Regulatory requirements | | | |
Ensure Legality | YR 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 Evasion | YR 2018: Effectively conducting anti-corruption work | The 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 plantations | YR 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 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 | YR 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 policy | | No publicly available policies or documentation were found that cover this criteria. | not |