据ESG Today网站，欧洲中央银行 (ECB) 近日宣布首次发布其企业部门和非货币
政策组合的气候相关财务披露，表明欧元体系 3850 亿欧元的企业证券持有量在脱碳方面取得了进展。
开始提高与气候相关的透明度的举措构成了欧洲央行于 2021 年启动的气候行动计划的关键部分，其中包括进一步将气候变化考虑因素纳入其货币政策框架以及提高其风险的举措评估工具和能力，以更好地纳入气候相关风险，并改进气候风险的外部评估。
欧洲央行行长克里斯蒂娜拉加德说：
“这些披露是我们努力应对气候变化的又一
难题。它们让我们清楚地了解我们在投资组合脱碳方面取得的进展，随着时间的推移，它们将帮助我们制定实现《巴黎协定》目标的最有效路线。”
欧洲央行的新报告涵盖了欧元体系的企业证券持有量以及央行的非货币政策投资组合，包括其自有基金投资组合和员工养老基金，提供的信息包括投资组合的
碳足迹和气候风险敞口，以及与气候相关的治理、战略和风险管理。
根据该报告，欧元体系投资组合的
碳强度在过去几年中显着下降，2018 年至 2022 年间，每百万欧元收入产生的二氧化碳吨数下降了30%，降至262吨二氧化碳当量。虽然投资组合范围1和范围2的总排放量在过去几年有所增加，但增长是由于投资组合资产的增加，投资组合规模自2018年以来增长了123%，远高于排放量增长 62%。
欧洲央行将投资组合碳强度的下降归因于驱动因素，包括发行人的脱碳努力。
开始促进脱碳路径的另一个因素包括欧洲央行努力随着时间的推移将其公司债券投资组合向气候表现更强的发行人倾斜。欧洲央行于2022年7月宣布 ，它将开始将气候变化考虑因素纳入其货币政策框架，其行动包括随着时间的推移对其持有的公司债券组合进行脱碳，以及引入与气候相关的抵押品披露要求。
虽然倾斜举措只进行了很短的时间，但新的欧洲央行报告表明这一努力取得了重大进展，显示 2022 年第四季度采购的加权平均碳强度与前三个季度相比下降了 65% 以上.
展望未来，欧洲央行表示，除了每年提供与气候相关的投资组合更新外，它还旨在扩大披露范围，以涵盖更多投资组合。中央银行还透露，其管理委员会将考虑为其企业部门投资组合设定脱碳目标。
英文原文：
ECB Discloses Decarbonization Progress of €385 Billion Corporate Bond Portfolio
The European Central Bank (ECB) announced today the publication of its first climate-related financial disclosures for its corporate sector and non-monetary policy portfolios, indicating progress towards the decarbonization of the Eurosystem’s €385 billion of corporate securities holdings.
The move to begin increasing climate-related transparency forms a key part of the ECB’s climate action plan, launched by the central bank in 2021, which included initiatives to further incorporate climate change considerations into its monetary policy framework, as well as to enhance its risk assessment tools and capabilities to better include climate-related risks, and to improve the external assessment of climate risks.
ECB President Christine Lagarde said:
“These disclosures are a further piece of the puzzle in our efforts to contribute to fighting climate change. They give us a clear view of our progress in decarbonising our portfolios and, over time, they will help us to chart the most effective course towards the goals of the Paris Agreement.”
The ECB’s new reports, which cover the Eurosystem’s corporate security holdings as well as the central bank’s non-monetary policy portfolios, including its own funds portfolio and its staff pension fund, provide information including the portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related governance, strategy and risk management.
According to the report, the carbon intensity of the Eurosystem portfolio has declined significantly over the past few years, with tonnes of CO2 per millions of Euro of revenue falling by 30% between 2018 and 2022 to 262 tCO₂e. While total portfolio Scope 1 and 2 emissions have increased over the past few years, the growth was due to an increase in portfolio assets, with portfolio size growing 123% since 2018, well ahead of emissions growth of 62%.
The ECB attributed the decrease in portfolio carbon intensity to drivers including the decarbonization efforts of issuers.
An additional factor that has begun to contribute to the decarbonization pathway includes the ECB’s efforts to tilt its corporate bond portfolio over time towards issuers with stronger climate performance. The ECB announced in July 2022 that it would begin incorporating climate change considerations into its monetary policy framework, with actions including the decarbonization of its portfolio of corporate bond holdings over time, and the introduction of climate-related disclosure requirements for collateral.
While the tilting initiative has only been underway for a short time, the new ECB report indicates significant progress in this effort, revealing that weighted average carbon intensity of purchases in the fourth quarter of 2022 fell by more than 65% compared with the prior three quarters.
Going forward, the ECB said that in addition to providing climate-related updates on the portfolios annually, it also aims to expand the scope of the disclosures to cover additional portfolios. The central bank also revealed that its governing council will consider setting decarbonization targets for its corporate sector portfolios.
