Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
Karen Vermeer - BankTrack
Bank of China is one of China's Big Four joint-stock commercial banks. Bank of China offers commercial banking, investment banking, insurance, asset management, aircraft leasing and other financial services in line with the demands of its different customers worldwide.
No.1 Fuxingmen Nei Street, Xicheng District
CHEN Siqing |
Vice Chairman and President
Annual Report 2015|
Corporate Social Responsibility Report of Bank of China Limited for 2015
listed on Hong Kong Stock Exchange & Shanghai Stock Exchange
Bank of China has a CSR web page, here.
The bank declared in its CSR policy improvements listed below:
The Bank published “Credit Policy Guidelines for Support of Energy-saving Emission-Reducing Projects”, as well as an interpretation of the guidelines in the media.
In May 2010, the Bank published “Guidelines for Support of Energy-saving and Emission-reducing Credit”, providing systemic guarantees to green credit promotion and development.
In 2011, the bank developed credit policies concerning environment protection and energy-saving and emission-reducing credit. However, the policies were issued as an external file and were not disclosed to public.
Draft and improvement of credit policies related to environmental protection as well as energy savings and emission reductions, however there was no public announcement.
True leader Front runner Follower Laggard
BankTrack has assessed Bank of China on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Bank of China is assessed as a Laggard, with a total score of 0/12.