on domain expertise and designed for industrial application.<\/p><p style=\"font-weight: 400;\">The regulatory direction, however, is no longer debatable. The EBA\u2019s final Guidelines on the management of ESG risks make clear that environmental, social and governance risks are not peripheral matters. They are part of prudential banking. For larger institutions, the guidelines apply from 11 January 2026. For small and non-complex institutions, the application date is 11 January 2027.<\/p><p style=\"font-weight: 400;\">Read more about this here: <a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/26\/what-the-eba-actually-requires-from-banks-in-sustainability-risk-integration\/\">What the EBA actually requires in sustainability risk integration<\/a><\/p><p style=\"font-weight: 400;\">That matters because many banks are still approaching the issue as though it were mainly about climate, reporting, or questionnaire design. It is none of those things first. It is a risk integration challenge.<\/p><h6><span style=\"color: #ff6600;\">Download our executive briefing here:<\/span><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b16460 elementor-widget elementor-widget-wpdmpackage\" data-id=\"8b16460\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdmpackage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class='w3eden wpdm_package_shortcode'><!-- WPDM Link Template: Call to Action 1 -->\n\n<div class=\"well c2a1\">\n    <div class=\"media\">\n\n\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt;\"><a style=\"font-weight: 700\" href=\"https:\/\/www.sustainax.com\/index.php\/download\/a-practical-framework-for-eba-aligned-sustainability-risk-integration-in-corporate-lending\/\">A practical framework for EBA-aligned sustainability risk integration in corporate lending<\/a> <span style=\"margin-left:30px;font-size:8pt;font-weight:300\"><i style=\"margin: 2px 0 0 5px;opacity:0.5\" class=\"fa fa-th-large\"><\/i> 218.70 KB <i style=\"margin: 2px 0 0 5px;opacity:0.5\" class=\"fa fa-download\"><\/i> 2 downloads<\/span><\/h3>\n            Executive briefing for CEOs, CROs, heads of credit, credit managers, compliance officers...\n        <\/div>\n\n        <div class=\"ml-3\" align=\"right\">\n            <a href='#unlock' class='wpdm-download-link wpdm-download-locked btn btn-primary ' data-package='13427'>Download<\/a>\n        <\/div>\n\n    <\/div>\n\n<\/div>\n<style>.well.c2a1 .btn.wpdm-download-link{ padding: 11px 30px;font-size: 11pt; } .well.c2a1 .media-body{ font-size: 11pt; }<\/style><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e777ab0 elementor-widget elementor-widget-text-editor\" data-id=\"e777ab0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h6>\u00a0<\/h6><h6 style=\"font-weight: 400;\">The real bottleneck is not timing. It is capability.<\/h6><p style=\"font-weight: 400;\">Many banks do not yet have enough experienced sustainability risk analysts to assess large and varied corporate loan books with consistency. They do not have a deep internal library of historical sustainability risk assessments. They do not have a mature logic for translating sustainability issues into financially material risk exposures at debtor and portfolio level.<\/p><p style=\"font-weight: 400;\">That weakness becomes visible in the way many banks are currently working. They begin by collecting information from debtors. They send questionnaires, request policies, emissions figures, targets and governance information, and hope that the resulting dataset will form the basis of sustainability risk assessment.<\/p><h6 style=\"font-weight: 400;\">Often it will not.<\/h6><p style=\"font-weight: 400;\">If a bank has not first determined which sustainability risks are materially relevant for a particular sector, business model or supply chain configuration, it cannot know what to ask. It cannot separate signal from noise. It cannot distinguish what is relevant for credit judgement from what is merely useful for disclosure or general ESG profiling.<\/p><h6 style=\"font-weight: 400;\">The result is activity without analytical depth.<\/h6><p style=\"font-weight: 400;\">This is where much of the market is solving the problem in the wrong order. The correct starting point is not the questionnaire. It is the risk assessment engine.<\/p><p style=\"font-weight: 400;\">Banks need first to build a structured sustainability risk methodology. That means identifying the sustainability risk topics that may matter financially, mapping them to sectors and activities, understanding transmission channels into financial risk, and establishing a logic that can be applied repeatedly across large portfolios.<\/p><h6 style=\"font-weight: 400;\">Only then does it become possible to ask targeted, decision-useful questions.