Industrial Bank

Red LineText of policiesCommentsScore
Regulatory requirements
Ensure LegalityYR 2018 (p38): "Aimed for being the first-class green financial comprehensive service provider and the fron-runner in green finance (...) ; IB is an Equator Bank The bank is committed to green finance and has signed the Equator principles, which should assure that it requires compliance with national laws as well as with international conventiones, when EP are applied.partly
No Corruption and Tax EvasionYR 2018: Effectively conducting anti-corruption workThe year report mentions trainings and improvements, but it does not mention the banks criteria itself. It is not clear to what extend criteria apply to clients.not
Ensure ESIA for mills and plantationsYR 2018: ten years of being an equator bank; first equator bank in China (p16)For projects that fall under the Equator Principles, an ESIA is required. There are no clear requirements for other cases.partly
Social requirements
Ensure FPICNo publicly available policies or documentation were found that cover this criteria.not
Respect Human RightsNo publicly available policies or documentation were found that cover this criteria.not
Respect Indigenous rights and customary land use rightsNo publicly available policies or documentation were found that cover this criteria.not
No forced resettlementNo publicly available policies or documentation were found that cover this criteria.not
Environmental Requirements
No forest degradation and deforestationNo publicly available policies or documentation were found that cover this criteria.not
Protect endangered speciesNo publicly available policies or documentation were found that cover this criteria.not
No high-risk speciesNo publicly available policies or documentation were found that cover this criteria.not
No fireNo publicly available policies or documentation were found that cover this criteria.not
Protect peatNo publicly available policies or documentation were found that cover this criteria.not
No persistent pollutionYR 2018 (p37): (...) the bank explicitly refuses industries with backward technology, severe pollutions (...) ; lists "paper industry" as in industry with "high energy consumption, high pollution or overcapacity"The bank is commiteted to address pollution, but there are no clear criteria regarding what it will not finance.partly
Corporate association / scope of the policy
Corporate association / scope of the policyNo publicly available policies or documentation were found that cover this criteria.not