Strategic lead:
/ building the foundations of green finance
The bank insists on a strategic approach to green finance development through top-level design and forward-looking layout, and on setting the foundations for all-round green finance development and behind。
As early as 2021, the bank established the centrality of green finance development in its strategic planning by including green finance in its seven core business strategies. This was accompanied by the three-year green finance development programme of the banco banco banco de la mujeres de l'agriculture, which set up a chain-wide promotion system for “strategic planning - step-by-step implementation - achieving results”, with a clear road map for green finance development。
As part of its organizational set-up, the bank has established the green finance leadership group, set up the green finance specialized centre, created the first green thematic branch throughout the bank, and built a four-tier system of four-tiered green finance organizations, “comprehensive board leadership, senior management deployment, professional guidance from functional departments, implementation of branches”, to systematize and professionalize the management of green finance。
In terms of credit policy support, the bank has for seven consecutive years set targets in its annual management appraisal for green loans, introduced a separate credit scheme for green enterprise loans, and ensured that the size of monthly credits favours green loans. At the same time, through initiatives such as differential lending pricing preferences and due diligence exemptions, client managers are effectively motivated to “gold, willing, able, loan” and build policy guarantees for green credit operations。
Product innovation:
/ widening access to green industry finance
The bank focuses on market demand and business distress and continuously optimizes the green financial product system in order to streamline and characterize financial services, provide holistic financial support in such areas as green agricultural development, beautiful rural construction, eco-environmental conservation, energy-saving and carbon reduction, and create “block points” for green industry financing。
In the context of the green environment project, the bank upgrades the “environmental loan” product, binds loan pricing to the depth of the enterprise's environmental credit rating, implements differential interest rate policies and directs companies to proactively implement their environmental responsibilities; and, in the priority areas of energy-saving emission reductions and carbon abatement, issues the “lucture sou carbon” green financial services programme, which specifically provides loans for green enterprises at low interest rates, medium- and long-term, and credit guarantees, and increases financial support for green agro-enterprises and green private micro-enterprises to match the medium- and long-term financing needs of green enterprises。
In terms of innovation in the way of guarantees, the bank has responded directly to the pain of the green project's “collateralization” problem by innovatively financing carbon emissions pledges, opening critical pathways to the transformation of ecological values to financial values and opening a whole new path to green enterprise finance。
The transfer of special printing paper production from a high-carbon industry, a transformational manufacturing enterprise in jinjiang, is in dire need of financial support for the expansion of green production capacity, but is hampered by the lack of effective guarantees. Following a study visit by the bank, it was found that the parent company held a legal carbon-emission quota and then tailored its carbon-emission-emission-emission guarantee programme. With the approval of the relevant government authorities, the bank has succeeded in granting 10 million yuan in pledge loans to enterprises, effectively breaking down the business guarantee challenge, helping them to break the development bottlenecks and successfully expand green capacity。
By the end of june this year, the bank's green loan balance stood at $21,123 million, an increase of $3,669 billion compared to the beginning of the year and an increase of 21. 02 per cent, significantly higher than the average increase in bank-wide lending; the number of green loan clients increased by 26. 57 per cent compared to the beginning of the year, and the coverage of green financial services continued to expand。
I'm going to give you my first thought
/ transmit green financial life temperature
The bank is committed to integrating financial services with social responsibility, promoting synergies between financial resources, social forces and ecological conservation, and implementing the concept of green development with practical action, drawing a new picture of the “green, ecologically liveable” people。
In the construction of the esg system, the bank has developed a well-established esg governance framework to disclose the first esg report in the national agribusiness banking sector, and to achieve accurate identification and effective control of climate and environmental risks at the governance level. At the same time, joining the united nations environment programme (unep) financial initiative, which became the tenth financial institution in the country and the first signatory to the principles of responsible banking in jiangsu province's agricultural and commercial banking system, it received the honours of the “esg bank of excellence” “golden quality esg award”, and for the fourth consecutive year it won the “esg kim jamlie award” at the jiangsu capital markets summit, which continues to increase the influence of green financial brands。
In its local ecological conservation practices, the bank has been active in implementing the yangtze protection strategy, which, together with the nanjing dolphin aquatic conservation association, has issued a credit card on the theme “smoke dolphin”. The card incorporates features such as annual fee-free, consumer-specific public goods and the exclusive rights of volunteers, integrating the concept of green public goods into daily consumption, with a cumulative circulation of over 100 cards; the western branch of the ito river has created a river porpoise-specific branch, creating a brand of the "smuggle of dolphins" feature; and has jointly launched more than 20 public-interest events, such as river porpoise observation, the free flow of raw fish, and financial literacy campaigns, to safeguard the yangtze ecosystem with financial power, bringing together the social synergy of "protecting waters and building good together"。
In the future, the bank will remain committed to the concept of green low-carbon development and will continue to deepen its strategic layout, expand its service boundaries, enhance its scientific and technological empowerment, promote the deep integration of green financial services with the real economy, and achieve a shared and synergetic vision of green development and financial empowerment。
