Second, the Governing Council decided to restart net purchases under its asset purchase programme (APP) at a monthly pace of € billion as from 1 November. We expect them to run for as long as necessary to reinforce the accommodative impact of our policy rates, and to end shortly before we start raising the key ECB interest rates.
The ISSB aims to move "from the currently fragmented ESG disclosure landscape, that lacks connectivity and has conflicting concepts, to a truly global common language of sustainability-related financial disclosures, by clearly articulating the relationship between sustainability matters and financial value creation."