江苏银行践行负责任银行承诺, 深化气候风险管理实践

Core Viewpoint - The release of the "Practical Guidance on Implementing Adaptation and Resilience for Banks" by the UN Environment Programme Finance Initiative aims to provide a clear framework for global banks to set and achieve climate adaptation goals, with Jiangsu Bank playing a key role in its development and implementation [2] Group 1: Climate Risk Management - Jiangsu Bank is a core member of the PRB Climate Adaptation Target Setting Working Group and has integrated its practical experience and innovative models into the guidance, offering a "Jiangsu model" for global banking climate adaptation actions [2] - The guidance fills a practical gap in the field of climate adaptation by providing actionable frameworks for banks [2] Group 2: Physical Risk Assessment - Jiangsu Bank is conducting physical risk stress tests in line with the core requirements of the guidance, focusing on climate-sensitive industries and utilizing geographic spatial characteristics to identify risk exposures [3][4] - The bank has developed a physical risk assessment framework that combines meteorological data, geographic distribution, and risk exposure, ensuring a localized and industry-focused approach [4] Group 3: Transition Risk Assessment - In assessing transition risks, Jiangsu Bank has constructed five climate transition scenarios, including "1.5°C orderly transition" and "2°C moderate constraint transition," targeting high-carbon industries such as chemicals, steel, and electricity [5] - The bank evaluates credit risk transmission effects on asset safety through carbon price shock simulations and dynamic estimates of corporate profitability and default probabilities [5] Group 4: Green Finance Development - The climate risk stress tests conducted by Jiangsu Bank are a practical response to regulatory requirements and aim to enhance the bank's climate risk management mechanisms [6] - The bank plans to continue deepening its climate risk management practices by integrating climate adaptation and resilience into strategic planning and operations, while also sharing its experiences and adopting international best practices [6]