The Bank of Finland’s sustainability work in 2022 included the provision of up-to-date, independent and research-based data on the wider economic impact of Russia’s war in Ukraine, and active work to further develop the Bank's responsible investment activities.

The Bank of Finland reported, in its Annual Report and other publications and reports, on the implementation of the goals set in its sustainability programme.

The Bank’s sustainability programme focuses on promoting sustainable growth and wellbeing, influencing policy and debate through information provision and active engagement, and managing climate risks.

Sustainability at the Bank of Finland: key examples

The Bank of Finland’s carbon footprint shrank by 18%.

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The Bank of Finland undertook to enhance diversity and equal treatment by becoming a signatory to the equality, diversity and inclusion charter of the European System of Central Banks (ESCB).

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The Bank of Finland, as part of the Eurosystem, selects for securities reinvestment purposes issuers whose business is sustainable from the climate perspective.

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Within the Network for Greening the Financial System (NGFS), the Bank of Finland promoted the production of global and comparable climate data.

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The Bank of Finland proposed a legislative initiative for safeguarding a sufficient level of cash services in Finland.

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The Bank of Finland updated its principles of responsible investment and excluded fossil fuel producers from its portfolio.

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The Bank of Finland provided up-to-date, independent and research-based data on the wider economic impact of Russia’s war in Ukraine.

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The Bank of Finland and other public authorities together prepared backup systems aimed at protecting the ability to make everyday payments under all circumstances.

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