GlobalData offers a comprehensive analysis of China Bohai Bank , providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on China Bohai Bank ‘s ESG performance. GlobalData’s company profile on China Bohai Bank offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
China Bohai Bank has committed to making greater contribution to achieving the goals of “carbon peaking and carbon neutrality” and promoting the green and low-carbon economic and social transformation. As a financial institution, the bank does not produce emissions that have a significant impact on the atmosphere and the environment during its operations, so it has not established an emissions density statistical system. China Bohai Bank’s latest filings mentioned the keywords 'Carbon' and 'Emissions' most number of times in relation to ‘Climate Change’.
China Bohai Bank has taken steps to reduce its emissions, including policies on the efficient use of resources such as energy, water, and other raw materials. It has also implemented policies to minimize its significant impact on the environment and natural resources. The Bank pays close attention to environmental risks and opportunities to improve environmental performance. Adhering to the green development strategy, the Bank advocates financing for ecological protection, ecological construction and green industries in a way that is “beneficial” to the environment, increases its support for green, low-carbon and circular economy, supports the development of the real economy with green finance, and promotes the overall green transformation of economic and social development.
The Bank centering on the three major tasks of “serving the real economy”, “preventing and defusing risks” and “deepening financial reform”, it actively integrated itself into such major national strategies as the “Coordinated Development of the Beijing-Tianjin-Hebei Region”, “Peak Carbon Emissions”, “Carbon Neutrality” and “Rural Revitalization”, and vigorously developed inclusive financial services, as well as increased the support for the private enterprises and small and micro enterprises.
In conclusion, China Bohai Bank aims to achieve the goal of “dual carbon” and has taken steps to reduce its emissions. The Bank actively implements major decisions and deployments of the state, and proactively integrates the concept of green finance into its business operation, to create an “agile and warm bank” to serve the entities.