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Hua Xia BankChina
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On record

This profile has not been updated for more than one year, with the information provided here possibly out of date

Created before Nov 2016
Last update: 2016-05-24 11:19:52

Contact:

Yu Xiaogang, Founder of Green Watershed


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About Hua Xia Bank

Hua Xia is a state-controlled bank which began its operations in 1992 in Beijing.  In 1995 it underwent restructuring and transformed itself into a country-wide joint stock commercial bank.  In 2003 Hua Xia bank became the fifth Chinese bank to be publicly listed on the Shanghai Stock Exchange.  By 2008, the bank had created an extensive network of office branches throughout China and overseas.  The bank provides a variety of personal and corporate banking services, and engages in activities such as credit analysis and asset assurance.  

Website http://www.hxb.com.cn/home/en/
Headquarters
Hua Xia Bank Plaza, No.22 Jianguomennei Street, Dongcheng District
100005 Beijing
China
CEO/chair Jian Wu
Chairman
Supervisor
Annual report 2013 Annual Report
Ownership
listed on Shanghai Stock Exchange

Partially State Owned. Deutsche Bank has an equity stake of nearly 20% in Hua Xia bank.

Complaints and grievances

Related Dodgy Deals

Hua Xia Bank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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On record profiles

Policy Assessments

Banks and Nature

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Hua Xia Bank
2022-09-27
CHN
0.2
Laggard

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0
China
Profile
Score
Laggard
0.2
20220927
Last update: 2022-09-27
Explanation

The policy assessment covers the main forest-risk commodity sectors (Beef, Palm Oil, Soy, Timber, Pulp and Paper, and Rubber). Weighted scores are based on the scope of Hua Xia Bank' relevant policies, taking into account different types of financing and the sectors in which the bank is active. Details about the scores per sector policy can be found on Hua Xia Bank' profile.

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
Hua Xia Bank
2022-09-29
CHN
0
Laggard

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0
China
Profile
Score
Laggard
0
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to beef. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the beef industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Hua Xia Bank' profile.

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
Hua Xia Bank
2022-09-29
CHN
0
Laggard

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0
China
Profile
Score
Laggard
0
20220929
Last update: 2022-09-29
Explanation

The policy assessment covers the bank's policies related to palm oil. Weighted scores are based on the scope of ABN AMRO's relevant policies, taking into account what types and how much finance the bank provides to companies active in the palm oil industry. Details of the criteria used to assess the policies and scores for other forest-risk commodity sectors can be found on Hua Xia Bank' profile.

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

| |
Type:
Year:
blog
external news
our news

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

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

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

2011-07-11 | Kunming, China | Green Watershed

Documents

Type:
Year:
annual reports
2015-03-20 00:00:00

2013 Annual Report

2015-03-20 00:00:00 | Hua Xia Bank
our publications
2014-11-25 00:00:00

Going out, but going green?

Assessing the implementation of China's Green Credit Guidelines
2014-11-25 00:00:00 | BankTrack, Friends of the Earth US
ngo documents
2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
2013-11-25 00:00:00 | Green Watershed
annual reports
2013-04-24 00:00:00

Annual Report 2012 (Chinese)

2013-04-24 00:00:00 | Hua Xia Bank
annual reports
2013-04-24 00:00:00

Corporate Social Responsibility Report 2012 (Chinese)

2013-04-24 00:00:00 | Hua Xia Bank
correspondence
2012-11-06 00:00:00

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

2012-11-06 00:00:00 | BankTrack et al.
annual reports
2012-06-14 00:00:00

CSR Report 2011 (Chinese)

2012-06-14 00:00:00
ngo documents
2012-04-18 00:00:00

Environmental Report on Chinese Banks (2011)

-Chinese version-
2012-04-18 00:00:00 | Green Watershed
ngo documents
2012-03-28 00:00:00

Executive Summary of Environmental Report on Chinese Banks (2011)

2012-03-28 00:00:00 | Green Watershed
annual reports
2012-03-23 00:00:00

Annual Report 2011 (Chinese)

2012-03-23 00:00:00
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
correspondence
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
correspondence
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)

2011-08-29 00:00:00 | Green Watershed
annual reports
2011-06-17 00:00:00

Annual Report 2010

2011-06-17 00:00:00 | Hua Xia Bank
annual reports
2010-07-09 00:00:00

Annual Report 2009

2010-07-09 00:00:00 | Hua Xia Bank

Links

EPN assessment of policies against 14 minimum criteria - Hua Xing Bank

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/hua-xia-bank/

Policies

Voluntary standards

Hua Xia Bank has committed itself to the following voluntary standards:
  • Principles for Responsible Banking (PRB)

Investment policies

The bank declared in its CSR policy improvements listed below. You can find policy texts under "Documents" section if the bank has disclosed any of them.

2008

None

 

2009

None

 

2010

The Bank:

 

  • Established “Huaxia Bank Compliance Risk Management Procedures”, clearly defining the bank's risk management goals and refining compliance risk management requirements.
  • Prepared “Huaxia Bank Compliance Manual”.

 

 

2011

None

 

2012

As a guide for the future development of the long-term, strategic direction of green credit business, the preparation and implementation of the "China Green Credit Bank Guidelines" actively promotes green credit, cutting wasteful consumption, and efficient and sustainable operations. In 2012, Nanning Branch, along with other regional branches, drafted the "Nanning Branch of Huaxia Bank Green Credit Product Guide."

 

Year:

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