China Banking Regulatory Commission
China Ministry of Environmental Protection
China Banking Association
Does the framework make reference to international E&S targets (SDGs, Paris Agreement, Global Compact)?
Does the framework make reference to established international E&S risk management standards (IFC PSs, EPs)?
Does the framework make reference to established international sustainability reporting standards (GRI, SASB)?
Does the framework make reference to established international climate finance reporting standards (TCFD)?
Does the framework ask to make E&S policies, practices and results externally verified (assurance, independent review)?
(3) - 4.21.3 & (4)
(1) - Chapter IV, 24 (page 5) (4) - Article 8
"Article 8 The responsibilities of the Green Bank Evaluation Expert Group are: review and approve the green bank evaluation implementation plan" "If necessary, banks may engage qualified and independent third party to conduct evaluation or audit on banks’ fulfillment of E&S responsibilities."