News Formal

Irish banks not managing climate and environmental risks, says ECB | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Irish banks not managing climate and environmental risks, says ECB. danieltmurray reports.

AIB said sustainability was one of the bank’s five strategic pillars. Picture: Bloomberg

Ireland’s main domestic banks are not yet assessing and managing climate and environmental risks to a sufficient level, according to the European Central Bank. In a first-of-its-kind report, released at the end of 2021, the ECB assessed the state of climate and environmental risk management in the banking sector across Europe. The ECB assessed all qualifying banks according to their implementation of climate and environmental risk management across their business models, their...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish whiskey sales to exceed 13m cases for the first time ever | Business PostIrish Whiskey Association warns the sector is still facing uncertainty despite strong sales – WhyteBarry reports.
Source: businessposthq - 🏆 8. / 71 Read more »

Domino’s Irish franchise pays €8m dividend as profits jump 17% | Business PostShorecal Limited operates 27 Domino’s outlets around Ireland and increased turnover to €55 million despite ‘lower than expected’ trading activity
Source: businessposthq - 🏆 8. / 71 Read more »