Industrial and Commercial Bank of China Ltd 2020 SR
The report highlights Industrial and Commercial Bank of China's (ICBC) sustainability efforts during 2020, focusing on its response to the COVID-19 pandemic and its commitment to green finance. The company provided significant financial support for pandemic containment and business resumption, including RMB 2.3 trillion in financing for key sectors. ICBC achieved a milestone in poverty alleviation, helping all its designated areas out of poverty. In green finance, the bank's outstanding green credit reached RMB 1.85 trillion, and it successfully issued USD 2.9 billion in overseas preference shares. The bank also accelerated its digital transformation, with 98.7% of domestic transactions occurring through e-banking channels.
Company: Industrial and Commercial Bank of China Ltd
Sector: Finance & insurance
Country: China
Year: 2020
Type: SR
Pages: 57
Industrial and Commercial Bank of China Ltd
The report highlights Industrial and Commercial Bank of China's (ICBC) sustainability efforts during 2020, focusing on its response to the COVID-19 pandemic and its commitment to green finance. The company provided significant financial support for pandemic containment and business resumption, including RMB 2.3 trillion in financing for key sectors. ICBC achieved a milestone in poverty alleviation, helping all its designated areas out of poverty. In green finance, the bank's outstanding green credit reached RMB 1.85 trillion, and it successfully issued USD 2.9 billion in overseas preference shares. The bank also accelerated its digital transformation, with 98.7% of domestic transactions occurring through e-banking channels.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 26, 2021
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
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Employees