On November 16, 2019 was held at the China Listed Companies Association023At the 2019 China Listed Companies Sustainable Development Conference, Industrial Bank was successfully selected“Listed company ESGBest Practice Cases“.
asESGAs a pioneer in the field, Industrial Bank fully implements the new development concept and strengthens its own environment, society and governance (ESG) management construction, explore and achieve a win-win situation for the bank’s economic benefits, social and environmental benefits, and provide strong financial support for building a new development pattern and promoting high-quality development.
in governance (G) dimension, Industrial Bank optimizes the top-level design and integrates ESGThe concept is integrated with the group’s development strategic plan and comprehensively promotedESGManagement system construction, in2022The board of directors will formallyThe “Strategy Committee” was renamed “Strategy and ESGcommittee” and aligning female directors with those with ESGDirectors with professional backgrounds are included in the board of directors, establishing an industry-leadingThe ESG management decision-making mechanism guides and encourages management to actively explore multiple channels and fulfill environmental and social responsibilities in an all-round way. 2023In 2017, Industrial Bank formulated the “ESG Policy”, as a programmatic document for the sustainable development of the whole bank, to create an ESG policy with Industrial characteristicsSGmanagement system.
in the environment (E) dimension, Industrial Bank willAs the first of the “three business cards” that we focus on building, “Green Bank” focuses on reducing pollution and carbon emissions, accelerating the group’s “all-green” transformation, effectively transforming the advantages of green finance into new driving forces to promote high-quality development, and assisting “Beautiful China” “Construction. As of the end of the third quarter of 2023, the bank’s green financing balance was 1.86 trillion yuan, an increase of 250.1 billion yuan from the end of the previous year. Among them, the green loan balance reached 772.4 billion yuan, an increase of 135.3 billion yuan from the end of the previous year. The new increase accounted for 135.3 billion yuan of corporate finance loans. The proportion of new increases exceeds 30%; the scale of green financial financing in the “carbon reduction” field is 1.04 trillion yuan, accounting for 56% of the green financing increased by 7 percentage points from the end of 2022, and has found a path that takes into account both commercial sustainability and environmental sustainability. road to development.
In society(S) dimension, Industrial Bank adheres to the political and people-oriented nature of financial work and continues to improve the availability, coverage and satisfaction of financial services. Since the beginning of this year, the bank has focused on promoting economic recovery, focusing on key areas and weak links, increasing financial support, and maintaining the forefront of credit increment and growth among joint-stock banks. In particular, it has actively leveraged its advantages in financial technology to serve small and micro enterprises and support In terms of rural revitalization and promoting common prosperity, we have explored new digital service models and embarked on a differentiated path of inclusive financial development. As of the end of September 2023, the balance of Industrial Bank’s inclusive finance loans was nearly 500 billion yuan, and the number of loan customers exceeded 220,000.
The Central Financial Work Conference proposed that we should accelerate the construction of a financial power, unswervingly follow the path of financial development with Chinese characteristics, promote the high-quality development of our country’s finance, and create a path for our country’s banking industry with Chinese characteristics.The path of ESG development points out the direction. Industrial Bank will conscientiously implement the spirit of the Central Financial Work Conference, continue to improve the modern financial enterprise system with Chinese characteristics, continuously improve the modernization level of the governance system and governance capabilities, and effectively serve as the main force in serving the real economy and the ballast stone for financial stability, in order to build a Exploring the path of ESG management system with Chinese characteristics and contributing to accelerating the construction of a strong financial country.