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Industrial Bank Was Rated at the “AA level of CSR Report Rating for A-share Companies”

On October 25, 2012, “Image of Future”, the Fourth CSR Summit for A-share Companies and CSR Report Rating Award Ceremony for Listed Companies 2012 was held in Beijing, and, with a score of 76.40, Industrial Bank (IB) was rated at the “AA level of CSR Report Rating for A-share Companies”. With its total score ranking No. 9 among the 582 rated listed companies, up 5 positions over the last year, the bank was given “stable” rating expectation.

The rating activity was jointly sponsored by Rankins CSR Ratings (RKS), SGS-CSTC Standards Technical Services Co., Ltd. and Chinese CSR Research Institute of Beijing Normal University, aiming to draft out the future trend of CSR information disclosure by listed companies, pay attention to the diversity and readability of CSR information disclosure, and build a communication platform for governmental agencies, listed companies, investment institutions, third-party institutions and influential media.

At the award ceremony, the sponsors honored IB the “AA level of CSR Report Rating for A-share Companies” and gave full recognition to the “2011 Sustainability Report” released by IB. The rating report of the appraiser, RKS, indicates that the information about industrial features disclosed in the 2011 Sustainability Report” released by IB provides generally sufficient information, gives profound interpretation to the business model and CSR practice model for a win-win result with the society, discloses the system for managing environmental and social risks in an advanced manner and information for defining and identifying stakeholders synoptically, gives effective response to the concerns of stakeholders, reveals the implementation of the Equator Principles in an all-round way, reflects the industrial attributes of finance and insurance, and highlights the characteristics of IB in performing social responsibilities.

 

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