Climate Change Data

招商銀行股份有限公司 CHINA MERCHANTS BANK CO., LTD.

Climate Impact & Sustainability Data (2023-12-31)

Reporting Period: 2023-12-31

Environmental Metrics

ESG Focus Areas

  • Green finance
  • Inclusive finance
  • Protection of consumer rights and interests

Environmental Achievements

  • Targets to invest more than RMB500 billion in the balance of green loans and green bonds by the end of 2025

Social Achievements

  • Targets to increase the annual growth rate of inclusive loans to small and medium-sized enterprises such that it is higher than the growth rate of various other loans

Governance Achievements

  • Established the China Merchants Bank Green, Social and Sustainability Bond Framework

Climate Goals & Targets

Short-term Goals:
  • Invest more than RMB500 billion in the balance of green loans and green bonds by the end of 2025

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Bond Principles 2021, Social Bond Principles 2023, Sustainability Bond Guidelines 2021

Third-party Assurance: Moody’s Investors Service, Inc.

UN Sustainable Development Goals

  • SDG 11