<\/h6><p style=\"font-weight: 400;\">The second mistake is narrower but just as important. Too many institutions still behave as though sustainability risk integration is largely a climate exercise. That is understandable. Climate risk has received the greatest regulatory attention, the broadest public attention and the most visible data build-out. But climate risk is only one part of the problem.<\/p><p style=\"font-weight: 400;\">Sustainability risk in lending is much broader. It can include environmental liabilities, biodiversity-related exposure, labour conditions, product safety failures, community conflict, weak governance, corruption risk, supply-chain abuses and other factors that may feed into cash flow weakness, operational disruption, litigation, reputational pressure or reduced market access. All potential contributors to a debtors failure to pay back their credit.<\/p><h6 style=\"font-weight: 400;\">A bank that focuses only on climate is not simplifying the task. It is under-scoping it.<\/h6><p style=\"font-weight: 400;\">This is not only a regulatory problem. It is also a commercial one.<\/p><p style=\"font-weight: 400;\">If sustainability risk is poorly defined, it will be poorly priced. Banks will misjudge debtor resilience, underestimate downside risk and allocate capital with false confidence. Weak sustainability risk integration can create hidden concentration risk across sectors, geographies and supply chains. In adverse conditions, these blind spots do not remain theoretical. They show up in the portfolio.<\/p><p style=\"font-weight: 400;\">For CEOs, CROs and credit managers, that is the real issue. Better sustainability risk integration is not simply a matter of satisfying supervisors. It is a way to improve risk selection.<\/p><p style=\"font-weight: 400;\">Read more about this here: <a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/26\/why-most-bank-questionnaires-on-sustainability-fail\/\">Why most bank questionnaires on sustainability fail<\/a><\/p><h6 style=\"font-weight: 400;\">The next question is automation.<\/h6><p style=\"font-weight: 400;\">Here again, many institutions risk moving too quickly in the wrong direction. When internal sustainability risk expertise is limited, the temptation is to rely heavily on large language models and agentic workflows. But in a domain where the underlying knowledge base is thinner and less standardised than in traditional financial analysis, this can introduce significant inconsistency.<\/p><p style=\"font-weight: 400;\">The model\u2019s latent assumptions begin to do too much of the work. Variation in output increases. Traceability weakens. Hallucination risk rises.<\/p><h6 style=\"font-weight: 400;\">A better alternative is deterministic design.<\/h6><p style=\"font-weight: 400;\">When the domain methodology is strong, the assessment process can be broken into smaller analytical tasks. Rules, evidence structures and risk logic do most of the work. AI is used only where interpretation is genuinely needed. In that structure, the bank is not outsourcing judgement to the model. It is constraining the model inside a controlled process.<\/p><p style=\"font-weight: 400;\">That makes automation faster, cheaper and more defensible.<\/p><p style=\"font-weight: 400;\">For regulated credit processes, defensibility is the real test. Can the bank explain why a sustainability issue was considered material or immaterial for a given debtor? Can it trace the link from sector activity to risk driver, from risk driver to financial transmission channel, and from there to credit relevance? Can it apply the same logic consistently across a large portfolio?<\/p><p style=\"font-weight: 400;\">If not, the institution does not yet practice sustainability risk integration. It has sustainability-themed information collection.<\/p><p style=\"font-weight: 400;\">Read more about this here: <a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/26\/automating-sustainability-risk-assessment-in-banks-pitfalls\/\">Automating sustainability risk assessment in banks \u2013 Pitfalls<\/a><\/p><p style=\"font-weight: 400;\">The EBA requirement is real. But the harder truth is that many banks are still trying to industrialise sustainability risk assessment before they have properly defined it.<\/p><p style=\"font-weight: 400;\">That is why so many programmes drift into generic questionnaires, fragmented data collection and climate-only shortcuts. These are not signs of progress. They are symptoms of a missing analytical foundation.