ECB���s Elderson: Bank Sustainability Offices Are ���So 2011���

The transcript discusses the commitments made by the Network for Greening the Financial System (NGFS) in the Glasgow Declaration, highlighting the involvement of 100 central banks and supervisors. It covers the challenges banks face with data gaps and the creation of a data repository to manage climate and biodiversity risks. The document also addresses the performance of banks in stress tests, future expectations, and the need for mandatory commitments to align with the Paris Accord.

How do the expectations for banks' sustainability practices differ from previous years?

What is the importance of integrating sustainability into the core business models of banks?

What is the role of the European Commission in relation to banks' climate commitments?