Shanghai Bank has been selected as one of the "Top 30 Financial Industry Pioneers of China's ESG Listed Companies"
Recently, the Financial ESG Action Report was released during the "China ESG Release" event by the Financial Program Center of China Central Television, and Shanghai Bank was selected as one of the "Top 30 Financial Industry Pioneers in China's ESG Listed Companies".
In order to enhance China's influence in the global ESG field, the Financial Program Center of China Central Radio and Television Station, in collaboration with authoritative institutions such as the State owned Assets Supervision and Administration Commission of the State Council, the All China Federation of Industry and Commerce, the Institute of Economics of the Chinese Academy of Social Sciences, and the China Enterprise Reform and Development Research Association, has launched the "China ESG Release" and Model Ceremony. By building an ESG evaluation system that is in line with international standards and national conditions, China's enterprises are comprehensively evaluated for ESG, and thematic reports from different dimensions are released one after another. The Financial ESG Action Report is another thematic report launched after the Annual ESG Action Report, Technology Innovation ESG Action Report, and Guangdong Hong Kong Macao Greater Bay Area ESG Action Report. The report mainly consists of the "Top 30 Financial Industry Pioneers of Chinese ESG Listed Companies" list and the "Top 10 ESG Action Discoveries of Financial Enterprises".
In recent years, Shanghai Bank has adhered to the new development concept, actively supported national strategic development, adhered to the original aspiration of finance for the people, gathered financial forces for good, and continuously explored and improved ESG practices. Shanghai Bank deeply grasps its main responsibilities and businesses, serves the real economy to improve quality and efficiency, and expands the depth and breadth of inclusive finance. In 2022, inclusive loans increased by 48%; Deeply rooted in green concepts, continuously deepening green financial services, and promoting the green transformation of economic and social development mode. In 2022, the balance of green loans increased by 116%, and the balance of green bond investment increased by 46%; Adhere to green operation, take the lead in promoting the construction of zero carbon parks and carbon inclusive mechanisms, and be a good practitioner and pioneer of green and low-carbon; Intensify financial service support to help consolidate the achievements of poverty alleviation and effectively connect with rural revitalization. The balance of agricultural loans will increase by 25% in 2022; Accelerate the promotion of digital transformation, empower technology to improve the quality and efficiency of business management, and meet diverse financial service needs; Adhere to the bottom line of compliant operations, strengthen consumer rights protection and governance, strengthen anti money laundering management, and continuously improve the ability to combat fraud. At the same time, Shanghai Bank has established a sound ESG risk management system to enhance its ability to prevent and resolve ESG risks.