Sustainable policy on own reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the practical implementation of SRI principles in its own funds portfolio, which consists of its paid-up capital and its general reserve fund, as part of its participation in the NGFS and in line with the latter’s recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:
- The specific set of ESG, sustainable or climate related criteria used to invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([email address]) or the ECB’s Data Protection
Officer ([email address]).Furthermore, you have the right to address the
European Data Protection Supervisor (www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[FOI #8565 email]
If [ECB request email] is the wrong address for information requests
to European Central Bank, please tell the AsktheEU.org team on email
[email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
Dear Mr Schreiber,
We confirm that on 22 October 2020, after finalising the reply to your
previous request (confirmatory application) regarding the disclosure of
separate bond value under CSPP and PEPP, your request received on 15
September (please see below) has started being processed.
In accordance with [1]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[2][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([3][email address]) or the ECB’s Data Protection
Officer ([4][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([5]www.edps.europa.eu) any time
regarding this processing of your personal data.
From: Access to documents
Sent: 18 September 2020 12:00
To: '[FOI #8565 email]'
Subject: RE: [EXT] access to documents request - Sustainable policy on own
reserves
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([email address]) or the ECB’s Data Protection
Officer ([email address]).Furthermore, you have the right to address the
European Data Protection Supervisor (www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[FOI #8565 email]
If [ECB request email] is the wrong address for information requests
to European Central Bank, please tell the AsktheEU.org team on email
[email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
References
Visible links
1. http://www.ecb.europa.eu/ecb/legal/pdf/0...
2. mailto:[email address]
3. file:///C:\Users\ballest\AppData\Roaming\OpenText\OTEdit\EC_darwin\c74320805\accesstodocuments%40ecb.europa.eu
4. mailto:[email address]
5. http://www.edps.europa.eu/
Dear Mr Schreiber,
We refer to your request of 15 September, which we started processing on
22 October 2020, for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves.
For the sake of good administration, please note that the processing of
your request will be resumed as soon as the inquiry of the European
Ombudsman following your complaint about the ECB’s refusal to grant public
access to documents containing the separate bond value of the assets held
by the ECB and the Eurosystem under the CSPP and PEPP (your confirmatory
application with reference CL/20/282), is settled.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[1][email address]
From: Access to documents
Sent: 22 October 2020 16:23
To: [FOI #8565 email]
Subject: RE: [EXT] Acknowledgement of receipt - Sustainable policy on own
reserves
Dear Mr Schreiber,
We confirm that on 22 October 2020, after finalising the reply to your
previous request (confirmatory application) regarding the disclosure of
separate bond value under CSPP and PEPP, your request received on 15
September (please see below) has started being processed.
In accordance with [2]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[3][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([4][email address]) or the ECB’s Data Protection
Officer ([5][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([6]www.edps.europa.eu) any time
regarding this processing of your personal data.
From: Access to documents
Sent: 18 September 2020 12:00
To: '[FOI #8565 email]'
Subject: RE: [EXT] access to documents request - Sustainable policy on own
reserves
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[7][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([8][email address]) or the ECB’s Data Protection
Officer ([9][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([10]www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [11][email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[12][FOI #8565 email]
If [13][ECB request email] is the wrong address for information
requests to European Central Bank, please tell the AsktheEU.org team on
email [14][email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at [15]https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
References
Visible links
1. mailto:[email address]
2. http://www.ecb.europa.eu/ecb/legal/pdf/0...
3. mailto:[email address]
4. file:///C:/Users/ballest/AppData/Roaming/OpenText/OTEdit/EC_darwin/c74320805/accesstodocuments%40ecb.europa.eu
5. mailto:[email address]
6. http://www.edps.europa.eu/
7. mailto:[email address]
8. mailto:[email address]
9. mailto:[email address]).furthermore
10. http://www.edps.europa.eu/
11. mailto:[email address]
12. mailto:[FOI #8565 email]
13. mailto:[ECB request email]
14. mailto:[AsktheEU.org contact email]
15. https://www.asktheeu.org/en/help/officers
Dear Mr Schreiber,
We would like to inform you that on 3 February 2021, your request received
on 15 September for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves, has started being
processed.
