51 Banks and Guarantees ESG Quantitative Competition! Bank credit ratio reaches 60.58% – Sina Hong Kong

In the ESG quantitative competition, a total of 51 financial institutions participated in the competition, including banks, securities and insurance companies. These institutions actively disclose ESG reports to increase transparency and responsibility to ensure sustainable development.

Bank credit ratio reaches 60.58%

According to the latest data, 60.58% of the 21 listed banking institutions have disclosed their 2022 ESG reports. This reflects the banking industry’s growing focus on environmental, social and governance issues.

Mandatory disclosure for listed companies

Banking institutions account for a large proportion of listed companies participating in mandatory disclosure, with a total of 21 participating. These banks actively fulfill their social responsibilities and actively participate in the disclosure of ESG reports.

ESG reporting disclosure status

According to statistics, so far, only 4 banking institutions have disclosed ESG reports for 2022. This shows that many banks still need to step up their pace and improve the disclosure rate of ESG reports.

• 22 brokerage institutions
• 5 insurance companies
• 3 other financial services companies

In addition to banking institutions, there are also securities firms, insurance companies and other financial services companies participating in the ESG quantitative competition. The active participation of these financial institutions will help push the entire industry in a more sustainable direction.