INDUSTRIAL BANK(SH:601166) Nan Fang Du Shi Bao·2025-06-26 23:12Core Viewpoint - The article emphasizes the growing importance of ESG (Environmental, Social, and Governance) practices in driving high-quality corporate development, particularly in the context of sustainable finance initiatives in Shenzhen, China [2][10]. Group 1: ESG Development and Initiatives - The "Reconstructing·Win-Win - 2025 Greater Bay Area ESG Empowerment Development Forum" was held in Shenzhen, focusing on international ESG trends and strategies for sustainable development [2]. - The Shenzhen branch of Industrial Bank has been a pioneer in green finance, integrating ESG strategies into its financial practices and enhancing the green competitiveness of local enterprises [2][10]. - The bank has successfully launched various innovative green financial products, including the first sustainable development-linked loan and a resource recovery-linked green loan [4][5]. Group 2: Blue Carbon and Ecological Initiatives - Shenzhen is leveraging its ecological advantages, such as mangrove forests, to explore pathways for realizing the value of ecological products, with the bank leading initiatives in blue carbon finance [3]. - The bank facilitated the first carbon credit transaction based on the "Mangrove Protection Project Carbon Sink Methodology" in 2023, marking a significant step in blue carbon asset management [3]. - A strategic partnership was established between the bank and Shenzhen Blue Carbon Technology Co., resulting in the first red mangrove protection carbon credit pledge financing in Shenzhen [3]. Group 3: Support for Local and International Projects - The bank has provided over 50 million yuan in funding for five low-carbon energy projects as part of its climate investment and financing project library [4]. - In alignment with the Belt and Road Initiative, the bank successfully executed its first overseas loan of 50 million USD for a nickel production project in Indonesia, which is crucial for the global electric vehicle supply chain [6]. - The bank has tailored financial solutions for local enterprises, such as a dual-linked loan for a solar energy company, integrating technology and ESG performance metrics [7]. Group 4: Digital Economy and Green Transformation - The bank has initiated a green loan for a low-carbon cloud data center project, supporting the national "East Data West Computing" strategy and promoting low-carbon transformation in high-energy-consuming industries [8]. - The bank's efforts in digitalization have enhanced its green operational capabilities, including the development of an evaluation system for visualizing branch performance [10]. Group 5: Governance and Recognition - The bank has achieved a AAA rating from MSCI, placing it among the top three global banks in ESG performance, and has been recognized as an advanced unit in green banking for five consecutive years [9]. - The bank has established a comprehensive ESG governance framework, focusing on environmental, social, and governance dimensions to support sustainable development [9]. Group 6: Future Directions - The bank plans to deepen its ESG practices by optimizing its green product system and enhancing blue finance innovations to support Shenzhen's development as a global marine center [10]. - The bank aims to explore new paths for integrating green finance with digital technology, contributing to the harmonious coexistence of humans and nature in the context of building a beautiful China [10].