In accordance with [1]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[2][email address]
From: Access to documents
Sent: 18 November 2020 11:53
To: '[FOI #8565 email]'
<[3][FOI #8565 email]>
Subject: RE: [EXT] On hold - Acknowledgement of receipt - Sustainable
policy on own reserves
Dear Mr Schreiber,
We refer to your request of 15 September, which we started processing on
22 October 2020, for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves.
For the sake of good administration, please note that the processing of
your request will be resumed as soon as the inquiry of the European
Ombudsman following your complaint about the ECB’s refusal to grant public
access to documents containing the separate bond value of the assets held
by the ECB and the Eurosystem under the CSPP and PEPP (your confirmatory
application with reference CL/20/282), is settled.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[4][email address]
From: Access to documents
Sent: 22 October 2020 16:23
To: [5][FOI #8565 email]
Subject: RE: [EXT] Acknowledgement of receipt - Sustainable policy on own
reserves
Dear Mr Schreiber,
We confirm that on 22 October 2020, after finalising the reply to your
previous request (confirmatory application) regarding the disclosure of
separate bond value under CSPP and PEPP, your request received on 15
September (please see below) has started being processed.
In accordance with [6]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[7][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([8][email address]) or the ECB’s Data Protection
Officer ([9][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([10]www.edps.europa.eu) any time
regarding this processing of your personal data.
From: Access to documents
Sent: 18 September 2020 12:00
To: '[FOI #8565 email]'
Subject: RE: [EXT] access to documents request - Sustainable policy on own
reserves
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[11][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([12][email address]) or the ECB’s Data Protection
Officer ([13][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([14]www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [15][email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[16][FOI #8565 email]
If [17][ECB request email] is the wrong address for information
requests to European Central Bank, please tell the AsktheEU.org team on
email [18][email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at [19]https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
References
Visible links
1. http://www.ecb.europa.eu/ecb/legal/pdf/0...
2. mailto:[email address]
3. mailto:[FOI #8565 email]
4. mailto:[email address]
5. mailto:[FOI #8565 email]
6. http://www.ecb.europa.eu/ecb/legal/pdf/0...
7. mailto:[email address]
8. file:///C:/Users/ballest/AppData/Roaming/OpenText/OTEdit/EC_darwin/c74320805/accesstodocuments%40ecb.europa.eu
9. mailto:[email address]
10. http://www.edps.europa.eu/
11. mailto:[email address]
12. mailto:[email address]
13. mailto:[email address]).furthermore
14. http://www.edps.europa.eu/
15. mailto:[email address]
16. mailto:[FOI #8565 email]
17. mailto:[ECB request email]
18. mailto:[AsktheEU.org contact email]
19. https://www.asktheeu.org/en/help/officers
Dear Mr Schreiber,
We refer to your request for access to European Central Bank (ECB)
documents in relation to the sustainable policy on own reserves.
We regret to inform you that, owing to the increased workload created by a
high number of simultaneous requests the ECB has not yet been able to
conclude the internal assessment process and the detailed analysis of all
legal aspects related to the possible disclosure of the requested
documents.
In accordance with article 7.3 of Decision ECB/2004/3, the ECB has decided
to extend the time-limit for responding to your application by 20 working
days.
We apologise for the inconvenience this delay may cause.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[1][email address]
From: Access to documents
Sent: 03 February 2021 10:36
To: '[FOI #8565 email]'
<[2][FOI #8565 email]>
Subject: RE: [EXT] Processing - Sustainable policy on own reserves
Dear Mr Schreiber,
We would like to inform you that on 3 February 2021, your request received
on 15 September for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves, has started being
processed.
