The report outlines the environmental, social, and governance (ESG) performance of China Minsheng Bank for the 2022 calendar year. Key highlights include the Bank's efforts to promote ""carbon peaking and carbon neutrality"" by implementing a green finance strategy, expanding green finance products and services, and restricting credit placement to high-polluting industries. The Bank also highlighted its commitment to social responsibility by strengthening its customer-first approach, including dedicated services for the elderly and inclusive finance for micro, small, and medium-sized enterprises (SMEs). Additionally, the report discusses the Bank's efforts to enhance its compliance and risk management systems, particularly in the areas of consumer rights protection, money laundering, and information security.
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China Minsheng Banking Corporation (CMBC) 2022 ESG Report
Issuing Company China Minsheng Banking Corporation (CMBC)
Report Type Sustainability Report
Report Language EN
Report Filesize 1.05 MB
No. of Pages 126 pages
Reporting periodJanuary 1, 2022-December 31, 2022
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue