ECB wants to take climate score into account

The European Central Bank (ECB) intends to pay even closer attention to climate protection criteria when buying corporate bonds in the future. For this purpose, it will take into account a so-called climate score – a score regarding the emission of greenhouse gases and the company’s climate targets – in all purchases of such bonds from October. As the ECB further announced on Monday, this will initially apply to the reinvestment of maturing cash from existing bonds.

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