The carbon footprint of the assets in the Riksbank’s foreign exchange reserves
Calculation of the carbon footprint of the Riksbank's foreign exchange reserves
The carbon footprint is a calculation of greenhouse gas emissions resulting, for example, from the production of goods and services in a country or region. The carbon footprint can be reported using various measures. A common one is carbon intensity, which, for countries and regions, is often measured as the emission of greenhouse gases in relation to the value of the production of goods and services. Carbon intensity is also one of the measures most frequently used to assess climate-related risks. It can give an indication of the extent to which an asset portfolio may be affected financially by the transition of a country or region to a less fossil-dependent economy. This is normally referred to as transition risk.
Published: 12 April 2022