Bank of Qingdao Co., Ltd.
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:4,389.7 tCO2e/year (Scope 1 and 2)
Scope 1 Emissions:111.67 tCO2e/year
Scope 2 Emissions:4,278.03 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:3470000 kWhs/year
Water Consumption:19436 tons/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Real Economy Support
- Environmental Protection
- Social Welfare
- Governance
- Inclusive Finance
- Green Finance
- Consumer Protection
- Employee Well-being
Environmental Achievements
- Green credit loan balance reached RMB 11.587 billion, a year-on-year increase of RMB 2.102 billion (22.16%).
- Issued two green financial bonds, raising a total of RMB 8 billion.
- Implemented energy-saving measures, reducing power, water, paper, and oil consumption.
Social Achievements
- Public welfare donations totaled over RMB 8 million.
- Launched initiatives supporting education, medical care, and poverty alleviation.
- Implemented a new service model for the elderly.
- Organized various employee engagement activities (sports, cultural events, etc.).
- Improved customer service through training and facility upgrades.
Governance Achievements
- Strengthened Party leadership and integrated it into corporate governance.
- Successfully completed the re-election of the Board of Directors and Supervisors.
- Revised Articles of Association to standardize equity management.
- Improved internal control and compliance management.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic.
- Maintaining asset quality and managing non-performing loans.
- Meeting the financing needs of small and micro-enterprises.
Mitigation Strategies
- Established an emergency leadership team to address the COVID-19 pandemic.
- Opened green channels for credit approval and provided special credit lines to support businesses.
- Implemented differentiated credit policies and optimized credit structure.
- Strengthened risk management and control in key areas.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier selection assessment; emphasis on environmental protection, labor standards, and social insurance contribution.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI G4.0, SZSE’s Guidelines, SEHK’s Guidelines
Certifications: Null
Third-party Assurance: KPMG Huazhen LLP (limited assurance)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Green credit products, inclusive finance products
Awards & Recognition
- Numerous awards listed in the report (see Honours and Awards section).