China Everbright Bank has set a goal to attain peak carbon emissions and accomplish carbon neutrality within its overall strategic objectives by the year 2025. To achieve this, the bank plans to improve its risk management systems and mechanisms, as well as enhance its comprehensive management ability over environmental and climate risks. The bank has also implemented measures to support low-cost financing of loan projects in key carbon reduction fields such as clean energy, energy saving, and environmental protection.

In terms of carbon emissions, the bank is actively taking steps to reduce its emissions and contribute to the "dual carbon" targets. In 2022, the bank's total greenhouse gas emissions (Scope 1 and Scope 2) totaled 60,992.42 tonnes. Of this, the direct discharges and emissions (Scope 1) comprised 4,147.24 tonnes and the indirect discharges and emissions (Scope 2) 56,845.19 tonnes. The bank is utilizing carbon reduction supporting tools to finance projects in key carbon reduction fields, which will generate environmental benefits.

The bank conducted a comprehensive assessment of greenhouse gas emissions across its entire network, encompassing the Head Office and over 1,000 branches and sub-branches. Utilizing advanced data calculation models, it established an initial framework for managing carbon footprints, identifying primary targets for enhancing energy efficiency. Additionally, in alignment with Beijing's directives on carbon dioxide peaking and carbon neutrality, the Head Office completed the 2022 inventory pertaining to carbon emissions, energy consumption, efficiency evaluations, and regulatory reporting for energy management oversight.

In conclusion, China Everbright Bank is aiming to attain the objectives of peaking carbon emissions and realizing carbon neutrality, with a primary focus on addressing climate change. The bank is taking strategic steps to reduce its greenhouse gas emissions and contribute to the country's "dual carbon" targets. The bank is actively involved in community service activities and engages in financing carbon reduction projects, which demonstrate its commitment to environmental and social responsibility.

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