<\/p><p style=\"font-weight: 400;\">The institutions that will get this right will not be those that gather the most information or deploy the most fashionable AI. They will be those that first build a credible global materiality framework, translate it into structured risk logic, and automate against that foundation with discipline.<\/p><p style=\"font-weight: 400;\">Banks do not have a data problem first. They have a risk-definition problem first.<\/p><h6><span style=\"color: #ff6600;\">Download our executive briefing here:<\/span><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f79c2bc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f79c2bc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b6bd5af\" data-id=\"b6bd5af\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ee4271 elementor-widget elementor-widget-wpdmpackage\" data-id=\"2ee4271\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpdmpackage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class='w3eden wpdm_package_shortcode'><!-- WPDM Link Template: Call to Action 1 -->\n\n<div class=\"well c2a1\">\n    <div class=\"media\">\n\n\n        <div class=\"media-body\">\n            <h3 class=\"media-heading\" style=\"padding-top: 0px;border:0px;margin: 0 0 5px 0;font-size:12pt;\"><a style=\"font-weight: 700\" href=\"https:\/\/www.sustainax.com\/index.php\/download\/a-practical-framework-for-eba-aligned-sustainability-risk-integration-in-corporate-lending\/\">A practical framework for EBA-aligned sustainability risk integration in corporate lending<\/a> <span style=\"margin-left:30px;font-size:8pt;font-weight:300\"><i style=\"margin: 2px 0 0 5px;opacity:0.5\" class=\"fa fa-th-large\"><\/i> 218.70 KB <i style=\"margin: 2px 0 0 5px;opacity:0.5\" class=\"fa fa-download\"><\/i> 2 downloads<\/span><\/h3>\n            Executive briefing for CEOs, CROs, heads of credit, credit managers, compliance officers...\n        <\/div>\n\n        <div class=\"ml-3\" align=\"right\">\n            <a href='#unlock' class='wpdm-download-link wpdm-download-locked btn btn-primary ' data-package='13427'>Download<\/a>\n        <\/div>\n\n    <\/div>\n\n<\/div>\n<style>.well.c2a1 .btn.wpdm-download-link{ padding: 11px 30px;font-size: 11pt; } .well.c2a1 .media-body{ font-size: 11pt; }<\/style><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eecb26a elementor-widget elementor-widget-text-editor\" data-id=\"eecb26a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><span style=\"color: #ff6600; font-weight: 400;\">All articles in the ESG risk for bank series:<\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87ba87f elementor-grid-eael-col-4 elementor-grid-tablet-eael-col-2 elementor-grid-mobile-eael-col-1 elementor-widget elementor-widget-eael-post-grid\" data-id=\"87ba87f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;eael_post_grid_columns&quot;:&quot;eael-col-4&quot;,&quot;eael_post_grid_columns_tablet&quot;:&quot;eael-col-2&quot;,&quot;eael_post_grid_columns_mobile&quot;:&quot;eael-col-1&quot;}\" data-widget_type=\"eael-post-grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"eael-post-grid-87ba87f\" class=\"eael-post-grid-container\">\n            <div class=\"eael-post-grid eael-post-appender eael-post-appender-87ba87f eael-post-grid-style-one\" data-layout-mode=\"grid\"><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-13322 category-banks-esg-regulation-esg-research-esg-scoring-insight-investor\" data-id=\"13322\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash-300x200.png\" class=\"attachment-medium size-medium wp-image-13590\" alt=\"Banks-must-define-ESG-risk-first\" srcset=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash-300x200.png 300w, https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png 709w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/\" title=\"Banks cannot industrialise sustainability risk handling before they define it\">Banks cannot industrialise sustainability risk handling before they define it<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Banks cannot industrialise sustainability risk handling before they define it...<\/p><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\"><img alt='Dag A.D. MESSELT' src='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\" title=\"Posts by Dag A.D. MESSELT\" rel=\"author\">Dag A.D. MESSELT<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"27\/04\/2026\">27\/04\/2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-13315 category-banks-esg-regulation-esg-research-esg-scoring-insight-investor\" data-id=\"13315\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/22\/what-the-eba-actually-requires-from-banks-in-sustainability-risk-integration\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/EBA-regulation-ESG-risk-integration-credit-9hLDm16ELYg-unsplash-300x200.png\" class=\"attachment-medium size-medium