Core Insights - Weihai Bank has officially released its 2024 Natural Related Financial Disclosure (TNFD) report, becoming the first commercial bank in China to systematically disclose natural-related information [1] - The TNFD disclosure is a significant step for Weihai Bank in practicing sustainable development, showcasing its commitment to ecological protection and sustainable practices [1] - The report evaluates the dynamic relationship between the bank's operations and the natural environment across four dimensions: governance, strategy, risk and impact management, and metrics and targets [1] - The bank employs the LEAP (Locate, Evaluate, Analyze, Prepare) methodology to analyze its dependence on and impact on natural capital, identifying related risks and opportunities [1] - As the first city commercial bank in Shandong Province to sign the United Nations Principles for Responsible Banking, Weihai Bank is positioning itself for sustainable development [1] Future Directions - Weihai Bank plans to continue implementing new development concepts, deepen natural-related financial innovations, and enhance its information disclosure system [2] - The bank aims to direct more financial resources towards ecological protection, energy conservation, and clean energy sectors, contributing to high-quality sustainable economic development [2]
威海银行发布国内银行业首份TNFD报告