INDUSTRIAL BANK(SH:601166) Jiang Nan Shi Bao·2025-10-27 13:09Core Viewpoint - The sustainable finance sector should focus on supporting low-carbon transitions, creating a strong collective force across society to address climate challenges [1][2] Group 1: Company Initiatives - Industrial Bank has been exploring sustainable finance for 20 years, developing a path that integrates profit with social responsibility [1] - The bank's green financing balance is nearly 2.5 trillion yuan, with green loan balance exceeding 1 trillion yuan and a non-performing loan rate of only 0.57% [1] - The establishment of a strategic and ESG committee at the board level has strengthened relationships with stakeholders and laid a solid foundation for sustainable development [2] Group 2: Industry Context - Despite some countries withdrawing from the Paris Agreement, global climate actions continue, with China announcing new NDC targets at the UN Climate Change Summit in September [2] - The financial sector is encouraged to innovate and provide diversified financial services, as China leads globally in green loans and bonds but still has room for growth in green investment and asset management [3] - The carbon market should be more open and inclusive to enhance resource allocation efficiency, with financial institutions encouraged to participate in national carbon market trading [3] Group 3: Recommendations for Sustainable Finance - Industries should focus on low-carbon transitions, emphasizing ESG system construction and new technology applications [2] - Financial services should align with the needs of real enterprises, providing both financial and non-financial support for carbon reduction [3] - Regulatory bodies are urged to introduce more incentives for carbon reduction support tools and adjust risk weights for green financing to encourage banks' participation [3]