Industrial and Commercial Bank of China Ltd 2016 SR
The report highlights ICBC's sustainability performance in 2016, focusing on its support for the real economy, green finance, and precision poverty alleviation. The bank achieved a green credit balance of RMB 978.56 billion and underwrote eight green bonds totaling RMB 88.3 billion. ICBC also prioritized small and micro-enterprise lending, reaching a balance of RMB 2.03 trillion. Social initiatives included a significant commitment to poverty relief with loans totaling RMB 93.01 billion and the implementation of a smart anti-telecom fraud network that intercepted over 60,000 frauds. The bank continued to enhance its 'green bank' and 'smart bank' strategies while maintaining stable profit growth and asset quality.
Company: Industrial and Commercial Bank of China Ltd
Sector: Finance & insurance
Country: China
Year: 2016
Type: SR
Pages: 49
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Industrial and Commercial Bank of China Ltd
Corporate Social Responsibility Report
The report highlights ICBC's sustainability performance in 2016, focusing on its support for the real economy, green finance, and precision poverty alleviation. The bank achieved a green credit balance of RMB 978.56 billion and underwrote eight green bonds totaling RMB 88.3 billion. ICBC also prioritized small and micro-enterprise lending, reaching a balance of RMB 2.03 trillion. Social initiatives included a significant commitment to poverty relief with loans totaling RMB 93.01 billion and the implementation of a smart anti-telecom fraud network that intercepted over 60,000 frauds. The bank continued to enhance its 'green bank' and 'smart bank' strategies while maintaining stable profit growth and asset quality.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 30, 2017
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees