Aplicação do custo amortizado em empréstimos ESG

Abstract

The amendments to IFRS 9 and IFRS 7, published by the International Accounting Standards Board (IASB) in May 2024, resulted from the post-implementation review of IFRS 9 and aimed to clarify the classification and measurement of financial instruments, particularly regarding the Solely Payments of Principal & Interest (SPPI) test applied to instruments with Environmental, Social, and Corporate Governance (ESG) features. The amendments also introduced new disclosure requirements. This study aims to assess the impact of the amendments to IFRS 9 and IFRS 7 on the European banking sector by analysing the extent of early adoption and the quality of disclosures related to financial instruments with ESG characteristics. The research is based on the analysis of annual reports and financial statements and is structured around three main research questions, identifying potential divergences in disclosure practices adopted by European banks regarding the accounting treatment of ESG-related financial instruments, examining whether the draft amendments to IFRS 9 have already influenced the measurement of these instruments, and assessing the extent to which current disclosures align with the requirements set out in the amendments to IFRS 7. The results show that the level of preparedness among banking institutions remains limited, with disclosures being mostly descriptive and rarely quantified. Although some examples of good practice can be observed, the sector is still in a preparatory phase, reflecting a reactive rather than proactive approach to standardization in response to existing practices.

Date of Award	15 Dec 2025
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Luísa Anacoreta (Supervisor)