Weihai Bank Co Ltd 2021 SR

The report highlights Weihai City Commercial Bank's commitment to sustainable development and green finance, notably becoming the first Equator Bank in Shandong Province in 2021. The bank established a comprehensive ESG management structure led by the Board and conducted its first materiality assessment using SASB and HKEX standards. Key initiatives included launching PV Loans for renewable energy and expanding inclusive finance for small and micro enterprises. Environmentally, the bank set directional targets for energy and water conservation while achieving a 100% resolution rate for consumer complaints.

Company: Weihai Bank Co Ltd

Sector: Financials

Country: China

Year: 2021

Type: SR

Pages: 52

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Weihai Bank Co Ltd

Weihai Bank Co Ltd 2021 ESG Report

ESG Report

The report highlights Weihai City Commercial Bank's commitment to sustainable development and green finance, notably becoming the first Equator Bank in Shandong Province in 2021. The bank established a comprehensive ESG management structure led by the Board and conducted its first materiality assessment using SASB and HKEX standards. Key initiatives included launching PV Loans for renewable energy and expanding inclusive finance for small and micro enterprises. Environmentally, the bank set directional targets for energy and water conservation while achieving a 100% resolution rate for consumer complaints.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Published

Mar 30, 2022

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Water Consumption

Total Waste

Workplace Fatalities

Employees