BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.
We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.
Bank of China headquarters in Beijing. Photo: Max12Max via Wikimedia Commons (CC BY-SA 4.0)Bank of China is one of China's Big Four joint-stock commercial banks and was founded in 1912. Bank of China offers commercial banking, investment banking, insurance, asset management, aircraft leasing and other financial services. It is the most internationally orientated bank in China. The bank is owned by the state via a majority share of 64%.
| Website | http://www.boc.cn/en/index.html |
| Headquarters |
No.1 Fuxingmen Nei Street, Xicheng District
100818 Beijing
China
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| CEO/chair |
Chen Siqing Vice Chairman and President |
| Supervisor | |
| Annual reports |
Annual report 2018 CSR report 2018 |
| Ownership |
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
Bank of China's share holder structure can be viewed here. Central Huijin Investment (a state owned investment company) holds a majority share of 64.02%. |
Bank of China has a corporate social responsibility webpage, which can be viewed here. The bank declared its CSR policy improvements as listed below:
2012 Draft and improvement of credit policies related to environmental protection as well as energy savings and emission reductions, however there was no public announcement.
2011 The bank developed credit policies concerning environment protection and energy-saving and emission-reducing credit. However, the policies were issued as an external file and were not disclosed to public.
2010 In May 2010, the Bank published “Guidelines for Support of Energy-saving and Emission-reducing Credit”, providing systemic guarantees to green credit promotion and development.
2009 The bank published “Credit Policy Guidelines for Support of Energy-saving Emission-Reducing Projects”, as well as an interpretation of the guidelines in the media.
Bank of China's subsidiary Bank of China Hong Kong has published environmental and csr policies on its corporate and social responsibility webpage as listed below.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Bank of China on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Bank of China is assessed as a Laggard, with a total score of 0/12.
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