China Merchants Bank Co Ltd 2024 SR
The report highlights China Merchants Bank's commitment to high-quality development and the Dual Carbon strategy. In 2024, the bank achieved an MSCI ESG rating of AAA and expanded its green finance product aggregate to RMB 1,135.174 billion. Key focus areas included technology, green, inclusive, pension, and digital finance, with significant growth in loans for technology and green sectors. The bank also prioritized consumer rights protection, digital transformation, and rural revitalization, investing over RMB 56 million in targeted assistance. Furthermore, it enhanced its corporate governance and risk management frameworks to ensure sustainable growth.
Company: China Merchants Bank Co Ltd
Sector: Financials
Country: China
Year: 2024
Type: SR
Pages: 149
China Merchants Bank Co Ltd
Sustainability Report
The report highlights China Merchants Bank's commitment to high-quality development and the Dual Carbon strategy. In 2024, the bank achieved an MSCI ESG rating of AAA and expanded its green finance product aggregate to RMB 1,135.174 billion. Key focus areas included technology, green, inclusive, pension, and digital finance, with significant growth in loans for technology and green sectors. The bank also prioritized consumer rights protection, digital transformation, and rural revitalization, investing over RMB 56 million in targeted assistance. Furthermore, it enhanced its corporate governance and risk management frameworks to ensure sustainable growth.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English, Chinese
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:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees