Industrial Bank Co Ltd 2021 AR2
The report outlines the financial and sustainability performance of Industrial Bank Co., Ltd. for the fiscal year 2021. As China's first Equator Bank, the company achieved a milestone with total assets reaching RMB 8.6 trillion and a net profit of RMB 82.68 billion, representing a 24.10% year-on-year increase. The bank made significant progress in green finance, with green loans growing by 42.11% to RMB 453.94 billion, and maintained its MSCI ESG rating of 'A' for the third consecutive year. Additionally, the bank accelerated its digital transformation by investing RMB 6.36 billion in technology and doubling its scientific and technological personnel.
Company: Industrial Bank Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: AR2
Pages: 314
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Industrial Bank Co Ltd
Annual Report
The report outlines the financial and sustainability performance of Industrial Bank Co., Ltd. for the fiscal year 2021. As China's first Equator Bank, the company achieved a milestone with total assets reaching RMB 8.6 trillion and a net profit of RMB 82.68 billion, representing a 24.10% year-on-year increase. The bank made significant progress in green finance, with green loans growing by 42.11% to RMB 453.94 billion, and maintained its MSCI ESG rating of 'A' for the third consecutive year. Additionally, the bank accelerated its digital transformation by investing RMB 6.36 billion in technology and doubling its scientific and technological personnel.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 24, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees