The head office of China's first commercial bank issued an environmental information disclosure report

 

On October 14, 2021, China Merchants Bank Co., Ltd. issued the 2020 environmental information disclosure report, which attracted the attention of Lvse Jiangnan Public Environment Concerned Center.

 

The public environment research center and Lvse Jiangnan Public Environment Concerned Center, which have long paid attention to enterprise performance and information disclosure of listed companies, have issued several industry-based environmental information disclosure reports of listed companies by comparing the 2019 annual report, corporate social responsibility report and environmental responsibility report based on the enterprise environment data collected by the Blue Map big data platform of Shanghai and Shenzhen listed companies.

 

In March 2020, Lvse Jiangnan Public Environment Concerned Center released the first phase of green securities research report, green securities research report (I) "environmental observation of listed companies, don't let disclosure defects lead to investment risks". In July of the same year, the second phase of green securities research report was released. green securities research report (II) "environmental information disclosure of semi annual environmental observation reports of listed companies" was mixed; In February 2021, IPE andLvse Jiangnan Public Environment Concerned Center jointly issued whether the "three-step" goal of environmental information disclosure of listed companies has been achieved.

 

The pilot work of environmental information disclosure of financial institutions began as early as 2017.

 

The content of environmental information disclosure of financial institutions mainly includes two aspects: one is the information about the impact of their own business activities and investment and financing activities on the environment; second is information on the impact of climate and environmental factors on opportunities and risks of financial institutions.

 

The environmental information disclosure of banking institutions started late. In February 2021, Guangzhou Branch of the people's Bank of China organized and held a special working meeting on environmental information disclosure of financial institutions. The meeting decided that 13 corporate banking institutions in Guangzhou, Zhuhai, Huizhou, Zhongshan, Dongguan, Foshan, Jiangmen and Zhaoqing in Guangdong, Hong Kong and Macao Dawan district would be the first batch of pilot institutions to explore and carry out the pilot work of environmental information disclosure, marking the launch of the pilot site of environmental information disclosure of financial institutions in Guangdong, Hong Kong and Macao Dawan district.

In October 2020, the 45th meeting of the Standing Committee of the Sixth People's Congress of Shenzhen adopted the regulations of Shenzhen Special Economic Zone on green finance, which was promulgated on November 18, 2020 and officially implemented on March 1, 2021.

 

On July 14, 2021, Industrial Bank Shenzhen Branch issued the 2020 environmental information disclosure report, which became the first public disclosure of carbon footprint environmental information report of investment and financing activities in China.

 

On July 22, 2021, the People's Bank of China issued and implemented the guidelines for environmental information disclosure of financial institutions (JR / T 0227-2021), which is one of the first green financial standards in China.

 

On October 14, 2021, China Merchants Bank Co., Ltd. issued the 2020 environmental information disclosure report, becoming the first commercial bank in China, and the head office issued the environmental information disclosure report.

 

By comparing the environmental information disclosure reports released by the two banks, it is not difficult for us to find that energy conservation and environmental protection, comprehensive utilization, clean energy, green transportation, green building and other fields will become the key support objects of the bank. The number of energy conservation and environmental protection projects supported by China Merchants Bank has increased continuously (2018-2020), reaching 69 in 2020. In addition, the two banks themselves also reduced energy consumption and emissions through a series of voluntary emission reduction actions to achieve their own low-carbon development.

 

Promoting environmental information disclosure by financial institutions is an important measure to build a green financial system, vigorously develop green finance, and promote the realization of green low-carbon development and the "30.60 goal".