No bank meets ECB expectations on climate disclosures
Supervisor sees progress since 2020 report, but significant gaps remain unaddressed
No bank met the European Central Bank’s expectations in the supervisor’s latest assessment on climate change risks disclosures, the ECB revealed today (March 14).
The ECB acknowledged there had been some progress since the latest assessment, carried out in 2020, but said significant gaps remained unaddressed.
“Regulation of climate and environmental risk disclosures will become stricter in the coming years, with market participants and the public increasingly expecting more information,” said
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