The Bank of Italy plans to adopt investment criteria which reward companies that...
FILE PHOTO: Banca D'Italia sign is seen in downtown Rome, Italy, October 19, 2018. REUTERS/Alessandro Bianchi
The criteria will apply by end-June to the Italian central bank’s roughly 8 billion euros in shareholdings and later be extended to its 1 billion euros in corporate bond holdings, the bank said in a statement posted on its web site. The Bank of Italy is a member of the Network for Greening the Financial System, a global financial group which treats climate change as a threat to financial stability.
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