China CITIC Bank Corp Ltd

Red Line	Text of policies	Comments	Score
Regulatory requirements
Ensure Legality	CSR report 2018: II. Green Credit The Bank proactively implemented relevant regulatory requirements, stepped up support of green economy, low-carbon economy and circular economy, prevented environmental and social risks, and enhanced its environmental and social performance.	The bank references the green credit guidelines, which require compliance with national laws. It does not reference international conventions.	partly
No Corruption and Tax Evasion	CSR report 2018: Anti-corruption: The Bank formulated the Measures for Dealing with the Violations of Employees of China CITIC Bank and established a long-standing mechanism; Remediation of corruption: The Bank resolutely curbed corruption and strictly guarded against the problems such as eating and drinking with public funds,	The bank has anti money laundering and anti corruption policies, but they seem to apply only to its own operations, not to that of clients	not
Ensure ESIA for mills and plantations	CSR report 2018: The Bank formulated the Measures for Categorized Management of Environmental and Social Risks of China CITIC Bank Corporation Limited, comprehensively launching the classification of environmental and social risks of credit customers and projects, and conducting dynamic assessment of such risks. For category-A and category-B customers with relatively high risks, it was required to strengthen full process management, including pre-extension investigation, review and approval, contract management, credit use review and post-extension management, to effectively control environmental and social risks.The assessment of environmental and social risks shall focus on investigating and reviewing the assessment of credit customers’ environmental and social risks, management system, labor and working conditions, pollution prevention and control, among other aspects.	Requires ESIA for Category A projects, which incude pulp mills and large scale logging, but not necessarily the third party suppliers for the pulp mill	partly
Social requirements
Ensure FPIC		No publicly available policies or documentation were found that cover this criteria.	not
Respect Human Rights		No publicly available policies or documentation were found that cover this criteria.	not
Respect Indigenous rights and customary land use rights		No publicly available policies or documentation were found that cover this criteria.	not
No forced resettlement		No publicly available policies or documentation were found that cover this criteria.	not
Environmental Requirements
No forest degradation and deforestation		No publicly available policies or documentation were found that cover this criteria.	not
Protect endangered species		No publicly available policies or documentation were found that cover this criteria.	not
No high-risk species		No publicly available policies or documentation were found that cover this criteria.	not
No fire		No publicly available policies or documentation were found that cover this criteria.	not
Protect peat		No publicly available policies or documentation were found that cover this criteria.	not
No persistent pollution	CSR report 2018: Green Transformation of the Credit Structure: The Bank (...) strictly controlled credit grants to sectors featuring “high energy consumption, high pollution and overcapacity”.	The bank references policies to control pollution, but has not published criteria for this issue.	partly
Corporate association / scop of the policy
Corporate association / scop of the policy		No publicly available policies or documentation were found that cover this criteria.	not

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