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China Construction BankChina
Active
This profile is actively maintained
Last update: 2023-02-03 13:40:54
China Construction Bank head office in Beijing. Photo: 高晶 at Chinese Wikipedia (CC-BY-SA 3.0)
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 | |
| 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.
China Construction Bank has committed itself to the following voluntary standards:
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.
Projects / Companies
Finance type
Year
Campaigns
Banks and Climate
The 2023 Banking on Climate Chaos report showed that China Construction Bank provided US$ 79.96 Billion in financing to the fossil fuel industry between 2016 and 2022. 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.
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of China Construction Bank's 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.
Global Human Rights Benchmark 2022
BankLast update
Country
Score
Ranking
Details
China Construction Bank
CHN
0.5
Laggard
0
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.
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
China Construction Bank
2022-09-21
CHN
0.5
Laggard
0
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.
Forest & Finance Policy Assessment 2022: Beef
BankLast update
Country
Score
Ranking
Details
China Construction Bank
2022-09-21
CHN
0.5
Laggard
0
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.
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
China Construction Bank
2022-09-21
CHN
0.5
Laggard
0
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
Resources
Documents
Links
Accountability
Grievances
Response
tracking
China Construction Bank does not operate a complaints or grievances channel for individuals and communities that may be adversely affected by the bank's finance.
This page evaluates China Construction Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
East African Crude Oil Pipeline (March 2021)
0
0
0
0
Response
0
Out of 1
Rationale for score
The bank did not respond. Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action. Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored measures taken by its client to address the impacts associated with the project. Average
0%
0
0
0
0
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