ECB starts disclosing climate impact of portfolios on road to Paris-alignment

The European Central Bank (ECB) has today published its first climate-related financial disclosures, which provide information on its portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related governance, strategy and risk management.

Presented in two reports, the disclosures cover the Eurosystem's corporate security holdings under the corporate sector purchase programme (CSPP) and the pandemic emergency purchase programme (PEPP), as well as the ECB's euro-denominated non-monetary policy portfolios (NMPPs), including its own funds portfolio and its staff pension fund.