Shanghai Pudong Development Bank participates in the first "Shanghai International Carbon Neutrality Technology, Products and Achievements Expo" Green | National | International
The first Shanghai International Carbon Neutrality Technology, Products and Achievements Expo was held at the National Convention and Exhibition Center from June 11th to 14th. This exhibition is the first domestic exhibition with the theme of "carbon neutrality", covering 24 sub sectors of the entire industry chain exchange platform in 6 major fields of "carbon neutrality". It is also the first national ministry and Shanghai municipal government to fully participate in the "dual carbon" field grand event. Shanghai Pudong Development Bank, as a leading institution in the field of green financial services, is invited to participate in the exhibition.
Pudong Development Bank actively conforms to the trend of green and low-carbon transformation, clearly incorporating "dual carbon" transformation and green development into the company's strategic plan, continuously innovating green financial service models, and better supporting the country's economic transformation and development. Promote the green transformation of asset liability structure, product and service models, and corporate culture. Continuously increasing financial supply, guiding and allocating more financial resources to flow towards green and low-carbon industries. We will comprehensively build a carbon finance service capability that covers basic functional services in the carbon market, product innovation, trading and market making, and capacity building. We will coordinate our own operations and asset portfolio carbon neutrality, and firmly move towards the path of a "green bank". Continuously exploring the field of green finance, promoting more funds to invest in green projects such as green buildings, green transportation, clean energy, and solid waste treatment, and fully supporting the achievement of the national "dual carbon" goals.
As a pioneer in the field of green finance for domestic commercial banks, Pudong Development Bank presented a multi-dimensional green finance concept of "integrating all things and creating the future together" at the exhibition site. The exploration path in the field of green finance began as early as 2006, from the release of the first corporate social responsibility report in the banking industry to the launch of a comprehensive green credit service plan; From landing the first CCER financing project to issuing the first domestic green finance bond. In 2021, Pudong Development Bank will elevate the development of green finance to the strategic promotion stage, iterating the "Comprehensive Service Plan for Green Finance" to version 3.0. The plan covers six major fields: green intelligent manufacturing, green urbanization, green energy, environmental protection, new energy vehicles, and carbon finance. With N innovative service models as means, it will create a three-dimensional, full process, and fully covered "6+N" service system, fully serving the green finance product system upstream and downstream of the low-carbon industrial chain.
Over the past decade, Shanghai Pudong Development Bank has taken the advantage of "professionalism+technology" layout, bravely practiced it, and created countless green and low-carbon innovation samples. As the Shanghai branch of Shanghai Pudong Development Bank, located in the international financial center, it actively undertakes the important task of exploring and practicing the path of green finance innovation. The Shanghai branch has successively participated in the construction of major green infrastructure projects within its jurisdiction, such as the Donghai Bridge offshore wind power project, Fengxian offshore wind farm, and Shanghai Bioenergy Reuse Center. It has also provided financial service solutions for local green industry enterprises to "go global" and deepened the Yangtze River Delta integration strategy for customers within its jurisdiction through a combination of stocks, bonds, and loans. The bank continues to carry out product innovation and promote green financial services to better meet the low-carbon needs of the market and enterprises. We have successively implemented the first national certified voluntary emission reduction and carbon emission quota combination pledge financing in China; Provided the first sustainable development related loan in the field of infrastructure for enterprises in the field of new energy vehicle charging piles in China; The first sustainable development related loan for the wind power industry in the Yangtze River Delta region; Lead the lead underwriting of Shanghai's first sustainable development linked bond.
In addition, the Shanghai branch of Shanghai Pudong Development Bank actively practices green operations for enterprises. Deepening the construction of "carbon neutrality" network is a major innovative measure for Shanghai Pudong Development Bank to assist in the construction of low-carbon banks. At present, three branches of the bank within the jurisdiction of Shanghai have been awarded the "Carbon Neutrality" certificate certified by the Shanghai Environment and Energy Exchange, becoming the first batch of bank branches in Shanghai to obtain the "Carbon Neutrality" certification.
At the end of 2022, the scale of Shanghai Pudong Development Bank's green finance business exceeded one trillion yuan. Looking towards the future, Shanghai Pudong Development Bank actively conforms to the trend of green and low-carbon transformation, integrating support for green and sustainable development into corporate development genes, clearly incorporating "dual carbon" transformation and green development into the company's 14th Five Year Plan, and continuously improving the level and quality of green financial services. With the help of a complete set of guarantee mechanisms, resource allocation, and product systems, the bank will fully leverage the advantages of the green finance business system characterized by group collaboration and technological empowerment, making green a beautiful background for depicting China's high-quality development, and continuing to contribute to the country's green, low-carbon, and sustainable development.