The Bank offers customers a comprehensive range of green finance products and services across lending, deposits, investments, debt, equity, leasing, insurance, consulting, and carbon market, among other areas. In 2024, the Bank saw a steady expansion of its green integrated business.

Green asset management products

• BOC Wealth Management managed wealth management products on the theme of green finance worth RMB76,524 million.
• BOCIM developed green and ESG mutual fund products under the three categories of low-carbon and green development concept funds, social responsibility funds, and ESG concept themed funds, raising funds of around RMB3,515 million .

Green insurance products

• BOCG Insurance assumed green insurance liabilities of RMB450,521 million.

Green leasing products

• The balance of green assets under the management of BOC Financial Leasing was RMB32,177 million, accounting for 48.55% of its total outstanding leasing assets.

Green bonds

• BOCI underwrote 18 green and sustainability-linked bonds for 2024, with the underwriting amount exceeding RMB45,874 million equivalent.
• BOCI China underwrote RMB13.73 billion of green bonds for 2024.

Green investment products

• The investment balance of BOC Asset Investment in green finance stood at RMB38,743 million.
• BOC-Samsung Life had outstanding green finance investments worth RMB7,038 million, which included debt investment schemes, equity funds, bonds, and equities.

Rolling out a comprehensive service solution for the NEV industry chain

Recognizing that the entire NEV industry chain is characterized by cutting-edge technologies and numerous niche segments, BOC Anhui Branch established an enterprise database and developed business strategies to create a comprehensive service solution for the NEV industry chain. This solution covers the full product range of "investment, lending, debt, equity, insurance, and leasing".

It aims to provide customers along the industry chain with more comprehensive, systematic, and professional financial services, driving the high-quality development of the NEV industry.

Deepening cooperation with National Green Development Fund Co., Ltd.

The Bank has actively fulfilled its shareholder responsibilities by strengthening its collaboration with the National Green Development Fund Co., Ltd. (NGDF). In 2024, it recommended multiple green equity projects to the NGDF and prompted BOC Asset Investment to invest in an automotive start-up already backed by the NGDF. This effort aims to foster new quality productive forces.

(Note: Statistics as at the end of 2024.)

Properly managing customer ESG risks

The Bank has continuously strengthened the management of customer ESG risks. Specifically, it has incorporated environmental (climate), social, and governance risks into the comprehensive risk management regime in the Comprehensive Risk Management Policy of Bank of China Limited, an overarching guide for its risk management. The Bank has also carried out climate-related stress tests to identify and quantify the financial risks arising from environmental factors as well as the potential opportunities presented by such factors. For details of the Bank's climate risk management initiatives and the outcomes achieved by it, please refer to the "Risk Management" section of the "Environmental Chapter" in this report.