China Merchants Bank Co Ltd 2021 SR
The report highlights China Merchants Bank's sustainability achievements in 2021, focusing on green finance, inclusive finance, and robust corporate governance. The bank upgraded its ESG rating to A by MSCI and renamed its Strategy Committee to the Strategy and Sustainability Committee to enhance ESG governance. In green finance, the bank's green loan balance reached RMB 263.842 billion, a 26.49% increase, and it issued the first floating rate SOFR-linked sustainable bonds in the Asia Pacific region. For inclusive finance, the balance of inclusive loans to small and micro-sized enterprises grew to RMB 601.1 billion. Additionally, the bank actively supported rural revitalization, investing RMB 48.5863 million in designated financial assistance.
Company: China Merchants Bank Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: SR
Pages: 220
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China Merchants Bank Co Ltd
Sustainability Report
The report highlights China Merchants Bank's sustainability achievements in 2021, focusing on green finance, inclusive finance, and robust corporate governance. The bank upgraded its ESG rating to A by MSCI and renamed its Strategy Committee to the Strategy and Sustainability Committee to enhance ESG governance. In green finance, the bank's green loan balance reached RMB 263.842 billion, a 26.49% increase, and it issued the first floating rate SOFR-linked sustainable bonds in the Asia Pacific region. For inclusive finance, the balance of inclusive loans to small and micro-sized enterprises grew to RMB 601.1 billion. Additionally, the bank actively supported rural revitalization, investing RMB 48.5863 million in designated financial assistance.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees