Industrial Bank Co.,Ltd. Named in Bloomberg Green Finance 2026 Watchlist for Green Finance Leadership

Deep News12-19 12:03

Industrial Bank Co.,Ltd. has been recognized in the Bloomberg Green Finance 2026 Watchlist under the "Green Financial Institutions" category for its outstanding performance in sustainable finance. Its innovative "Corporate Overseas Services Aligned with ISSB Standards" initiative was also listed among the "Green Finance Case Studies."

As a pioneer in China's green finance sector, Industrial Bank Co.,Ltd. has consistently advanced the "Two Mountains" development philosophy, focusing on decarbonization, pollution reduction, and low-carbon economic transformation through integrated financial and advisory services. The bank has fully embedded ESG principles into its operations, maintaining market leadership in environmental (E) performance while strengthening social (S) and governance (G) capabilities.

By the end of September, the group’s green finance portfolio reached RMB 2.45 trillion, with its green loan scale and growth ranking first among joint-stock banks. It holds an MSCI ESG rating of AAA, the highest in China’s banking sector for seven consecutive years, and topped the China Banking Association’s 2023 Green Bank Evaluation.

The ISSB-aligned overseas service solution marks a national first, reflecting the bank’s commitment to global sustainability standards. In June 2025, Industrial Bank Co.,Ltd. provided a RMB 700 million sustainability-linked syndicated loan to Chaowei Group, supporting initiatives like battery recycling, sodium-salt battery carbon footprint reduction, responsible supply chains, and sustainable governance. The bank also pioneered ISSB-compliant sustainability reporting and disclosure services for the company, bridging Chinese enterprises with international standards.

The Bloomberg Green Finance 2026 Watchlist introduced a new evaluation framework co-developed with the Central University of Finance and Economics’ Green Finance International Institute. The "China Green Finance Index Methodology" assesses listed financial institutions to accelerate green transitions and align with national carbon neutrality goals.

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