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World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club

Few banks acknowledge relation between fossil fuels and climate breakdown

Banks massively financing fossil fuels unclear about future of ... fossil fuels

2018-12-20 | Nijmegen | Claire Hamlett – BankTrack

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club

The Chinese government has become an unexpected leader in pushing for new green credit policies, but are Chinese banks doing their part to keep the belt and road initiative green?

Investing in a Green Belt and Road? Assessing the Implementation of China’s Green Credit Guidelines Abroad

2017-12-13 | Friends of the Earth US

2017-08-01 | Environmental Paper Network

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

Social conflict and environmental destruction are rife in its operations

Call for banks to divest from APRIL

2014-12-10 | Nijmegen | BankTrack, Environmental Paper Network

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.

Banks not yet living up to UN human rights principles, finds BankTrack

2014-12-02 | Geneva | BANKTRACK

2014-10-29 | Nijmegen | BankTrack

'Record year' for bank coal financing as latest UN climate warning looms

2013-07-24 | Melbourne | Market Forces

Australian coal projects could be ineligible to receive Chinese finance

2010-08-03 | China Dialogue

Time to volunteer

2010-06-09 | Xinhua | China Daily

Agricultural Bank of China's IPO plan approved

International banks must take responsibility in advocating for better standards

Chinese banks need to catch up on environmental policies

2007-05-09 | San Fransisco, Utrecht | Friends of the Earth US

Documents

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Type:

Year:

2018-10-16 00:00:00 | BankTrack and 120 organisations

2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to Agricultural Bank of China on Demands FBNT campaign

2018-05-09 00:00:00 | Agricultural Bank of China

2018-05-09 00:00:00

Annual Report 2017

2018-05-09 00:00:00 | Agricultural Bank of China

2018-05-09 00:00:00

CSR report 2017

2017-11-24 00:00:00 | 30 Indonesian NGOs

2017-11-24 00:00:00

Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)

An Assessment of Bank Policies for Financing Pulp and Paper

2017-08-01 00:00:00

In the Red

2017-08-01 00:00:00 | Environmental Paper Network

2017-03-31 00:00:00 | Agricultural Bank of China

2017-03-31 00:00:00

CSR report 2016

2017-03-31 00:00:00 | Agricultural Bank of China

2017-03-31 00:00:00

Annual report 2016

2016-09-01 00:00:00 | BankTrack

2016-09-01 00:00:00

Green Paper, Red lines

Chinese version

2016-07-26 00:00:00 | Agricultural Bank of China

2016-07-26 00:00:00

Corporate Social Responsibility Report 2015

2016-06-30 00:00:00 | Agricultural Bank of China

2016-06-30 00:00:00

Annual Report 2015

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights

2016-06-30 00:00:00

Banking with Principles? Second Edition June 2016

2016-06-30 00:00:00 | BankTrack

Requirements for pulp and paper industry finance

2016-06-02 00:00:00

Green Paper, Red Lines

2016-06-02 00:00:00 | BankTrack, Environmental Paper Network

csr policies

Agricultural Bank of China Green Bond Management Statement

2015-05-01 00:00:00 | Agricultural Bank of China

2015-05-01 00:00:00

Corporate Social responsibility Report 2014

2015-03-24 00:00:00 | Agricultural Bank of China

2015-03-24 00:00:00

Annual Report 2014

2014-12-10 00:00:00 | EPN

2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights

2014-12-02 00:00:00

Banking with Principles?

2014-12-02 00:00:00 | BankTrack

Assessing the implementation of China's Green Credit Guidelines

2014-11-25 00:00:00

Going out, but going green?

