State Development & Investment Corp Ltd (SDIC) Green Finance Framework
Scope of Application
Guidelines for the State Development & Investment Corp Ltd (SDIC).
Purpose
Offers basic guidance to further sustainable development.
General Key Points
SDIC should:
- Develop renewable energy and water management projects.
- Invest in conservation, emissions reduction, and efficiency improvement projects.
- Emphasize global sustainable development, education, poverty alleviation, societal integrity, environmental protection, and partnership.
- Measure its progress against the United Nations (UN) "Sustainable Development Goals (SDGs)."
SDIC’s Technology and Environmental Protection Department (TEPD) should:
- Oversee the governance of environmental and social standards.
Key Points on Stakeholder Engagement
SDIC’s TEPD should:
- Communicate with regulators to resolve environmental and social issues in a timely manner.
SDIC should:
- Promote local economic development and sharing.
- Strive to support social justice.
Key Points on Environmental and Social Impact Assessment
SDIC should:
- Exercise a high level of diligence in screening projects to ensure compliance with environmental and social standards.
- Strive to support environmental protection.
Applies to
China
Global
Date
April 2019
Issuer(s)
State Development & Investment Corporation (SDIC)
Link to Full Version(s)
Links to Relevant Laws, Policies, & Guidelines