China CITIC Bank (00998) released its 2025 Sustainability Report, outlining progress in climate action, green finance and inclusive growth.
Double-Materiality-Driven Governance • The board-level Strategic and Sustainable Development Committee steers ESG strategy; risk and audit committees integrate climate and consumer-protection oversight. • MSCI raised the bank’s ESG rating to AAA in 2025, the highest global tier.
Financial & Environmental Highlights • Total assets climbed to RMB 10.13 trillion (USD ≈1.42 trillion), while net profit rose to RMB 71.49 billion. • Scope 1+2 greenhouse-gas emissions totalled 213,800 tCO₂e; mitigation measures cut 12,000 tCO₂e. • Carbon-reduction lending helped clients avoid 1.33 million tCO₂e; the bank targets Scope 1+2 carbon peaking by 2030 and neutrality by 2060.
Green & Sustainable Finance • Green-loan book expanded 25.3% year on year to RMB 752.46 billion (USD 105.5 billion). • Issued RMB 5 billion green financial bonds and underwrote RMB 26.91 billion of green debt. • Launched “Xin Tan Tong” carbon-management platform and the sector’s first carbon-inclusive methodology for paperless finance. • Supported biodiversity via specialised pledge loans and financed ecosystem restoration projects worth RMB 88.02 billion.
Five-Priority Business Lines • Technology finance loans surpassed RMB 1.07 trillion (USD 148.4 billion), up 14.8% YoY; service coverage of national “little giant” specialised manufacturers reached 98.5%. • Inclusive micro- and small-enterprise loans rose 7.4% to RMB 644.31 billion; 314,000 borrowers served. • Pension-finance custody assets increased 16.8% to RMB 592.74 billion; personal pension accounts totalled 2.93 million. • Digital-economy core-industry loans grew 18.9% to RMB 246.78 billion; IT investment equalled 4.53% of annual revenue. • Rural-revitalisation lending climbed to RMB 512.89 billion; precision-finance loans to formerly poor areas reached RMB 39.61 billion.
Human Capital & Governance • Workforce numbered 67,674, with women representing 55%. • Training spend totalled RMB 1.17 billion; all employees received training. • No major cybersecurity or data-privacy breaches occurred in 2025. • The board comprises 44% independent directors; non-performing loan ratio stood at 1.15% with a 203.61% allowance coverage ratio.
Looking ahead, CITIC Bank pledges to align with China’s “dual-carbon” goals, deepen green-finance product innovation and strengthen digital-risk controls to support the real economy while advancing its ESG agenda.