Zhongyuan Bank Co., Ltd
Climate Impact & Sustainability Data (2018, 2021)
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:25,401.63 Metric tons (2018)
Scope 1 Emissions:944.39 Metric tons (2018)
Scope 2 Emissions:24,457.24 Metric tons (2018)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:46,523,195.18 kWh (2018)
Water Consumption:345,899.57 Metric tons (2018)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainable Development
- Corporate Risk Management
- Quality Product and Service
- Talent Development
- Social Welfare
- Green Finance
- Clean Governance
- Supplier Management
- Intellectual Property Protection
- Employee Rights and Well-being
- Environmental Protection
- Community Investment
Environmental Achievements
- Reduced electricity consumption by 3.27% compared to 2017.
- Reduced natural gas consumption by 24.80% compared to 2017.
- Successfully issued its first green financial bonds, supporting three green projects (urban water ecology management, central heating, and water plant).
Social Achievements
- Donated RMB 1,988,134 to poverty alleviation, special groups, and community development.
- Implemented various employee well-being initiatives, including medical examinations, supplementary medical insurance, and cultural/sports activities.
- Organized extensive financial literacy programs reaching over 10,000 rural residents.
Governance Achievements
- Established robust internal control mechanisms to prevent corruption, bribery, and money laundering.
- Implemented strict supplier selection and management policies.
- Enhanced intellectual property protection system to ensure compliance.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Maintaining a balance between business growth and environmental sustainability.
- Managing risks associated with the supply chain.
- Ensuring compliance with evolving regulations.
Mitigation Strategies
- Implementing energy conservation and emission reduction plans.
- Establishing strict supplier selection criteria and regular audits.
- Strengthening internal control mechanisms and compliance programs.
Supply Chain Management
Supplier Audits: Annual supplier inspections.
Responsible Procurement
- Administrative Measures for Centered Procurement and Supplier Management
- Administrative Measures for Procurement
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Appendix 27 of the “Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited”
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green financial bonds
Awards & Recognition
- Best IPO of the Year (2017)
- May 1 Labor Medal in Henan Province
- Ten Best Banks in IRON-HORSE
- Ten Best Financial Products Innovation Award (retail and corporate banking)
- Golden Lion Award-Best Innovative Listed Company
- China Financial Market’ Henan General Labor Union “Modern Bankers”
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:28,352.11 tCO2e/year
Scope 1 Emissions:1,024.17 tCO2e/year
Scope 2 Emissions:27,327.95 tCO2e/year
Total Energy Consumption:42,027.36 MWh/year
Water Consumption:368,704.45 m3/year
Waste Generated:979.67 tons/year
ESG Focus Areas
- Economic Development
- Green Transformation
- People-Oriented Practices
- Corporate Governance
Environmental Achievements
- Reduced GHG emissions per million yuan of operating income to 1.47 tons of carbon dioxide equivalent/million yuan
- Reduced hazardous waste generation per capita to 0.004 tons/person
- Implemented green office practices, including promoting video conferencing and electronic office systems
Social Achievements
- Served over 67,000 small and micro customers with a loan balance of RMB 123,982 million
- Achieved 100% labor contract signing rate
- Made charitable donations of RMB 15,719,600
- Participated in various volunteer activities with 4,801 participants
Governance Achievements
- Improved internal control and compliance management
- Strengthened anti-money laundering and anti-corruption measures
- Improved information disclosure transparency
- Maintained an A-level annual consumer protection rating for the fifth consecutive year
Climate Goals & Targets
Medium-term Goals:
- Building a green benchmark city commercial bank and becoming a green bank with a good reputation
Environmental Challenges
- Climate change events increasing risks to asset safety, credit stability, and business development
- Supply chain risks
- Maintaining financial stability
Mitigation Strategies
- Developed a rapid response mechanism for disaster relief
- Provided financial support for post-disaster reconstruction (RMB 19.54 billion)
- Implemented green finance development strategic plan
- Strengthened supplier management and implemented a list-based access system for high-pollution industries
Supply Chain Management
Supplier Audits: 100% coverage
Responsible Procurement
- Revised Administrative Measures of Zhongyuan Bank for Procurement to guide bidding procurement and supplier management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather disasters
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standards, ESG Reporting Guidelines (Appendix XXVII to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited)
Third-party Assurance: Ernst & Young Hua Ming LLP (Special General Partnership)
Awards & Recognition
- Inclusive Finance Outstanding Achievement Award (Village Online)
- Banking Industry Digital Transformation Star Award
- Excellent Asset Management City Commercial Bank Award
- Advanced Enterprise Party Committee
- Advanced Institution for Promotion of ICIPIS User Community
- Structured Finance Annual Award
- Annual Innovative Institution Award
- 2020 City Commercial Bank Award
- Top Ten Small and Medium-sized Bank
- Annual Inclusive Financial Services Bank Gamma Award
- Outstanding Organization Award