In accordance with [3]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[4][email address]
From: Access to documents
Sent: 18 November 2020 11:53
To: '[FOI #8565 email]'
<[5][FOI #8565 email]>
Subject: RE: [EXT] On hold - Acknowledgement of receipt - Sustainable
policy on own reserves
Dear Mr Schreiber,
We refer to your request of 15 September, which we started processing on
22 October 2020, for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves.
For the sake of good administration, please note that the processing of
your request will be resumed as soon as the inquiry of the European
Ombudsman following your complaint about the ECB’s refusal to grant public
access to documents containing the separate bond value of the assets held
by the ECB and the Eurosystem under the CSPP and PEPP (your confirmatory
application with reference CL/20/282), is settled.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[6][email address]
From: Access to documents
Sent: 22 October 2020 16:23
To: [7][FOI #8565 email]
Subject: RE: [EXT] Acknowledgement of receipt - Sustainable policy on own
reserves
Dear Mr Schreiber,
We confirm that on 22 October 2020, after finalising the reply to your
previous request (confirmatory application) regarding the disclosure of
separate bond value under CSPP and PEPP, your request received on 15
September (please see below) has started being processed.
In accordance with [8]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[9][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([10][email address]) or the ECB’s Data Protection
Officer ([11][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([12]www.edps.europa.eu) any time
regarding this processing of your personal data.
From: Access to documents
Sent: 18 September 2020 12:00
To: '[FOI #8565 email]'
Subject: RE: [EXT] access to documents request - Sustainable policy on own
reserves
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[13][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([14][email address]) or the ECB’s Data Protection
Officer ([15][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([16]www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [17][email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[18][FOI #8565 email]
If [19][ECB request email] is the wrong address for information
requests to European Central Bank, please tell the AsktheEU.org team on
email [20][email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at [21]https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
References
Visible links
1. mailto:[email address]
2. mailto:[FOI #8565 email]
3. http://www.ecb.europa.eu/ecb/legal/pdf/0...
4. mailto:[email address]
5. mailto:[FOI #8565 email]
6. mailto:[email address]
7. mailto:[FOI #8565 email]
8. http://www.ecb.europa.eu/ecb/legal/pdf/0...
9. mailto:[email address]
10. file:///C:/Users/ballest/AppData/Roaming/OpenText/OTEdit/EC_darwin/c74320805/accesstodocuments%40ecb.europa.eu
11. mailto:[email address]
12. http://www.edps.europa.eu/
13. mailto:[email address]
14. mailto:[email address]
15. mailto:[email address]).furthermore
16. http://www.edps.europa.eu/
17. mailto:[email address]
18. mailto:[FOI #8565 email]
19. mailto:[ECB request email]
20. mailto:[AsktheEU.org contact email]
21. https://www.asktheeu.org/en/help/officers
Dear Mr Schreiber,
Please find attached the reply to your request for access to European
Central Bank (ECB) documents in relation to the sustainable policy on own
reserves.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[1][email address]
From: Access to documents
Sent: 02 March 2021 15:04
To: '[FOI #8565 email]'
<[FOI #8565 email]>
Subject: RE: [EXT] Extension of deadline for reply to your request -
Sustainable policy on own reserves
Dear Mr Schreiber,
We refer to your request for access to European Central Bank (ECB)
documents in relation to the sustainable policy on own reserves.
We regret to inform you that, owing to the increased workload created by a
high number of simultaneous requests the ECB has not yet been able to
conclude the internal assessment process and the detailed analysis of all
legal aspects related to the possible disclosure of the requested
documents.
In accordance with article 7.3 of Decision ECB/2004/3, the ECB has decided
to extend the time-limit for responding to your application by 20 working
days.
