We also recognise that sustainability is critical for our long-term future and are considering how we can incorporate sustainability objectives into our balance sheet operations. However we are mindful that any changes to our balance sheet need to be aligned with our ability to effectively and efficiently execute our existing policy objectives.
(2020), “The shadow of fiscal dominance: Misconceptions, perceptions and perspectives”, speech  at the Centre for European Reform and the Eurofi Financial Forum on “Is the current ECB monetary policy doing more harm than good and what are the alternatives?”, Berlin, 11 September. 4 3/4  BIS central bankers' speeches  4 Schnabel, I.