Central bankers tread carefully in move to ESG investing


Many central banks are starting to integrate environmental, social and governance (ESG) factors into their own investments, but they must tread carefully, officials warned today (June 10).

Audun Grønn, senior adviser to the governor at Norges Bank, said around 20% of the reserves portfolio is invested in companies that conform to sustainability metrics. But he noted reserves portfolios need to meet many criteria, with liquidity being essential.

Liliana Jerónimo, head of the markets and

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