We apologise for the inconvenience this delay may cause.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[2][email address]
From: Access to documents
Sent: 03 February 2021 10:36
To: '[FOI #8565 email]'
<[3][FOI #8565 email]>
Subject: RE: [EXT] Processing - Sustainable policy on own reserves
Dear Mr Schreiber,
We would like to inform you that on 3 February 2021, your request received
on 15 September for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves, has started being
processed.
In accordance with [4]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[5][email address]
From: Access to documents
Sent: 18 November 2020 11:53
To: '[FOI #8565 email]'
<[6][FOI #8565 email]>
Subject: RE: [EXT] On hold - Acknowledgement of receipt - Sustainable
policy on own reserves
Dear Mr Schreiber,
We refer to your request of 15 September, which we started processing on
22 October 2020, for access to European Central Bank (ECB) documents in
relation to the sustainable policy on own reserves.
For the sake of good administration, please note that the processing of
your request will be resumed as soon as the inquiry of the European
Ombudsman following your complaint about the ECB’s refusal to grant public
access to documents containing the separate bond value of the assets held
by the ECB and the Eurosystem under the CSPP and PEPP (your confirmatory
application with reference CL/20/282), is settled.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[7][email address]
From: Access to documents
Sent: 22 October 2020 16:23
To: [8][FOI #8565 email]
Subject: RE: [EXT] Acknowledgement of receipt - Sustainable policy on own
reserves
Dear Mr Schreiber,
We confirm that on 22 October 2020, after finalising the reply to your
previous request (confirmatory application) regarding the disclosure of
separate bond value under CSPP and PEPP, your request received on 15
September (please see below) has started being processed.
In accordance with [9]Decision ECB/2004/3 on public access to ECB
documents, as last amended, you will receive a reply within 20 working
days.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[10][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([11][email address]) or the ECB’s Data Protection
Officer ([12][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([13]www.edps.europa.eu) any time
regarding this processing of your personal data.
From: Access to documents
Sent: 18 September 2020 12:00
To: '[FOI #8565 email]'
Subject: RE: [EXT] access to documents request - Sustainable policy on own
reserves
Dear Mr Schreiber,
Thank you for your request below, which we received on 15 September 2020,
for access to European Central Bank (ECB) documents.
Please note that your request has entered a queuing system and will be
handled as soon as the response to your confirmatory application of 1 July
2020 for European Central Bank (ECB) documents which contain the separate
bond value of CSPP and PEPP assets held by the ECB and the Eurosystem
(attached), has been finalised.
Yours sincerely,
Compliance and Governance Office
DG Secretariat
European Central Bank
Sonnemannstrasse 20
60314 Frankfurt am Main
[14][email address]
Privacy notice: By submitting a request for access to documents, the ECB
collects information about you for the sole purpose of processing your
request in accordance with Decision ECB/2004/3 on public access to ECB
documents. All personal data are processed in accordance with EU Data
Protection Law (Regulation (EU) 2018/1725). The ECB is the controller for
the processing of the personal data. The recipients of the data will be
the ECB’s Compliance and Governance Office and, only when necessary, other
institutions within the European System of Central Banks, the Single
Supervisory Mechanism, or EU institutions.
You have the right to restrict processing and to access, rectify and under
certain conditions to request deletion of your stored personal data. You
can exercise your rights by contacting the ECB's Compliance and Governance
Office ([15][email address]) or the ECB’s Data Protection
Officer ([16][email address]).Furthermore, you have the right to address
the European Data Protection Supervisor ([17]www.edps.europa.eu) any time
regarding this processing of your personal data
________________________________________
From: Paul Schreiber
Sent: Tuesday, 15 September 2020 17:32:09 (UTC+01:00) Amsterdam, Berlin,
Bern, Rome, Stockholm, Vienna
To: [18][email address]
Subject: [EXT] access to documents request - Sustainable policy on own
reserves
Dear European Central Bank,
In its 2019 annual report, the ECB indicates that it is "working on the
practical implementation of SRI principles in its own funds portfolio,
which consists of its paid-up capital and its general reserve fund, as
part of its participation in the NGFS and in line with the latter’s
recently published SRI guide for central banks’ portfolio management".