wp-image-13589\" alt=\"EBA-regulation-ESG-risk-integration-credit\" srcset=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/EBA-regulation-ESG-risk-integration-credit-9hLDm16ELYg-unsplash-300x200.png 300w, https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/EBA-regulation-ESG-risk-integration-credit-9hLDm16ELYg-unsplash.png 709w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/22\/what-the-eba-actually-requires-from-banks-in-sustainability-risk-integration\/\" title=\"What the EBA actually requires from banks in sustainability risk integration\">What the EBA actually requires from banks in sustainability risk integration<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>BANKS &#8211; What the EBA actually requires in sustainability risk...<\/p><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/22\/what-the-eba-actually-requires-from-banks-in-sustainability-risk-integration\/\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\"><img alt='Dag A.D. MESSELT' src='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\" title=\"Posts by Dag A.D. MESSELT\" rel=\"author\">Dag A.D. MESSELT<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"22\/04\/2026\">22\/04\/2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-13297 category-banks-esg-regulation-esg-research-esg-scoring-insight\" data-id=\"13297\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/19\/why-most-bank-questionnaires-on-sustainability-fail\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-questionaires-and-process-for-banks-npxXWgQ33ZQ-unsplash-300x200.png\" class=\"attachment-medium size-medium wp-image-13587\" alt=\"Failed-ESG-risk-questionaires-and-process-for-banks\" srcset=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-questionaires-and-process-for-banks-npxXWgQ33ZQ-unsplash-300x200.png 300w, https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-questionaires-and-process-for-banks-npxXWgQ33ZQ-unsplash.png 709w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/19\/why-most-bank-questionnaires-on-sustainability-fail\/\" title=\"Why most bank questionnaires on sustainability fail\">Why most bank questionnaires on sustainability fail<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Why most bank questionnaires on sustainability fail Collecting debtor information...<\/p><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/19\/why-most-bank-questionnaires-on-sustainability-fail\/\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\"><img alt='Dag A.D. MESSELT' src='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\" title=\"Posts by Dag A.D. MESSELT\" rel=\"author\">Dag A.D. MESSELT<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"19\/04\/2026\">19\/04\/2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><article class=\"eael-grid-post  eael-post-grid-column eael-pg-post-13278 category-banks-esg-research-esg-scoring-insight-investor\" data-id=\"13278\">\n        <div class=\"eael-grid-post-holder\">\n            <div class=\"eael-grid-post-holder-inner\"><div class=\"eael-entry-media\"><div class=\"eael-entry-overlay fade-in\"><i class=\"fas fa-long-arrow-alt-right\" aria-hidden=\"true\"><\/i><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/11\/automating-sustainability-risk-assessment-in-banks-pitfalls\/\"><\/a><\/div><div class=\"eael-entry-thumbnail \">\n                <img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-automation-by-banks-f2JMVDnarks-unsplash-300x169.png\" class=\"attachment-medium size-medium wp-image-13588\" alt=\"Failed-ESG-risk-automation-by-banks\" srcset=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-automation-by-banks-f2JMVDnarks-unsplash-300x169.png 300w, https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Failed-ESG-risk-automation-by-banks-f2JMVDnarks-unsplash.png 683w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n            <\/div>\n        <\/div><div class=\"eael-entry-wrapper\"><header class=\"eael-entry-header\"><h2 class=\"eael-entry-title\"><a class=\"eael-grid-post-link\" href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/11\/automating-sustainability-risk-assessment-in-banks-pitfalls\/\" title=\"Automating sustainability risk assessment in banks &#8211; Pitfalls\">Automating sustainability risk assessment in banks &#8211; Pitfalls<\/a><\/h2><\/header><div class=\"eael-entry-content\">\n                        <div class=\"eael-grid-post-excerpt\"><p>Automating sustainability risk assessment &#8211; Pitfalls Why deterministic design beats...