Fujian province joint-stock lender Industrial Bank Co,. Ltd. has won an award for its green finance efforts in support of projects that are part of China’s Belt and Road initiative.
The Green Investment Principles (GIP) for the Belt and Road Initiative recently convened its fourth conference with the participation of over 100 GIP signatories and member institutions.
Industrial Bank won the “2022 Award for Best Leadership and Capability Development” (2022年度最佳领导力/能力建设奖) from GIP, for “outstanding implementation in green finance, environmental information disclosures and climate and environmental risk management, and its hard work and contribution in actively advocating for GIP.”
GIP is a set of principles for driving green investment in Belt and Road nations. The Principles were jointly launched by the Green Finance Committee of China Society for Finance and Banking and the City of London Corporation’s Green Finance Initiative, with the participation of Principles for Responsible Investment, Belt & Road Bankers Roundtable, Green Belt and Road Investors Alliance, World Economic Forum, and the Paulson Institute.