Blog
BankTrack news
BankTrack blog
Partner news
Partner blog
Bank
Industrial BankChina
Active
This profile is actively maintained
Last update: 2025-01-17 00:00:00
Industrial Bank head offices in Fuzhou. Photo: BankTrack
Active
This profile is actively maintained
Last update: 2025-01-17 00:00:00
Bank info
BankTrack campaigns
All
About
| Website | https://www.cib.com.cn/en/ |
| Headquarters |
154 Hudong Road
350003 Fuzhou, Fujian
China
|
| CEO/chair |
Chen Xinjian Vice Chairman, Executive Director ,President |
| Supervisor | |
| Ownership |
listed on Shanghai Stock Exchange
Industrial Bank's shareholder structure can be viewed here. |
The Industrial Bank was founded in 1988 and was one of the first batch of joint-stock commercial banks approved by the State Council and the People's Bank of China. The Industrial Bank is considered to be one of the early movers in sustainable finance in China. It was also the first Chinese bank to sign the Equator Principles.
Sustainability
Commitments
Policies
Voluntary standards
Industrial Bank's most important sustainability commitments can be found at the website sections listed below.
Industrial Bank has committed itself to the following voluntary standards:
Dodgy Deals
Industrial 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 Industrial Bank's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
Industrial Bank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's financing.
Industrial Bank is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates Industrial 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
A PHP Error was encountered
Severity: Warning
Message: Division by zero
Filename: bankprofile/response_tracking.php
Line Number: 200
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
Average
A PHP Error was encountered
Severity: Warning
Message: Division by zero
Filename: bankprofile/response_tracking.php
Line Number: 209
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
NAN
A PHP Error was encountered
Severity: Warning
Message: Division by zero
Filename: bankprofile/response_tracking.php
Line Number: 217
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
A PHP Error was encountered
Severity: Warning
Message: Division by zero
Filename: bankprofile/response_tracking.php
Line Number: 220
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
A PHP Error was encountered
Severity: Warning
Message: Division by zero
Filename: bankprofile/response_tracking.php
Line Number: 223
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 270
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 531
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 331
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
Banks and Climate
Banks and Climate
The 2025 Banking on Climate Chaos report showed that Industrial Bank Company provided $38.9 bn in financing to the fossil fuel industry between 2021 and 2024. In 2024 only, Industrial Bank Company provided $11.8 bn, including $9.2 bn for oil, gas and coal companies expanding fossil fuels. Find further details on Industrial Bank Company's fossil fuel portfolio and how it compares to other large banks globally on the Banking on Climate Chaos website below.
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tracker (CPT) and the Oil and Gas Policy Tool (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Industrial Bank's fossil fuel policy below.
Banks and Steel
Banks and Steel
According to a report by Reclaim Finance, between 2016 and June 2023, Industrial Bank Company provided $5.6 billion in finance to the fossil-steel industry, making it the 24th largest financier worldwide. Find further details on Industrial Bank Company's steel financing and how it compares to other large banks globally in the report.
Send feedback
on this profile