CDB Leasing recently released its environmental information disclosure report for 2022, detailing its objectives, governance structure, policies, systems and innovations related to green finance, environmental risks and opportunities, and the environmental impact of its business, financial, and investment activities and quantitatively disclosing its greenhouse gas emissions from its own business activities as well as the environmental benefits of its green lease projects. This marks the second consecutive year that CDB Leasing has published such a report.
As laid out in the strategic plans for peaking carbon emissions and achieving carbon neutrality goals of the CPC Central Committee and the State Council, CDB Leasing has always considered sustainability one of its core values, and green and low-carbon financial strategies have been incorporated into its long-term plan for the years 2021–2025. CDB Leasing’s business innovation plan that was formulated in 2022 has included the “dual-carbon economy” as one of the three major innovation focal points, targeting green logistics, renewable energy, energy storage technologies, and the transformation and upgrading of traditional manufacturing. To bring into full play the role of green finance in the development of new energy, CDB Leasing will issue green loans to support its own sustainable growth and provide financial support for China’s new energy industry.
To objectively and comprehensively showcase to the investors and the wider public its practices and achievements in areas such as green finance and environmental protection, CDB Leasing provided in its environmental information disclosure report detailed information on its green finance and environment-related endeavors, which is another proactive step on environment-related matters following the ESG report released in the first quarter of the years, highlighting its achievements in advancing green finance, innovative models and operational efficiency improvement. The report was prepared in accordance with the requirements outlined in the Guidelines for Financial Institution Environmental Information Disclosure (JR/T0227-2021) from the People’s Bank of China and the guidelines for environmental information disclosure formulated by Shenzhen’s financial regulator and other related organizations. Additionally, the report considered recommendations from the Recommendation of the Task Force on Climate-related Financial Disclosures (TCFD).
Going forward, CDB Leasing will strive to become an internationally renowned financial leasing company. It will remain committed to its mission of “Leading China’s Industry, Serving the Real Economy” through its work on bolstering the new-energy industry and consolidating its green leasing business system underpinned by environmentally friendly ships, energy-efficiency aircraft, wind power and photovoltaic power generation, as well as new-energy transportation and energy-saving equipment. CDB Leasing will align itself with the application for special financial bonds, expand green leasing financing channels and transform its business model into a low-carbon version. Except for these business efforts, it will also continue its commitment to low-carbon operations, helping achieve carbon neutrality goals and sustainable development.
(The report is available at the website of CDB Leasing and Shenzhen Green Finance Public Service Platform.)
