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ICBC Zurich Branch ESG Information
 

In the process of business development, ICBC Zurich Branch follows the Head Office ESG strategy, earnestly implements the group’s strategy of “developing into a world-leading green bank with a good international reputation”, performs its social responsibility ,integrates its business into the sustainable green finance practice in Switzerland and serve the real economy with green finance.

Since the establishment in 2018, Zurich Branch actively established an integrated marketing and approval mechanism for green finance, and took multiple measures to fulfill its service commitment to the transformation to a green economy and the development of global green finance. In 2021, Zurich Branch successfully organized nine syndicated loans linked to sustainable development indicators, with a cumulative loan commitment of more than USD400 million. The indicators directly related to sustainable development include ESG score, traceability ratio of green products, and carbon emission, covering clean energy, grain production, food trade, agrochemical technology and other hot areas of sustainable development reform. At the same time, the Branch actively participates in green bond investment in the Chinese and Swiss financial markets and continues to provide green financing support to high-quality customers in the green economy such as ecological protection, clean energy, energy conservation and environmental protection, green transportation, circular economy and low-carbon economy by increasing green bond investment.

Zurich Branch is looking forward to cooperating with you in green finance, and let us contribute to global sustainable development together!