China Everbright Bank to develop low-carbon economy and build green finance

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China Everbright Bank responded to the call of regulatory bodies that “banking financial institutions should become a practitioner to promote the concept of low carbon and innovator of low carbon financial services”, and accordingly focused on building low carbon financial service system, and gradually integrated the “low carbon finance” into the Bank’s “high-quality banking” service concept.

Green development is an important development direction of national "12th Five Year Plan". China Everbright Bank responded to the call of regulatory bodies that "banking financial institutions should become a practitioner to promote the concept of low carbon and innovator of low carbon financial services", and accordingly focused on building low carbon financial service system, and gradually integrated the “low carbon finance” into the Bank’s "high-quality banking" service concept. On the 2010 China’s low-carbon economy forum, the Bank was honored as "2010 China’s low carbon pioneering bank" as its efforts on promoting the low carbon concept and low carbon financial services.

1. Initiate low carbon development strategy and become the first "carbon neutralized" bank in China
Under the guidance of low carbon development strategy, our bank strengthened energy conservation and emission reduction, balanced out carbon discharged in the course of business, carried out “sunshine service activities”, optimized business process and improved work efficiency and reduced energy consumption on the one hand; on the other hand, it promoted enterprises to save energy and reduce emission, supported and guided SMEs to take the road of green development, and better gave play to the leverage effect of credit funds.

2. Developed "Photosynthetic Power" low-carbon financial service for SMEs with financing intent in the energy-saving field
The service is to address the problem of financing faced by energy conservation service providers and equipment providers in the field of EMC, enterprises which had registered with the United Nations of clean development mechanism and SMEs with forest ownership and discharge rights. The low carbon economic development is therefore enhanced through our support to the real economy. The brand won "2010 excellent SMEs Service Product Prize" at the 4th SMEs Festival.

3. Spread the idea of low carbon life to the public by using financial service platform
In cooperation with Beijing Environment Exchange, our bank launched a zero-carbon credit card. The card is featured with six green environmental protection functions such as recyclable, calculator of carbon footprints, carbon purchasing plan and environmental protection bill. CEB hopes to raise people’s awareness of environmental protection, and promote low carbon life and realize emission reduction voluntarily. "Green Zero-carbon Credit Card" won the prize of "Best Low-carbon Finance Prize" at "2010 Golden Phoenix Financial Planning Grand Ceremony".

4. Create the first online payment platform, and advocate "green payment and low carbon life"
Through an open platform for financial services introduced for third-party partners, and as long as domestic customers can pay online with a bank card, they can pay water, electricity, gas and mobile phone bills, fixed line bills and heating and other utility costs online indoors, and realize "green payment and low-carbon life"