This paper offers an initial assessment of the Italian banking sector’s alignment with the Eu Taxonomy Regulation. Our approach involves two aspects: firstly, an examination of the alignment of credit portfolios based on banks’ Non-Financial Statements, and secondly, an exploration of the degree of coherence between banks’ Esg scores and their adherence to Taxonomy criteria. Our analysis employs both descriptive and quantitative methods, utilizing a sample of significant Italian banks. The results indicate a need for greater consistency, underscoring a significant divergence between internal and external Esg assessments. This study paves the way for future research, particularly in the context of evolving sustainability disclosure requirements and their gradual implementation.
