Xin Jing Bao·2025-08-14 03:40Core Viewpoint - CITIC Bank is committed to promoting green finance and sustainable development, aligning with the philosophy that "lucid waters and lush mountains are invaluable assets" [4][10]. Group 1: Green Finance Initiatives - CITIC Bank has established a comprehensive governance structure for sustainable development, including a green finance development plan for 2024-2026 [4]. - The bank's green credit balance has exceeded 600 billion yuan, actively supporting industries and projects that align with green development trends [5]. - Innovations in green financial products include the issuance of the first overseas green bond and the launch of the first domestic biodiversity-themed bond index [5][6]. Group 2: Regional Contributions - Various branches of CITIC Bank are implementing green finance initiatives, such as: - Beijing branch supporting carbon reduction projects [6]. - Tianjin branch providing 110 million yuan in loans for a major seawater desalination project [6]. - Shanghai branch introducing CCER pledge loans for green low-carbon transitions [6][7]. Group 3: Climate Risk Management - CITIC Bank has developed a robust climate risk management system and is a supporter of TCFD and a member of the "Climate Investment and Financing Alliance" [10]. - The bank has established a management mechanism for climate risk identification, assessment, and response, integrating climate risk into its overall risk management framework [12][13]. Group 4: Low-Carbon Operations - The bank has incorporated low-carbon principles into its operational management, implementing guidelines to manage environmental footprints across various dimensions [14]. - Initiatives include promoting paperless operations and energy-saving renovations, with the Huzhou Deqing branch achieving LEED Gold certification for green building [15].