|Adoption Date:||20 January 2017|
|Country of Headquarters:||China|
|Region of Headquarters:||Asia|
|Institutional Reporting Hyperlink:||http://www.jsbchina.cn/data/tosend/resource/upload/江苏银行2019年社会责任报告.pdf|
|Current EPFI Reporting Year/Period:||2019|
|EPFI Reporting in Compliance:||Yes|
Reporting – Bank of Jiangsu (2019)
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Further information on this EPFI may be obtained through the Institutional Reporting Hyperlink above.
PROJECT FINANCE ADVISORY SERVICES
Total number mandated in the reporting period: 0
PROJECT FINANCE TRANSACTIONS
Total number that reached financial close in the reporting period: 2
Totals 0 2 0
Sector Category A Category B Category C
Mining Infrastructure 2 Oil & Gas Power Others Region Category A Category B Category C
Americas Europe, Middle East & Africa Asia Pacific 2 Country Designation Category A Category B Category C
Designated1 Non-Designated 2 Independent Review Category A Category B Category C
Yes 2 No Totals 0 2 0
1Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. For the list of Designated Countries, go to: https://www.equator-principles.com/index.php/ep3/designated-countries
PROJECT NAME REPORTING FOR PROJECT FINANCE TRANSACTIONS
No. Project Name Sector Host Country Name/ Project Location Year of Financial Close
1 Industrial Solid Waste Comprehensive Utilization and Disposal Project Infrastructure China 2019
2 Yangzhou Domestic Waste Incineration and Electricity Generation Project Infrastructure China 2019
PROJECT-RELATED CORPORATE LOANS
Total number that reached financial close in the reporting period: 0
IMPLEMENTATION OF THE EQUATOR PRINCIPLES
1.Improvement of Environmental and Social Risk Management System
Since the adoption of the EP, BOJS has been devoted to constantly improving the environmental and social risk management system. In 2019, the Bank launched the environmental and social risk management system consulting project, completed the bidding process, and defined the content of the consultation.
2.Enhancement of Industry Research
In 2019, the Bank conducted research on food waste treatment industry, sludge disposal industry and other industries, analyzed industry characteristics, industrial policies and market opportunities, accordingly issued industry marketing guidelines.
3.Innovation of Financial Products
To enhance the supply capacity of green financial services, the Bank has undertaken the followings:
(1)Innovated and provided Soil Remediation Loan;
(2)Increase the amount of risk sharing of Environmental Protection Loan;
(3)Optimized the product structure of Green Innovation Investment, upgraded to Green Innovation Portfolio Loan, meanwhile extended the applicable area of the product from Jiangsu Province to the whole country.
To continuously improve the professional level of green finance, the Bank has strengthened the cooperation and communication with other institutions:
(1)Cooperated with the Jiangsu Provincial Department of Ecology and Environment to carry out research on risk sharing of environmental protection special funds and discount interest policy of loans；
(2)Cooperated with China Clean Development Mechanism Fund Management Center and Jiangsu Provincial Department of Finance to explore business models of products addressing climate change, such as green and low-carbon development, energy conservation and emission reduction;
(3)Cooperated with the Central University of Finance and Economics to conduct research on environmental stress test and enterprise ESG rating;
(4)Established a long-term communication mechanism and signed strategic cooperation agreement with Guangzhou Carbon Emission Exchange;
(5)Cooperated with China Building Energy Conservation Association to carry out research on the industry of green building transformation, participated in drafting and issuing “guidelines on investment and financing of existing buildings green transformation”.
(6)Participated in the 2019 International Conference on New Technologies of Ecological Environment, undertook the carbon neutralization project of the conference, and received the award for the low-carbon contribution from the Vice Minister of the National Ministry of Ecological Environment .
5. Development of Green Finance
By the end of 2019, the Bank’s green credit balance was 85.959 billion yuan, with an increase of 6.383 billion yuan over the year 2019.