Europees
ECB publishes report on the supervisory review of banks' approaches to manage climate and environmental risks
On 22 November 2022, the European Central Bank (ECB) published its first-ever large-scale assessment of how European banks are adjusting their practices to manage climate and environmental (C&E) risks, in line with the expectations set out in the November 2020 ECB Guide on C&E risks. The ECB concludes that banks have taken initial steps towards incorporating climate-related risks, but none...