China Merchants Bank Co Ltd 2021 Annual Report with Sustainability Disclosures
Company: China Merchants Bank Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 334
The report describes the company’s integration of ESG into daily operations and the strengthening of Board-level sustainability governance. It highlights a RMB263.842 billion green-loan balance at year-end and RMB6.974 billion of carbon-emission-reduction loans to 70 projects. Those projects were reported to have resulted in a carbon emission reduction of 1.2152 million tons of CO2 equivalent.
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