Notification on green asset ratio of banks.

This Notification lays down the procedures and principles of calculation and reporting of the green asset ratio and other key performance indicators to measure the contribution of banks to the financing of environmentally sustainable economic activities. Environmental goals are listed in Article 5, as follows: (i) climate change mitigation and adaptation, (ii) transition to circular economy,(iii) sustainable use and protection of water and marine resources, (iv) pollution prevention and control, and (v) protection and restoration of biodiversity and ecosystems. Environmentally sustainable economic activities are defined as economic activities that contribute significantly to at least one of the environmental goals and do not significantly harm any of these goals. Minimum social security standards are included in key performance indicators.