However, no additional information is published on the SRI principles
targets and specific criteria used by the ECB.
Therefore, under the right of access to documents in the EU treaties, as
developed in Regulation 1049/2001, I am requesting documents which contain
the following information:
- The specific set of ESG, sustainable or climate related criteria used to
invest the ECB's own funds, and/or;
- The detailed SRI strategy and principles of the ECB on its own funds.
Yours faithfully,
Paul Schreiber
-------------------------------------------------------------------
This is a request for access to information under Article 15 of the TFEU
and, where applicable, Regulation 1049/2001 which has been sent via the
AsktheEU.org website.
Please kindly use this email address for all replies to this request:
[19][FOI #8565 email]
If [20][ECB request email] is the wrong address for information
requests to European Central Bank, please tell the AsktheEU.org team on
email [21][email address]
This message and all replies from European Central Bank will be published
on the AsktheEU.org website. For more information see our dedicated page
for EU public officials at [22]https://www.asktheeu.org/en/help/officers
Please note that in some cases publication of requests and responses will
be delayed.
-------------------------------------------------------------------
Any e-mail message from the European Central Bank (ECB) is sent in good
faith, but shall neither be binding nor construed as constituting a
commitment by the ECB except where provided for in a written agreement.
This e-mail is intended only for the use of the recipient(s) named above.
Any unauthorised disclosure, use or dissemination, either in whole or in
part, is prohibited. If you have received this e-mail in error, please
notify the sender immediately via e-mail and delete this e-mail from your
system. The ECB processes personal data in line with Regulation (EU)
2018/1725. In case of queries, please contact the ECB Data Protection
Officer ([email address]). You may also contact the European Data
Protection Supervisor.
References
Visible links
1. mailto:[email address]
2. mailto:[email address]
3. mailto:[FOI #8565 email]
4. http://www.ecb.europa.eu/ecb/legal/pdf/0...
5. mailto:[email address]
6. mailto:[FOI #8565 email]
7. mailto:[email address]
8. mailto:[FOI #8565 email]
9. http://www.ecb.europa.eu/ecb/legal/pdf/0...
10. mailto:[email address]
11. file:///C:/Users/ballest/AppData/Roaming/OpenText/OTEdit/EC_darwin/c74320805/accesstodocuments%40ecb.europa.eu
12. mailto:[email address]
13. http://www.edps.europa.eu/
14. mailto:[email address]
15. mailto:[email address]
16. mailto:[email address]).furthermore
17. http://www.edps.europa.eu/
18. mailto:[email address]
19. mailto:[FOI #8565 email]
20. mailto:[ECB request email]
21. mailto:[AsktheEU.org contact email]
22. https://www.asktheeu.org/en/help/officers
Dear DG Secretariat of the European Central Bank,
Thank you for your response.
I would like to underline that the information published by the ECB on its SRI strategy are especially scarce. SRI strategies followed by private and public banks, including central banks like the Banque de France, are detailed in specific document that provides ample information on the logic followed and criteria used. This is not the case for the ECB, that only underline that its strategy is to progressively increase the share of "green", without given any precise trajectory, carbon footprint or sectoral information.
Nonetheless, providing the reasoning explained in you response, I will not file a confirmatory application as I do not believe the ECB will review its decision. I can only encourage the ECB, as the Ombudsman recently did following a previous information request, to be more transparent when it comes to its climate impact.
With this in mind, I would like to underline that another information request to the ECB filled on March 3rd 2021 - on the disclosure of TLTRO data - is still pending. This request can be reviewed at https://www.asktheeu.org/en/request/disc....
I'm looking forward to hear the ECB's response and hope it will cease the opportunity to be more transparent on this key monetary operations.
Yours sincerely,
Paul Schreiber
Reclaim Finance