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China Banking Association (CBA) Corporate Social Responsibility Guidelines

Scope of Application

Recommendations for Chinese financiers.

Purpose

Offers basic guidance on how Chinese financiers can manage environmental and social risks and implement sustainable development.

General Key Points

Financiers should:

  • Follow national industrial and environmental policies while considering international treaties, international best practices, and industry guidelines.
  • Research applications of the “Equator Principles” to China's economic and financial development.
Key Points on Stakeholder Engagement

Financiers should:

  • Support the economic development of communities.
    • Facilitate the provision of financial services to communities.
  • Carry out various community services, such as offering financial education and helping those in need.
  • Support community building.
  • Pay attention to occupational health and safety (H&S).
    • Care about the lives of staff. 
  • Enhance staff training and improve the professional quality of workers.
  • Optimize the allocation of resources toward socially, economically, and environmentally sustainable development.
  • Support social development through charitable donations, volunteer activities, and participation in social welfare activities.
  • Guide developers and contractors toward enhancing their awareness of social responsibilities and taking appropriate actions.
Key Points on Environmental and Social Impact Assessment

Financiers should:

  • Set up specialized agencies or departments responsible for environmental protection.
  • Actively participate in the implementation of environmental protection and promotion activities to enhance the awareness of developers, contractors, and society.
  • Develop plans for resource conservation and environmental protection. 
  • Provide training to staff on communication and cooperation for environmental protection. 
  • Prioritize environmental training for developers and contractors, covering environmental impact assessment (EIA) procedures and preparation for green credit documents. 
  • Advocate for independent on-site investigations and audits of projects’ environmental impacts.
Applies to
Global
Date
January 2009
Issuer(s)
China Banking Association (CBA)
Link to Full Version(s)
Links to Relevant Laws, Policies, & Guidelines