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