Core Viewpoint - The recent "2025 Zhejiang Corporate Social Responsibility Forum and Awards Ceremony" highlighted the achievements of the Industrial Bank Hangzhou Branch in the ESG (Environmental, Social, and Governance) sector, where it was awarded the title of "2024 Zhejiang ESG Pioneer" [1] Group 1: ESG Governance and Structure - The Industrial Bank Hangzhou Branch has established a comprehensive governance structure for ESG, including the formation of a strategic and ESG committee and a green finance strategy promotion working group [3] - It is the first in the province to set up a primary management department for green finance and has established two green branches in Huzhou Changxing and Anji [3] Group 2: Environmental Achievements - As of the end of 2024, the green loan balance of the Hangzhou Branch reached over 120 billion, maintaining the top position among provincial joint-stock banks for several consecutive years [3] - The projects supported by the bank have saved nearly 530,000 tons of standard coal and reduced carbon dioxide emissions by nearly 1.3 million tons annually [3] - The bank has innovated products such as distributed photovoltaic power station asset financing, carbon footprint innovation services, and ESG-linked loans, creating a diversified green finance system [3] Group 3: Social Responsibility Initiatives - The Hangzhou Branch actively practices inclusive finance by providing green supply chain services to leading enterprises and launching online photovoltaic loans and third-party prepayment financing products [3] - The bank participates in environmental public welfare activities, supports rural revitalization, and has introduced innovative products like "Common Prosperity Loan" [3] Group 4: Future Directions - The Hangzhou Branch aims to deepen its innovative practices in the ESG field, focusing on the active private economy and urgent green transformation needs in Zhejiang [4] - It plans to explore more replicable models in environmental finance and social responsibility projects while responding to international ESG standards [4] - The bank seeks to enhance its governance and strengthen multi-party collaboration to provide precise financial support for Zhejiang enterprises facing global challenges, thereby injecting sustainable green momentum into the high-quality development of the Zhejiang economy [4]
兴业银行杭州分行获2024浙江ESG先锋企业”称号