23 March 2023

• First climate-related disclosures show Eurosystem corporate sector portfolios and ECB non-monetary policy portfolios on decarbonisation path
• Disclosures reflect Eurosystem-wide effort to boost transparency
• Eurosystem to disclose climate-related information on additional portfolios

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.

“These disclosures are a further piece of the puzzle in our efforts to contribute to…