The Central Bank of Latvia has published its annual climate-related disclosures for non-monetary policy portfolios, covering the 2025 calendar year. The report shows further integration of sustainability into investment decisions, broader climate reporting and a 75% reduction in the carbon footprint of the developed markets equity portfolio since the sustainability strategy was introduced in 2022. It is prepared in line with the Eurosystem’s common approach to climate disclosures and the recommendations of the Task Force on Climate-Related Financial Disclosures. The update says the bank has revised its developed markets equity portfolio guidelines by adjusting the Natural Capital and Pollution and Waste Theme factors. Disclosures now include Scope 3 relative greenhouse gas emissions for non-sovereign issuers, while previously reported metrics have been updated where more accurate data became available. The report also frames the portfolio approach around alignment with the Paris Agreement, the European Union’s climate neutrality goals and the Eurosystem’s climate policy, alongside the bank’s participation in the Network for Greening the Financial System.
Central Bank of Latvia2026-07-01
Central Bank of Latvia reports 75% cut in equity portfolio carbon footprint in 2025 climate disclosures
The Central Bank of Latvia has released its 2025 climate-related disclosures for non-monetary policy portfolios, showing deeper sustainability integration and broader emissions reporting. The report adds Scope 3 relative greenhouse gas data for non-sovereign issuers and says the developed markets equity portfolio’s carbon footprint is down 75% since 2022. It is aligned with the Eurosystem’s common disclosure approach and the Task Force on Climate-Related Financial Disclosures recommendations.