Skip to Primary Navigation

Latvijas Banka discusses ESG-related risks in the financial sector

Sunset city view with Vansu bridge (Vanu tilts), Daugava river and the old town on May 28, 2021 in Riga, Latvia
Photo: EyesWideOpen/Getty Images

Latvijas Bank’s Sustainability Consultative Forum discussed sectoral responsibilities in assessing ESG risks.

The financial sector, and specifically banks, have long been at the center of EU sustainability efforts. Before the European Green Deal and “financing green,” the first sustainability-related legislative initiatives came under the 2018 EU Action Plan on Financing Sustainable Growth, under “greening finance.”

Almost a decade later, amid a changing sustainability

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience