ECB slams banks' climate disclosures as 'white noise'

EU banks' climate risk disclosures are "a lot of white noise and no real substance," a leading executive at the European Central Bank (ECB) has

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Camille Andre
Camille Andre

ECB slams banks' climate disclosures as 'white noise'

EU banks' climate risk disclosures are "a lot of white noise and no real substance," a leading executive at the European Central Bank (ECB) has

3 years ago

ECB slams banks' climate disclosures as 'white noise'

EU banks' climate risk disclosures are "a lot of white noise and no real substance," a leading executive at the European Central Bank (ECB) has said, as its latest analysis revealed no bank satisfies the ECB's basic rules.