Managing climate risks
The initiative was launched in cooperation with Österreichische Nationalbank (OeNB) and the Financial Market Authority (FMA). One of the concrete results of this initiative was the publication of the “FMA Guide for Managing Sustainability Risks”.
The guide is intended to help establish a mutual understanding between the FMA and the supervised companies and to ensure a level playing field. It is available to banks, insurance companies, asset managers, pension funds, and company retirement funds as a cross-sector source of information.