Banks must account for climate-related and environmental risks, writes Supervisory Board Vice-Chair @FrankElderson in #TheSupervisionBlog.

Our thematic review shows significant shortcomings on risk identification, strategy and living up to commitments https://www.bankingsupervision.europa.eu/press/blog/2022/html/ssm.blog221102~398faec8ca.en.html

🐦🔗: https://nitter.eu/ecb/status/1587750062662230017