Chinese Banks and Investments

Greening Chinese Banks

China BankFriends of the Earth has just released a new report, entitled The Green Evolution, Environmental Policies and Practice in China’s Banking Sector, which overviews the efforts to green Chinese finance since the Chinese government released new environmental regulations for financial institutions. Chinese banks are playing an increasingly important role in financing large infrastructure and natural resource projects throughout the world, often without the social and environmental standards necessary to protect local communities and ecosystems. The Green Evolution is an update to our 2007 report, Time to Go Green.

Report | Press Release | 报告的中文版本 | 新闻发布的中文版本


Report: Chinese Banks and the Environment

Read the reportA report released by BankTrack and Friends of the Earth finds that only two of China's ten most important banks have publicly-disclosed environmental policies -- and those banks' policies fall short of international best practice. The other eight had no publicly-available environmental financing standards.

 

Read the report | Read the press release