The Sustainable Finance Office (SFO) also facilitates the dialogue that we engage in with third parties on sustainability. In this way, we can jointly achieve progress in realising the sustainability ambitions for the Dutch economy and financial sector.
Commitment to a sustainable economy
We are committed to a sustainable economy and society in all our areas of activity. From supervising financial institutions’ climate risk management to issuing sustainable banknotes. And from identifying sustainability risks to financial stability to issuing advice about the energy transition.
Sustainability is high on our agenda
Sustainability is high on our agenda. We monitor financial stability and the solidity of financial institutions and we observe that climate change can pose financial risks and threaten our economy and financial system. This could have a major impact on society.
We also seek to make a positive contribution to global sustainability goals, such as those in the Paris Agreement and the United Nations’ Sustainable Development Goals. In this way, we contribute to sustainable prosperity.
Teaming up with stakeholders
We seek to engage in dialogue with a wide range of stakeholders. These include financial institutions, policymakers, sustainability experts, NGOs and other relevant parties. For example, we discuss dilemmas and obstacles to sustainability with financial institutions. Together, we also wish to explore innovative solutions for integrating sustainability into our supervision. And we aim to join forces with financial institutions to find better ways to promote sustainable finance.
Sustainable finance strategy
Making our activities more sustainable is never finished. This is why, in our Sustainable Finance Office, we are constantly on the lookout for new developments that might affect our core tasks. We interact with our stakeholders in doing so. Where necessary, we translate new insights into policies and integrate them into our work. The Sustainable Finance Strategy that we published in July 2021 is therefore a living document. Our ambition is that sustainability is an integral part of all our tasks by 2025. The Sustainable Finance Office will facilitate and drive the strategy's implementation in the years ahead, and it will regularly reassess the strategy and set short-term targets each year.