Peru's Superintendency of Banking, Insurance and Private Pension Funds Administrators (SBS) hosted an event on building a greener and more inclusive financial sector, bringing together the banking, insurance and pensions industries to review current sustainability disclosure practices and climate-related risk management. The SBS presented two technical studies on climate stress testing and the estimation of losses from catastrophic events, alongside a diagnostic prepared by Environmental Resources Management that found “medium” progress in sustainability disclosure practices across the financial, pensions and insurance sectors and recommended further advances. The session also covered the use of environmental, social and governance (ESG) criteria in sector decision-making and the benefits and challenges associated with sustainability disclosures, with the SBS reiterating that its roadmap published last year is intended to guide continued work on system sustainability.
Superintendencia de Banca, Seguros y AFP del Peru 2025-10-28
Peru's Superintendency of Banking, Insurance and Private Pension Funds Administrators presents climate stress testing and catastrophe loss studies at sustainability disclosure event
Peru's Superintendency of Banking, Insurance and Private Pension Funds Administrators (SBS) hosted an event on sustainability disclosure practices and climate-related risk management in the financial sector. The SBS presented studies on climate stress testing and catastrophic loss estimation, highlighting medium progress in sustainability disclosures. The session also addressed ESG criteria in decision-making and reiterated the SBS's roadmap for enhancing system sustainability.