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Last update: 2023-02-03 13:40:54

Active

This profile is actively maintained

Last update: 2023-02-03 13:40:54

About

Website	http://en.ccb.com/en/home/indexv3.html
Headquarters	25 Finance Street, Xicheng District Beijing China
CEO/chair	Tian Guoli Chairman, Executive Director
Supervisor	China Banking and Investment Regulatory Commission (CBIRC)
Ownership	listed on Hong Kong Stock Exchange & Shanghai Stock Exchange Central Huijin Investment (a state-owned investment company) holds a majority share of 57.11% in China Construction Bank.

China Construction Bank (CCB), established in 1954, is one of the largest commercial banks in the world. CCB's business consists of corporate banking, personal banking, and treasury operations. It operates a network of 39 domestic branches and many sub-branches around mainland China. The bank operates overseas branches in Tokyo, Frankfurt, Ho Chi Minh City, New York, Seoul, Hong Kong, Sydney, Singapore, Johannesburg and a wholly owned subsidiary in London.

Sustainability

Commitments

Policies

Voluntary standards

China Construction Bank has no publicly available bank policies. The bank's CSR web page only lists its most recent annual CSR reports.

Guidelines on environmental information disclosure for financial institutions

Bank policy

2021-07-22 00:00:00 | People's Bank of China

Green, Social, Sustainability and Sustainability-Linked (“GSSS”) Bond Framework

Bank policy

2021-04-01 00:00:00 | China Construction Bank

Modern Slavery Statement

Bank policy

2019-06-11 00:00:00 | China Construction Bank

Anti Money Laundering Questionnaire

(The Wolfsberg Group)

Bank policy

2017-01-06 00:00:00 | China Construction Bank

China Construction Bank has committed itself to the following voluntary standards:

Banking Environment InitiativeTags:

Global Reporting InitiativeTags: sustainable development | human rights

Guidelines for Ecological Environmental Protection of Foreign Investment Cooperation and Construction ProjectsTags: China | corporate social responsibility

Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations

Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance

Dodgy Deals

China Construction Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of China Construction Bank's link to these deals.

Campaigns

Banks and Climate

The 2022 Banking on Climate Chaos report showed that China Construction Bank provided US$ 68.68 Billion in financing to the fossil fuel industry between 2016 and 2021. Find further details on China Construction Bank fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of China Construction Bank fossil fuel policy below.

Banks and Human Rights

BankTrack assessed China Construction Bank in its 2022 Global Human Rights Benchmark, where it achieved 0.5 points out of 14 and was ranked as a laggard. In addition, China Construction Bank scored 0 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the "Accountability" section of this profile.

BankLast update

Country

Score

Ranking

Details

China Construction Bank

CHN

0.5

Laggard

Explanation

Laggard

Follower

Front runner

Leader

0 - 3 points

3.5 - 6.5 points

7 - 10 points

10.5 - 14 points

For more details see this page.

Banks and Nature

China Construction Bank’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 0.5 out of 10 and ranking it as a laggard. China Construction Bank achieved a score of 0.5 out of 10 specifically for its policies related to the beef sector and 0.5 out of 10 for its policies related to the palm oil sector. In addition, BankTrack and the Environmental Paper Network have assessed China Construction Bank’s policies related to the pulp and paper sector.

Between 2016 and 2022, China Costruction Bank provided USD 1,855 million in credit to companies operating in these forest-risk sectors and held investments amounting to USD 1 million as of 2022. For more information, see the links below.

BankLast update

Country

Score

Ranking

Details

China Construction Bank

2022-09-21

CHN

0.5

Laggard

Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard

Follower

Front runner

Leader

0 - 1 points

1 - 4 points

4 - 7 points

7 - 10 points

For more details see this page.

BankLast update

Country

Score

Ranking

Details

China Construction Bank

2022-09-21

CHN

0.5

Laggard

Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard

Follower

Front runner

Leader

0 - 1 points

1 - 4 points

4 - 7 points

7 - 10 points

For more details see this page.

BankLast update

Country

Score

Ranking

Details

China Construction Bank

2022-09-21

CHN

0.5

Laggard

Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard

Follower

Front runner

Leader

0 - 1 points

1 - 4 points

4 - 7 points

7 - 10 points

For more details see this page.

News

BankTrack

Partners

Blog

External

Active

Active

Guidelines on environmental information disclosure for financial institutions

Green, Social, Sustainability and Sustainability-Linked (“GSSS”) Bond Framework

Modern Slavery Statement

Anti Money Laundering Questionnaire

Banks and Climate

Banks and Human Rights

Global Human Rights Benchmark 2022

Banks and Nature

Forest & Finance Policy Assessment 2022: Overall scores

Forest & Finance Policy Assessment 2022: Beef

Forest & Finance Policy Assessment 2022: Palm Oil

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

Global bank policies ‘dangerously inadequate’ to prevent financing of deforestation, climate chaos and human rights abuses

Santos announces refinancing of syndicated debt facilities

CBIRC releases the Green Finance Guidelines for Banking and Insurance Sectors

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Banks failing to address severe human rights impacts transparently, finds BankTrack research

A future without coal: banking on Asia's just energy transition

‘Wreckers of the Earth’: 300 London-based companies destroying the planet

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

Chinese banks urged to divest from firms linked to deforestation

World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds

Under the spotlight: Chinese banks' risky agribusiness portfolio

China is world’s second largest financier of deforestation-linked commodities

Climate Chaos: NGOs Name Top Banks Who Put $3.8 Trillion Into Fossil Fuels

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Over 260 organisations call on banks not to finance Total’s East African Crude Oil Pipeline

Will China continue to bank on coal?

265 Civil society groups call on Chinese actors to ensure that Covid-19 financial relief does not bail out harmful projects

Global finance sector failing to apply conservation criteria to pulp and paper funding

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

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

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

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

Chinese banks rule out Carmichael coal mine!

Adani Group: China Construction Bank won't grant loan, PR firm says

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

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

Foreign investors eye RI banks

Call for banks to divest from APRIL

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

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

Chinese banks ignore pleas of Ecuador mining campaigners

Australian coal projects could be ineligible to receive Chinese finance

Bankrolling Climate Change

China digs in conflict-ridden Burma for oil and gas

Chinese NGOs Rank the Country’s Major Financiers, Launch Sustainability Benchmarking of Chinese Commercials Banks

Time to volunteer

BankTrack calls upon banks to Close the Gap on investment policies

Chinese NGOs announce the second Green Banking Innovation Award

民间环保团体评出第二届绿色银行创新奖

China adopts sustainable lending laws

中国采纳可持续借贷法规

New Financiers and the Environment

Chinese banks need to catch up on environmental policies

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

Who is Who No. 3 - Chinese commercial banks: an NGO guide

BankTrack Global Human Rights Benchmark 2022

The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3 (Chinese version)

Annual report 2021

CSR report 2021

Banking on Climate Chaos 2022

Actions speak louder: Assessing bank responses to human rights violations

Drill, baby, drill

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

Guidelines on environmental information disclosure for financial institutions

Forests & Finance 2021 Briefing - Is Your Money Destroying Rainforests or Violating Rights?

CSR Report 2020

Green, Social, Sustainability and Sustainability-Linked (“GSSS”) Bond Framework

Annual report 2020

Open Letter from over 260 civil society organisations to banks on EACOP

Who is who in the Chinese lending institutional landscape

中国银行业环境记录2010

中资银行：谁比谁更绿民间报告首度披露14 家中资上市银行绿色信贷现状