<\/p><a href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/11\/automating-sustainability-risk-assessment-in-banks-pitfalls\/\" class=\"eael-post-elements-readmore-btn\">Read More<\/a><\/div>\n                    <\/div><div class=\"eael-entry-footer\"><div class=\"eael-author-avatar\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\"><img alt='Dag A.D. MESSELT' src='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=192&#038;d=mm&#038;r=g 2x' class='avatar avatar-96 photo' height='96' width='96' \/><\/a><\/div><div class=\"eael-entry-meta\"><span class=\"eael-posted-by\"><a href=\"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/\" title=\"Posts by Dag A.D. MESSELT\" rel=\"author\">Dag A.D. MESSELT<\/a><\/span><span class=\"eael-posted-on\"><time datetime=\"11\/04\/2026\">11\/04\/2026<\/time><\/span><\/div><\/div><\/div><\/div>\n        <\/div>\n    <\/article><\/div>\n            <div class=\"clearfix\"><\/div>\n        <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13590,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,10,9,13,6,3],"tags":[],"class_list":["post-13322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banks","category-esg-regulation","category-esg-research","category-esg-scoring","category-insight","category-investor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banks cannot industrialise sustainability risk handling before they define it - SustainAX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks cannot industrialise sustainability risk handling before they define it - SustainAX\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/\" \/>\n<meta property=\"og:site_name\" content=\"SustainAX\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-27T10:44:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-27T14:22:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png\" \/>\n\t<meta property=\"og:image:width\" content=\"709\" \/>\n\t<meta property=\"og:image:height\" content=\"473\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dag A.D. MESSELT\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dag A.D. MESSELT\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/\"},\"author\":{\"name\":\"Dag A.D. MESSELT\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#\\\/schema\\\/person\\\/4ce37cc3a7290d1d8ad0fa377055b127\"},\"headline\":\"Banks cannot industrialise sustainability risk handling before they define it\",\"datePublished\":\"2026-04-27T10:44:57+00:00\",\"dateModified\":\"2026-04-27T14:22:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/\"},\"wordCount\":1281,\"publisher\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png\",\"articleSection\":[\"Banks\",\"ESG Regulation\",\"ESG Research\",\"ESG scoring\",\"INSIGHT\",\"Investor\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/\",\"url\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/\",\"name\":\"Banks cannot industrialise sustainability risk handling before they define it - SustainAX\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png\",\"datePublished\":\"2026-04-27T10:44:57+00:00\",\"dateModified\":\"2026-04-27T14:22:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png\",\"contentUrl\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png\",\"width\":709,\"height\":473,\"caption\":\"Banks-must-define-ESG-risk-first\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/2026\\\/04\\\/27\\\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.sustainax.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banks cannot industrialise sustainability risk handling before they define it\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#website\",\"url\":\"https:\\\/\\\/www.sustainax.com\\\/\",\"name\":\"SustainAX\",\"description\":\"European ESG Research and Sustainable Finance Expertise\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.sustainax.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#organization\",\"name\":\"SustainAX\",\"url\":\"https:\\\/\\\/www.sustainax.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/SustainAX-version-FAVicon190X190-FINAL-2021-01-11.png\",\"contentUrl\":\"https:\\\/\\\/www.sustainax.com\\\/wp-content\\\/uploads\\\/2021\\\/01\\\/SustainAX-version-FAVicon190X190-FINAL-2021-01-11.png\",\"width\":190,\"height\":190,\"caption\":\"SustainAX\"},\"image\":{\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/sustainax\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.sustainax.com\\\/#\\\/schema\\\/person\\\/4ce37cc3a7290d1d8ad0fa377055b127\",\"name\":\"Dag A.D. MESSELT\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g\",\"caption\":\"Dag A.D. MESSELT\"},\"url\":\"https:\\\/\\\/www.sustainax.com\\\/index.php\\\/author\\\/dag-admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banks cannot industrialise sustainability risk handling before they define it - SustainAX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/","og_locale":"en_GB","og_type":"article","og_title":"Banks