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Home > This is BOC > Corporate Social Responsibilities > Strategic Financial Engines > Green Finance for Sustainability
Deepening Global Climate Cooperation

The Bank actively contributes to the development of the global climate governance system through win-win cooperation. It diligently fulfils its responsibilities across more than ten green and ESG-related initiatives and mechanisms, participates in the formulation of various green and sustainability standards, and conducts research on cutting-edge issues. Additionally, the Bank engages in exchange and cooperation projects, as well as dialogue with domestic and international partners on green development.

Duty Performance by BOC Across Green and ESG-related International Mechanisms
Green and ESG-related mechanisms
the Bank has joined		 Performance of duties
United Nations Principles for Responsible Banking
(UN PRB)		 Actively engaging in communication and cooperation events related to the PRB and issuing reports on time.
Green Investment Principles for the Belt and Road
Initiative (GIP)		 Getting various aspects of work related to the GIP done properly, and performing the duties assigned to the co-chair of the GIP Working Group for Transition Finance.
The Sustainable Markets Initiative (SMI) China Council Being re-elected as the vice-chair of the SMI China Council, attending the SMI China Council meetings, and conducting seminars related to sustainable development.
Green Development Investment and Financing Partnership Continuing to perform its duties well and support the green implementation of the
BRI as the only commercial bank member.
China-UK Green Finance Group Participating in working group exchanges and seminars
to promote practical cooperation in green finance between China and the UK.
Working Group for Sustainability Information
Disclosure by UK-China Financial Institutions		 Conducting disclosure and in-group communication.
Taskforce on Nature-related Financial Disclosures
(TNFD)		 Joining the working group as the first Chinese-funded financial institution
to assist in the translation and promotion of Chinese-language documents.

Some research programmes conducted

  • The Bank jointly issued with the Ministry of Water Resources of China the Guiding Opinions on Financial Support for High-Quality Development of Water-Saving Industry.
  • The Bank led the compilation of the Research Report on International Experience in Green Finance, which was released at the annual conference of the Green Finance Committee of China Society for Finance and Banking.
  • The Bank completed a research programme under the NAFMII, with its findings, Carbon Finance Business Scenarios and Policy Recommendations for Commercial Banks, published in Financial Market Research.
  • The Bank completed the research programme Financial Regulations, Peer Experiences, and Frontier Strategy Recommendations Regarding EU Biodiversity, the results of which were incorporated into the Annual Report 2024: Harnessing Biodiversity Finance for People and Planet and presented to international delegates at the 16th meeting of the Parties to the Convention on Biological Diversity (CBD COP16).

The Bank deepened China-UK cooperation on green finance and biodiversity. It renewed the Memorandum of Understanding on Green and Biodiversity Finance Cooperation with the UK government, and joined the Taskforce on Nature-related Financial Disclosure (TNFD) as the first Chinese-funded financial institution. The Bank's three green finance-related achievements were featured in the outcomes of the 11th China-UK Economic and Financial Dialogue (EFD), positioning it as a leader among major industry peers.

Comprehensive Operating Companies

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