The ECB has identified climate-related risks as a key factor in the SSM Risk Map for the euro area banking system. The SSM
further considers that banks should adopt a strategic, forward-looking and comprehensive approach to climate-related and environmental risks.
Pertinent publications in this area include most notably:
- Supervisory assessment of institution’s climate-related and environmental risks disclosures
- 2022
- The state of climate and environmental risk management in the banking sector
– 2021
- Guide on climate-related and environmental risks
– 2020
- ECB report on institutions’ climate-related and environmental risk disclosures
– 2020