On November 24, 2018, the 14th China-Corporate Social Responsibility International Forum, hosted by the China News Service and China Newsweek, was held in Beijing. After the comprehensive selection by an authoritative evaluation expert committee, IB was awarded the title “2018 Annual Responsible Enterprise” by virtue of its efforts and outstanding achievements in corporate social responsibility.
The year of 2018 marks the 30th anniversary of IB’s establishment and the 10th anniversary of IB’s adoption of the Equator Principles. As the first EPFI in China, IB upholds the corporate governance concept of “sustainable development” and has grown into a modern financial services group with leading green finance and international influence after three decades of innovative development. It has gradually launched the green finance products and services system such as loans for energy conservation and reduction of carbon dioxide emission, carbon finance, finance on emission right, low-carbon theme credit cards and green finance bonds, and has taken a sustainable development path of “integrating righteousness with profitability, from Green to Gold”. As a veritable explorer and leader of green finance in China, IB has joined hands with such stakeholders as the financial peers and customers to jointly contribute to the sustainable social development in China. By the end of the third quarter of 2018, IB has provided the financing of green finance to 16,435 enterprises for a total of RMB 1,645 billion, which can save the consumption of 29.59 million tons of standard coal and 409.2272 million tons of water, and reduce 83.9931 million tons of carbon dioxide emission in China per year.
Meanwhile, IB is enthusiastic with public welfares, and released the “IB Cares” brand this year, which is based on the idea of a dandelion sowing seeds, symbolizing IB’s active practice of social responsibility and spreading love and hope through various public interest activities. In the recent five years, IB has donated more than RMB 200 million for the public interest and charity purpose. It has also vigorously implements targeted poverty alleviation, actively promoted ecological poverty alleviation, supported the poor areas to achieve green development and helped to eradicate targeted poverty. By the end of the third quarter of 2018, IB had a balance of RMB 7.302 billion in financial loans for poverty alleviation, focusing on supporting targeted poverty alleviation sectors such as road construction, dangerous house renovation, environmental improvement and energy optimization in those impoverished areas such as Inner Mongolia, Sichuan and Gansu, driving and serving 125,800 persons in poverty with registered files and cards. In addition, IB donated funds to support more than 80 poverty alleviation projects and sent dozens of outstanding staff to key villages for poverty alleviation and development in Fujian Province, South Xinjiang and the linked villages and points in the concentrated contiguous special hardship areas, leading more than 1,700 poor households to get rid of poverty and to become richer.
Since this year, IB has won various honors, such as the social responsibility award of China Banking Association for eight consecutive years, the “Outstanding Corporate Social Responsibility Award” of Hong Kong Mirror for three consecutive years, the “People’s Corporate Social Responsibility Award for Enterprise of the Year”, and the “Sustainable Development Model Enterprise Award” of China Corporate Social Responsibility Awards. It has also been awarded the “Sustainable Development Model Enterprise Award” by the China Corporate Social Responsibility Awards, which confirms its philosophy of responsibility and practice of “refining values through responsibility and promoting development through sharing”.