Climate change and the energy transition are key challenges facing the economy and the financial sector. De Nederlandsche Bank (DNB) today presents its first progress report on financial climate-related risks and opportunities in its areas of responsibility, as part of its Annual Report.
In our report, we follow the recommendations of the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD). The report discloses the steps we take to identify and mitigate climate-related risks in our areas of responsibility, which are asset and liability management, supervision of the financial sector, economic advice and statistics. For example, we carried out a stress test to examine our balance sheet in relation to risks presented by the energy transition. In addition, we identified the carbon footprint of our own-account investments. In our report, we also describe how we encourage financial institutions subject to our supervision to manage their sustainability risks.
We have based our progress report on the globally adopted recommendations issued by the TCFD. This makes us one of the first central banks in the world to report in accordance with this approach, following in the footsteps of the Bank of England. We plan to elaborate our report further each year to ensure that financial climate-related risks and opportunities are firmly embedded in our areas of responsibility.
More information Annual Report 2020
Dutch insurers and pension funds invest not only directly in listed equity and corporate bonds, but also indirectly via investment funds. New DNB figures on CO2 emissions of non-financial corporations relate to both types of investments and provide a more complete..
Read more Carbon footprint of Dutch insurers and pension funds in sharper focus
Prof. Mirjam van Praag has been reappointed to the Supervisory Board of De Nederlandsche Bank (DNB) effective from 1 October 2024. Minister of Finance Eelco Heinen, representing the Shareholder, decided this on the recommendation of the Supervisory Board.
Read more Mirjam van Praag reappointed to DNB’s Supervisory Board
Esther Bunnik has been appointed Head of the Communications department with effect from 15 November 2024. She succeeds Ben Feiertag, who is leaving DNB from 1 December.
Read more Esther Bunnik neuw Head of the Communications department
On the recommendation of the Supervisory Board of De Nederlandsche Bank (DNB), Dutch Finance Minister Eelco Heinen, on behalf of the shareholder, has decided to appoint Hendrik Jan Biemond as a member of the Supervisory Board for an initial four-year term of office from 1 September 2024.
Read more Hendrik Jan Biemond appointed to DNB Supervisory Board from 1 September
