DNB, together with the ECB and other central banks, is publishing new sustainability figures for the financial sector this week. Why, in fact? And what exactly are we measuring? See the Q&As below.Read more
Sustainable Finance Platform
Forging connections, encouraging action, promoting partnerships: that is the purpose of the Sustainable Finance Platform. Through this platform, the financial sector, supervisory authorities and government ministries work together on sustainability initiatives.
In 2016, De Nederlandsche Bank (DNB) established the Sustainable Finance Platform. The ambition of the platform is to promote sustainability in the Netherlands, for example by removing barriers to sustainable financing and collaborating on sustainability initiatives. Platform chair Olaf Sleijpen points out that many financial institutions are launching valuable initiatives. “The platform enables them to connect with one another, with the government and supervisory authorities." This provides a powerful impulse to sustainable finance.''
Ten organisations are currently working together in the Sustainable Finance Platform.
De Nederlandsche Bank (chair)
Olaf Sleijpen, Executive Director
Dutch Banking Association (Nederlandse Vereniging van Banken)
Medy van der Laan, Chair
Dutch Association of Insurers (Verbond van Verzekeraars)
Richard Weurding, Managing Director
Dutch Fund and Asset Management Association
Iris van de Looij, Managing Director
Federation of the Dutch Pension Funds
Ger Jaarsma, Chair
Dutch Authority for the Financial Markets
Laura van Geest, Chair of the Executive Board
Ministry of Finance
Joost Smits, Director of the Financial Markets Directorate
Ministry of Economic Affairs and Climate Policy
Niels Redeker, Deputy Director of the Climate Division
Sustainable Finance Lab
Rens van Tilburg, Managing Director
Joanne de Jonge, Directeur Strategy
What the Sustainable Finance Platform does
Each year, the platform's working groups select a number of themes to work on. Each working group represents a wide range of parties from the financial sector and other relevant actors. The working group members work out the timelines and steps to be taken for each of the themes. Their findings are presented to the platform and published. The working groups also present their findings at the platform's annual conference.
The platform meets twice a year.
The working groups are:
- Climate adaptation
- Sustainability communication
- SDG impact assessment
- Partnership for Carbon Accounting Financials (PCAF).
- Circular economy
- Carbon pricing
For more information, please contact Dorinde Meuzelaar via +31651963073.
The equity portfolios of Dutch pension funds and insurers have become significantly “greener” over the 2017-2020 period. This is mainly because investee companies have emitted less carbon over that period, according to an analysis by De Nederlandsche Bank (DNB).Read more
Companies in carbon-intensive sectors to which banks lend are not switching to sustainable alternatives quickly enough to meet the goals of the Paris Climate Agreement. This has emerged from an analysis conducted by DNB.Read more