Guidelines on Corporate Social Responsibility for Banking Financial Institutions in China

Issuer name

China Banking Association (CBA)

More information

Issued by the China Banking Association (CBA), the guidelines’ purpose is to urge financial institutions to assume corporate social responsibility and promote harmonious and sustainable development of the economy, society and the environment. The guidelines are applicable to all banking financial institutions with a corporate status in China. The guidelines elaborate on CSR from three perspectives: economic responsibility, social responsibility and environmental responsibility, and also make recommendations for management control mechanisms and systems in relation to implementing CSR in financial institutions. The most pressing aspect of the guidelines is that CBA advises all banks to produce an annual CSR report.

Reporting resources

True

Organizations covered by the instrument

All Companies

Target organization notes

banks and financial institutions

Industry scope

Financial Services

Disclosure venue

Sustainability report

ESG coverage - E (Environment)

All

ESG coverage- S (Social)

All

ESG coverage- G (Governance)

All

ESG coverage- Eco (Economic & General)

Trade and Investment, Economic performance, Indirect economic impacts