cannot industrialise sustainability risk handling before they define it - SustainAX","og_description":"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 [&hellip;]","og_url":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/","og_site_name":"SustainAX","article_published_time":"2026-04-27T10:44:57+00:00","article_modified_time":"2026-04-27T14:22:48+00:00","og_image":[{"width":709,"height":473,"url":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png","type":"image\/png"}],"author":"Dag A.D. MESSELT","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Dag A.D. MESSELT","Estimated reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#article","isPartOf":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/"},"author":{"name":"Dag A.D. MESSELT","@id":"https:\/\/www.sustainax.com\/#\/schema\/person\/4ce37cc3a7290d1d8ad0fa377055b127"},"headline":"Banks cannot industrialise sustainability risk handling before they define it","datePublished":"2026-04-27T10:44:57+00:00","dateModified":"2026-04-27T14:22:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/"},"wordCount":1281,"publisher":{"@id":"https:\/\/www.sustainax.com\/#organization"},"image":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#primaryimage"},"thumbnailUrl":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png","articleSection":["Banks","ESG Regulation","ESG Research","ESG scoring","INSIGHT","Investor"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/","url":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/","name":"Banks cannot industrialise sustainability risk handling before they define it - SustainAX","isPartOf":{"@id":"https:\/\/www.sustainax.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#primaryimage"},"image":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#primaryimage"},"thumbnailUrl":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png","datePublished":"2026-04-27T10:44:57+00:00","dateModified":"2026-04-27T14:22:48+00:00","breadcrumb":{"@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#primaryimage","url":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png","contentUrl":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2026\/04\/Banks-must-define-ESG-risk-first-WkdzUQrKWys-unsplash.png","width":709,"height":473,"caption":"Banks-must-define-ESG-risk-first"},{"@type":"BreadcrumbList","@id":"https:\/\/www.sustainax.com\/index.php\/2026\/04\/27\/banks-cannot-industrialise-sustainability-risk-handling-before-they-define-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sustainax.com\/"},{"@type":"ListItem","position":2,"name":"Banks cannot industrialise sustainability risk handling before they define it"}]},{"@type":"WebSite","@id":"https:\/\/www.sustainax.com\/#website","url":"https:\/\/www.sustainax.com\/","name":"SustainAX","description":"European ESG Research and Sustainable Finance Expertise","publisher":{"@id":"https:\/\/www.sustainax.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sustainax.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.sustainax.com\/#organization","name":"SustainAX","url":"https:\/\/www.sustainax.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.sustainax.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2021\/01\/SustainAX-version-FAVicon190X190-FINAL-2021-01-11.png","contentUrl":"https:\/\/www.sustainax.com\/wp-content\/uploads\/2021\/01\/SustainAX-version-FAVicon190X190-FINAL-2021-01-11.png","width":190,"height":190,"caption":"SustainAX"},"image":{"@id":"https:\/\/www.sustainax.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/sustainax"]},{"@type":"Person","@id":"https:\/\/www.sustainax.com\/#\/schema\/person\/4ce37cc3a7290d1d8ad0fa377055b127","name":"Dag A.D. MESSELT","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9ce0575d52e7e20408fa8dc1ed7c5aa5c3b2be4fccc265cc11de7a76d2fbb546?s=96&d=mm&r=g","caption":"Dag A.D. MESSELT"},"url":"https:\/\/www.sustainax.com\/index.php\/author\/dag-admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/posts\/13322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/comments?post=13322"}],"version-history":[{"count":96,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/posts\/13322\/revisions"}],"predecessor-version":[{"id":13586,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/posts\/13322\/revisions\/13586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/media\/13590"}],"wp:attachment":[{"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/media?parent=13322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/categories?post=13322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sustainax.com\/index.php\/wp-json\/wp\/v2\/tags?post=13322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}