Bundesbank analyzes climate and biodiversity risks to the European financial system; drives data quality and sustainable investment strategy

Bundesbank analyzes climate and biodiversity risks to the European financial system; drives data quality and sustainable investment strategy 6 Targets and outlook | Bundesbank publications Climate change, and nature and biodiversity loss have an impact on economic variables such as growth, price stability and fiscal space. Bundesbank analyses show that these developments pose new challenges for the financial system (see Focus chapter ). The Bundesbank will therefore continue to integrate climate, nature and biodiversity-related aspects into its analyses. Moreover, it will further refine its own sustainability strategy and derive objectives from this for the individual core services and functions. In addition, it will build out its training and outreach activities regarding climate and nature-related risks. The Bundesbank continues to advocate for a sustainable economic and financial system on national and international committees like the SFC and the NGFS . ...

June 15, 2026

Bundesbank implements sustainable investment strategies for its euro portfolio in Germany; Unsecured bonds rated by climate-focused sustainability score

Bundesbank implements sustainable investment strategies for its euro portfolio in Germany; Unsecured bonds rated by climate-focused sustainability score 3 Strategy | Bundesbank publications 3.1 Sustainable investment strategies for the Bundesbank’s own non-monetary policy portfolios 3.2 The Bundesbank as fiscal agent Climate and sustainability risks can threaten the financial viability of particularly affected businesses and states. To limit potential financial risks, the Bundesbank therefore considers sustainability aspects when choosing what assets to invest in. Through its investment activities, the Bundesbank also aims to promote climate protection and sustainability within its statutory mandate. For this reason, the Bundesbank has implemented sustainable investment strategies for its own non-monetary policy portfolios ...

June 15, 2026

Bundesbank erweitert klima- und naturbezogene Aktivitäten in Deutschland; erstmals Offenlegung von Scope-3-Emissionen im Euro-Portfolio

Bundesbank erweitert klima- und naturbezogene Aktivitäten in Deutschland; erstmals Offenlegung von Scope-3-Emissionen im Euro-Portfolio Klimabericht 2026: Bundesbank erweitert klima- und naturbezogene Aktivitäten | Deutsche Bundesbank Klimabericht 2026: Bundesbank erweitert klima- und naturbezogene Aktivitäten Die Bundesbank hat ihre klima- und naturbezogenen Aktivitäten im Jahr 2025 weiter ausgebaut , heißt es im aktuellen Klimabericht der Bundesbank. Dazu gehört etwa eine Analyse des Finanzsystems hinsichtlich Verwundbarkeiten aus Klimarisiken. Mit ihrem Klimabericht will die Bundesbank zur Transparenz über Klimarisiken und -auswirkungen im Finanzsektor beitragen. Daher legt sie auch die Klimabilanz ihrer eigenen Finanzanlagen offen. Erstmals werden die finanzierten Treibhausgasemissionen (Teil von Scope 3) von Geschäftsbanken betrachtet, deren Anleihen sie in ihrem in Euro geführten Eigenportfolio (Euro-Portfolio) hält. Bei diesen Scope 3-Emissionen handelt es sich um Treibhausgasemissionen, die Banken durch ihre Kreditvergabe und Investitionstätigkeit indirekt verursachen. ...

June 15, 2026