China Development Bank

The financial institution discloses the amount and/or share of products, services and capital provided to usually excluded group, defined by the financial institution itself.

The financial institution has the opportunity to disclose its methodology for determining a living wage in its operational regions and to include anti-bribery and anti-corruption clauses in contracts. While it provides evidence of third-party assurance, it is unclear whether its sustainability targets are covered. Furthermore, it is recommended that performance criteria for senior executive remuneration be linked to specific sustainability targets.

While the financial institution discloses loans to the water conservancy sector, it could provide the aggregate amount or share of products and services dedicated to nature-positive solutions. Although the entity states it has verified carbon emissions, Scope 1-2 emissions are not disclosed, and it is recommended that it monitors Scope 3 emissions by category, as well as details the footprint calculation methodology. Furthermore, a transition plan for its operations, supply chain, and portfolio should be established, with emissions reductions aligned with interim targets.

The financial institution should disclose a breakdown of clients by income group and processes to avoid unintended divestment from low-income countries due to sustainability strategies. Moreover, their risk assessment process should include ILO fundamental rights at work, with mitigation strategies for identified risks. Finally, the institution should identify social risks related to the net zero transition and provide examples of conclusions and actions taken regarding salient human rights issues from assessments in the last three years.

This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.