Brussels: Europe’s banks are asking investors not to pay too much attention to a new green metric due to be published in in the coming weeks, as early estimates show the industry woefully behind where it needs to be. The Green Asset Ratio( GAR), launched by the European Banking Authority( EBA) in 2021 with a deadline for 2024, measures the percentage of assets that aligns with the bloc’s list of sustainable business activities. The EBA in 2021 initially estimated the figure was about 7.9% on ave
综合
星报-商业
2024-01-26 00:00:00.0