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About Bank of Communications
Founded in 1908, Bank of Communications is one of the major financial services providers in China. The Bank's business includes commercial banking, insurance and offshore financial services. It has branches in Hong Kong, New York, Tokyo, Singapore, Seoul, Frankfurt, Macau and Ho Chi Minh City and representative offices in London, Sydney and Taipei. Subsidiaries controlled by the Bank include BOCOM Schroder Fund Management, BOCOM International Trust and BOCOM Insurance.
188 Yinchengzhong Road
Ren Deqi |
Chairman, Executive Director
|Annual report||CSR Report 2020|
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
Bank of Communications' complete shareholder structure can be accessed here.
|Complaints and grievances||
Bank of Communications does not operate a complaints or grievances channel for individuals or communities that may be adversely affected by its finance.
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Banks and Climate
Bank net zero commitments
Goal 2025/2030: None
Goal 2050: None
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
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Going out, but going green?
An Open Letter from a Coalition of Environmental NGOs to 16 Chinese banks Regarding the Chromium Pollution Incident in Luliang(English)
Voluntary standardsBank of Communications has committed itself to the following voluntary standards:
Bank of Communications does not have a web page on corporate social responsibility, nor does it have publicly available investment policies. The bank only lists its most recent annual CSR reports.