Climate-related financial disclosures for the non-monetary policy portfolios of the Bank of Greece.
The Bank of Greece has adopted the Eurosystem’s common stance for climate change-related sustainable and responsible investment principles for euro-denominated non-monetary policy portfolios. In line with this common stance, the Bank of Greece has, since March 2023, started to publish climate-related financial disclosures, providing information on the climate footprint of its euro-denominated non-monetary policy portfolios, using a common framework that defines minimum reporting requirements based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) of the Financial Stability Board (FSB) and of the Network for Greening the Financial System (NGFS), regarding metrics and targets for the evaluation and management of climate risks associated with these portfolios.