We are currently in the process of assessing ways we can enlarge the scope of assets and take sustainable investment criteria into account in our own funds. We also contribute to a Eurosystem working group on sustainability in the management of non-monetary portfolios.
As regards monetary policy, we have to be careful not to jeopardize our primary mandate of price stability by pursuing other policy objectives. However, since market neutrality is an integral principle of our monetary policy operations, sustainable assets are alongside the market within the scope of the Eurosystem’s asset purchase programme.