Within the BSP, we have also embraced sustainability principles with the formal launch of our Sustainable Central Banking Program. This program, which will run from 2020–2023 will advance the sustainability agenda by fostering environmentally responsible and sustainable policies and work practices, as well as integrating Environmental, Social and Governance aspects, in the BSP’s key operations and functions.
4/5  BIS central bankers' speeches  The BSP is also active in both regional and global conversations on climate change and sustainable finance. Our recent membership to the Network for Greening the Financial System (NGFS) has elevated our initiatives in this area, particularly on climate stress testing.