The report highlights CMB's efforts in promoting sustainable development of the economy, society and environment. The company donated RMB 200 million to Wuhan via the Wuhan Charity Federation. They also made significant progress in green finance, with RMB 207.133 billion in green loan balance, an increase of RMB 30.36 billion from the prior year. CMB also expanded its international operations, particularly in the “Belt & Road” initiative, with the issuance of US$300 million in sustainability bonds and the first ICA cross-border linkage financing transaction.
Issuing Company China Merchants Bank Co., Ltd. (CMB)
Report Type Sustainability Report
Report Language EN
Report Filesize 6.58 MB
No. of Pages 135 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report EditionUnknown
Assurance Provider Ernst & Young Hua Ming LLP
Reporting Standards GRI; HKEx Environmental, Social and Governance Reporting Guide...
Materiality Assessmenttrue
