Bank of Finland signs the UN Principles for Responsible Investment as part of our sustainability programme
‘We are strengthening our practices in responsible investment at the Bank of Finland. In signing the Principles for Responsible Investment we commit to incorporating the various responsibility factors in our investment processes as well as ownership policies and practices,’ stated Member of the Board Tuomas Välimäki. The Bank of Finland also commits to reporting progress in responsible investment.
Responsible investment is a key part of the Bank of Finland's sustainability programme that was published today. The foundations of the Bank of Finland's sustainability lie in our core activities. The Bank's task is to contribute to ensuring price stability, the reliability of the financial system and security and inclusion in the context of payment systems. By executing these duties in line with our statutory objectives, the Bank of Finland serves Finnish society in the best possible way.
The Bank of Finland plays a role in building a society that is socially and ecologically sustainable. In our activities, we recognise the expectations of stakeholders and changes in the operating environment. In the immediate years ahead, our sustainability programme will focus on sustainable growth and promotion of wellbeing, exercise of influence via information and cooperation as well as management of climate risks. The Bank of Finland's activities will be guided broadly from the perspective of sustainability, and the impacts of activities will be assessed based on our sustainability objectives.
The implementation of the sustainability programme will be guided by the joint sustainability network of the Bank of Finland and the Financial Supervisory Authority, established in October 2019. ’Sustainability themes, for example the management of climate risks, require authorities to adopt a new approach. National and international cooperation are increasingly important in sustainability action,’ emphasised the Bank’s Deputy Governor Marja Nykänen.
For further information, please contact:
Marja Nykänen, Deputy Governor (Head of the sustainability network), tel. +358 9 183 2007.
Tuomas Välimäki, Member of the Board (responsible for Bank of Finland investment activities), tel. +358 9 183 2005.
The PRI is a global network for investors and financial sector entities that have committed to incorporating the Principles in their investment practices. Further information: www.unpri.org.
Keywords
Images
Links
About Suomen Pankki
The Bank of Finland is the national monetary authority and central bank of Finland. At the same time, it is also a part of the Eurosystem, which is responsible for monetary policy and other central bank tasks in the euro area and administers use of the world’s second largest currency – the euro.
Subscribe to releases from Suomen Pankki
Subscribe to all the latest releases from Suomen Pankki by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Suomen Pankki
Medialle: BOFIT julkaisee Kiinan talouden ennusteen maanantaina 22.4.18.4.2024 10:15:15 EEST | Kutsu
Suomen Pankin nousevien talouksien tutkimuslaitos BOFIT julkaisee ennusteen Kiinan talouden kehityksestä maanantaina 22.4.2024 kello 13. Ennuste julkaistaan osoitteessa bofit.fi. Median edustajien on mahdollista saada ennuste embargolla maanantaina aamupäivällä. Pyydämme ilmoittautumaan embargojakelulistalle viimeistään maanantaina 22.4. klo 9.00. Ilmoittaudu embargojakelulistalle BOFIT julkaisee ennusteen Kiinan talouskehityksestä keväisin ja syksyisin. Lisätiedot: Suomen Pankin viestintä, media@bof.fi, p. 09 183 2101.
Meri Obstbaum appointed Adviser to the Board of the Bank of Finland, and Kimmo Virolainen’s position as Adviser to the Board was renewed17.4.2024 15:00:00 EEST | Press release
The Board of the Bank of Finland has appointed Meri Obstbaum, DSc (Econ. & Bus. Adm.), and Kimmo Virolainen, DSc (Econ. & Bus. Adm.), as Advisers to the Board. These appointments are for a five-year term. Obstbaum will also head the Bank’s Monetary Policy Preparation Process. Virolainen will head the Bank’s International Economic Policy Process.
Meri Obstbaum förordnad till rådgivare åt Finlands Banks direktion, Kimmo Virolainen fortsätter som rådgivare åt direktionen17.4.2024 15:00:00 EEST | Tiedote
Finlands Banks direktion har förordnat pol.dr Meri Obstbaum och pol. dr Kimmo Virolainen till rådgivare åt direktionen. Förordnandena gäller för en period på fem år. Meri Obstbaum svarar också för processen för penningpolitisk beredning. Kimmo Virolainen är chef för processen för den internationella ekonomin.
Meri Obstbaum johtokunnan neuvonantajaksi ja Kimmo Virolainen jatkaa johtokunnan neuvonantajana17.4.2024 15:00:00 EEST | Tiedote
Suomen Pankin johtokunta on määrännyt neuvonantajikseen KTT Meri Obstbaumin ja KTT Kimmo Virolaisen. Tehtävät ovat viiden vuoden määräajaksi. Meri Obstbaumin vastuulla on samanaikaisesti rahapolitiikan valmisteluprosessi. Kimmo Virolainen toimii kansainvälisen talouden prosessin päällikkönä.
Bank of Finland Governor to attend IMF Spring Meeting17.4.2024 11:00:00 EEST | Press release
The Governor of the Bank of Finland, Olli Rehn will participate in the International Monetary Fund’s Spring Meeting in Washington DC, on 18–19 April 2024. Governor Rehn represents Finland on the Fund’s Board of Governors.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom