Postal Savings Bank of China

Red Line	Text of policies	Comments	Score
Regulatory requirements
Ensure Legality	CSR report 2018: Conducting business with integrity and in accordance with laws and regulations, improving corporate governance. The Bank earnestly implemented the Opinions of the CPC Central Committee and the State Council on Comprehensively Strengthening the Protection of the Ecological Environment and Resolutely Preventing and Curbing the Pollution , the Overall Plan for the Structural Reform for Ecological Progress issued by the CPC Central Committee and the State Council, the Guidelines for Establishing a Green Finance System jointly issued by seven ministries and commissions including the People's Bank of China and the Ministry of Finance, and the Guidelines on Green Credit issued by the former China Banking Regulatory Commission and other policies and regulatory requirements and adhered to the concept of green development. (...) We continued to carry out AML advocacy campaigns with one month designated to communicate the theme “Strengthening management on AML, anti-terrorist financing and anti-tax evasion as well as calling for public participation”.	The CSR report indicated the bank has implemented the green credit guidelines and expects clients to comply with national laws, but it does not reference international conventions.	partly
No Corruption and Tax Evasion	CSR report 2018: Further combating corruption and promoting clean conduct. (...) We intensified supervisory inspections to prevent corruption, and seriously penalized people in violation of laws and regulations. ; The Bank strictly abided by laws and regulations such as the Anti-Money Laundering Law of the People's Republic of China and established an AML organizational framework under the leadership of the Board of Directors(...)	The bank is commited to combat corruption and tax evasion, but it does not have clear policies with criteria that apply to its clients.	partly
Ensure ESIA for mills and plantations		No publicly available policies or documentation were found that cover this criteria.	not
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: In accordance with our overall risk appetite, we further strengthened the guiding role of industry policy orientation and limit management, (...) and set limits for risk-sensitive industries such as industries with high pollution, high energy consumption and overcapacity The Bank earnestly implemented the Opinions of the CPC Central Committee and the State Council on Comprehensively Strengthening the Protection of the Ecological Environment and Resolutely Preventing and Curbing the Pollution (...)	CPB establishes environment-protecting enterprise data to enable dynamic monitoring to approved projects. According to its rules implementing the Green Credit Guidelines, persistent pollution is forbidden in any projects which are approved by CPB. However, policies with clear criteria on pollution are not available online	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

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