INDUSTRIAL BANK(SH:601166) Zhong Guo Jin Rong Xin Xi Wang·2026-01-12 12:25Core Viewpoint - The first biodiversity loan in China, supported by the GF60 Sustainable Investment and Financing Center and aligned with the TNFD framework, has been successfully issued to Zhejiang Shenghua Yunfeng New Material Co., Ltd. for 200 million yuan, aimed at promoting biodiversity protection and sustainable forestry practices [1][2]. Group 1: Loan Details and Framework - The loan of 200 million yuan is the first project that meets the People's Bank of China's biodiversity financial standards while also responding to the TNFD international framework [1][2]. - The project incorporates the LEAP tool to systematically identify and assess the ecological and biodiversity impacts of the financing project, ensuring that all funds are directed towards sustainable forestry [2][5]. Group 2: Industry Impact and ESG Governance - This initiative is expected to empower companies to enhance their ESG governance systems, with Shenghua Yunfeng becoming the first company in China's home furnishing industry to join the TNFD Adopter program [3][4]. - The collaboration signifies a commitment to integrating biodiversity protection into core strategic issues, aiming for higher quality and more sustainable development in the home furnishing sector [3][6]. Group 3: Regulatory and Global Context - The People's Bank of China is promoting biodiversity financial products and services across 26 provinces, indicating a growing regulatory focus on biodiversity-related risks [4][5]. - The TNFD framework is being adopted by over 50 countries, providing essential tools for companies and financial institutions to manage biodiversity risks, which is increasingly recognized as a strategic asset for long-term resilience and innovation [2][6].