Orient Securities(SH:600958) Zhong Guo Jin Rong Xin Xi Wang·2025-06-06 12:19Core Viewpoint - The release of the "Green Finance Development Index" marks a significant step in quantifying the securities industry's contribution to green finance, providing new tools and perspectives for green transformation [1][4][6]. Policy Guidance for Green Market Expansion - Green finance has gained increasing importance in national strategic planning, with key meetings in 2023 emphasizing its role as one of the "five major articles" in finance [2]. - The China Securities Regulatory Commission (CSRC) has outlined key tasks for enhancing green finance standards and products in its 2025 implementation opinions [2]. Growth of Green Finance Market - Under strong policy guidance, China's green finance market is thriving, with both credit and bond financing channels contributing to market expansion [3]. - As of the end of Q1 2025, the balance of green loans reached 40.61 trillion yuan, a 9.6% increase from the beginning of the year, with major allocations in infrastructure upgrades, energy transition, and ecological protection [3]. - The green bond market has also shown significant growth, with 93 green bonds issued in Q1 2025, totaling 177.67 billion yuan, reflecting a 55.15% increase year-on-year [3]. Quantitative Index for Monitoring Green Services - The Green Finance Development Index focuses on resource allocation and efficiency, analyzing the securities industry's role in green finance through a comprehensive evaluation system with multiple indicators [4][6]. - The index includes four primary indicators and numerous secondary and tertiary indicators, allowing for a detailed assessment of green finance development [4]. Securities Industry as a Green Transition Engine - The securities industry is positioned as a key driver of green transformation, linking the real economy with substantial green investment needs [9]. - Oriental Securities has achieved notable success in green finance, receiving an AA ESG rating from MSCI and leading in various green financial services [9][10]. - The company has successfully directed over 350 billion yuan into sustainable development from 2021 to 2023 and has been active in innovative green financial products [10]. Future Directions and Collaborations - The collaboration between the China Economic Information Agency and Oriental Securities aims to enhance the Green Finance Development Index and promote its application in the securities industry [10]. - The index is expected to serve as a "weather vane" for green finance, guiding future policies and strategies in the sector [10].