China Merchants Bank Co Ltd 2024 Sustainability Report
Company: China Merchants Bank Co Ltd
Sector: Finance & insurance
Country: China
Year: 2024
Type: Sustainability Report
Pages: 149
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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