Climate-related financial disclosures
Tackling climate change starts with having reliable data. Only then can we accurately measure our impact on the climate and understand the risks we face. This gives us a basis for taking meaningful and effective action.
What kind of information do we disclose?
Our disclosures provide detailed information on the carbon footprint and climate risk of the financial assets held by the European Central Bank (ECB) and the euro area national central banks, collectively known as the Eurosystem. Increased transparency means we can better understand our portfolios’ climate impact, make more well-informed decisions about achieving our climate goals and help others to better understand climate risk and impact. In 2023, the ECB and other Eurosystem central banks started collectively publishing climate-related financial disclosures. These disclosures are updated once a year.
Over time, these disclosures will reflect our efforts to decarbonise portfolios on a path that supports the goals of the Paris Agreement. They will also help us to monitor our progress and inform future adjustments of our measures, if needed.
What do the disclosures cover?
The ECB publishes disclosures for financial assets in portfolios that Eurosystem central banks hold for monetary policy purposes and for the ECB’s foreign reserves. In addition, all Eurosystem central banks publish disclosures for their non-monetary policy portfolios, which they each manage under their own responsibility.
One harmonised approach in the euro area
All disclosures are prepared in line with a Eurosystem common minimum disclosure framework based on the recommendations of the Task Force on Climate-related Financial Disclosures and the Partnership for Carbon Accounting Financials.
A list of Eurosystem disclosures is provided below.
Overview of Eurosystem climate-related financial disclosures
Euro area | European Central Bank |
Österreich | Oesterreichische Nationalbank |
Belgien | Nationale Bank van België/Banque Nationale de Belgique |
Kroatien | Hrvatska narodna banka |
Zypern | Central Bank of Cyprus |
Estland | Eesti Pank |
Finnland | Suomen Pankki – Finlands Bank |
Frankreich | Banque de France |
Deutschland | Deutsche Bundesbank |
Griechenland | Bank of Greece |
Irland | Central Bank of Ireland |
Italien | Banca d’Italia |
Lettland | Latvijas Banka |
Litauen | Lietuvos bankas |
Luxemburg | Banque centrale du Luxembourg |
Malta | Central Bank of Malta |
The Netherlands | De Nederlandsche bank |
Portugal | Banco de Portugal |
Slowakei | Národná banka Slovenska |
Slowenien | Bank Slovenije |
Spanien | Banco de España |