BankTrack news
BankTrack blog
Partner news
Partner blog
Bank
Industrial BankChina
Active
This profile is actively maintained
Last update: 2023-02-07 11:04:23
Industrial Bank head offices in Fuzhou. Photo: BankTrack
Active
This profile is actively maintained
Last update: 2023-02-07 11:04:23
About
| Website | https://www.cib.com.cn/en/ |
| Headquarters |
154 Hudong Road
350003 Fuzhou, Fujian
China
|
| CEO/chair |
Tao Yiping 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.
Campaigns
Banks and Climate
The 2022 Banking on Climate Chaos report showed that Industrial Bank provided US$ 66.95 Billion in financing to the fossil fuel industry between 2016 and 2021. Find further details on Industrial 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.
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.
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: 353
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
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: 353
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
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: 353
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
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: 353
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
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: 353
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once
Send feedback
on this profile