2014-11-25 00:00:00 | BankTrack, Friends of the Earth US

2014-07-02 00:00:00 | Agricultural Bank of China

2014-07-02 00:00:00

Agricultural Bank of China Limited Corporate Social Responsibility Report 2013

2014-05-01 00:00:00 | Agricultural Bank of China

2014-05-01 00:00:00

2013 Annual Report

2013-11-25 00:00:00 | Green Watershed

2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-

2013-01-01 00:00:00 | Agricultural Bank of China

2013-01-01 00:00:00

2012 CSR Report

2013-01-01 00:00:00 | Agricultural Bank of China

2013-01-01 00:00:00

Annual Report 2012

2012-11-26 00:00:00 | Green Watershed

2012-11-26 00:00:00

Environmental report on Chinese banks 2011

-English summary-

2012-11-06 00:00:00 | BankTrack et al.

2012-11-06 00:00:00

Letter from BankTrack et al. to various financial institutions on APP

2012-06-20 00:00:00 | IKV Pax Christi & FairFin

2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

2012-04-18 00:00:00 | Green Watershed

2012-04-18 00:00:00

Environmental Report on Chinese Banks (2011)

-Chinese version-

2012-03-28 00:00:00 | Green Watershed

2012-03-28 00:00:00

Executive Summary of Environmental Report on Chinese Banks (2011)

bank documents

2012-02-24 00:00:00

Notice of the CBRC on Issuing the Green Credit Guidelines

2012-02-24 00:00:00 | China Banking Regulatory Commission

2011-08-29 00:00:00 | Green Watershed

2011-08-29 00:00:00

民间环保组织就陆良化工铬污染事件致16家中资上市银行的公开信（Chinese）

2011-08-29 00:00:00 | Green Watershed

2011-08-29 00:00:00

An Open Letter from a Coalition of Environmental NGOs to 16 Chinese banks Regarding the Chromium Pollution Incident in Luliang(English)

2011-06-24 00:00:00 | Friends of the Earth US

2011-06-24 00:00:00

China Sustainable Finance Newsletter #12 -English-

Agricultural Bank of China Cluster Munitions Investments

2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi

2010-11-29 00:00:00 | Friends of the Earth US

2010-11-29 00:00:00

China Sustainable Finance Newsletter #10 -English-

2010-09-01 00:00:00 | Friends of the Earth US

2010-09-01 00:00:00

China Sustainable Finance newsletter #9 -English-

Credit where its due (2)

2010-07-26 00:00:00 | Adina Matisoff, Foe US

Credit where its due (1)

2010-07-26 00:00:00 | Friends of the Earth US

Policies

Voluntary initiatives

Agricultural Bank of China has committed itself to the following voluntary standards:

China Green Credit Directive
Global Reporting Initiative
Green Bond Principles

Investment policies

The Agricultural Bank of China has no publicly available investment policies (May 2018). In its CSR Report of 2017, under 'Responsibility Management' it mentions:

ABC has established and optimized its social responsibility management system, and continuously implemented management rules including the Agricultural Bank of China Guidelines for Social Responsibility, Agricultural Bank of China Indicator System for Social Responsibility and Agricultural Bank of China Guidelines for Public Welfare Projects. Led by the corporate culture department of the Head Office, all departments of the Head Office and its branches have specific positions to oversee daily CSR work.

As key topics the bank identifies:

Serving 'Sannong'
Supporting the national economy and people's livelihoods
Promoting ecological progress
Striving for excellent quality
Employee progression
Promoting social harmony

ABC relates these topics to the Sustainable Development Goals, specificially SDG 1, 2, 3, 4, 5, 6, 8, 9, 11, 12, 13.

'Environment' is also stated as a stakeholder in the 2017 CSR report.

Under 'Responsibility Policies' ABC states:

ABC will unswervingly undertake the five major tasks of serving the real economy, preventing and controlling financial risks, promoting business transformation, deepening reform and comprehensively strengthening Party self-discipline. ABC will also serve the national policies of fighting “three critical battles” on forestalling and defusing major risks, targeted poverty alleviation, and addressing pollution, striving to build a world-class commercial banking corporation.

Year:

csr policies

Agricultural Bank of China Green Bond Management Statement