China CITIC Bank Corp. Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:998
As the second-largest joint-stock banks, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,410 outlets in 146 cities in China and branches in Hong Kong, Macau, New York, Los Angeles, and Singapore. As of 2022, the bank is the 9th-largest nationwide listed commercial bank in China in terms of total assets.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 673 out of 1026
Universe
Global Universe 9670 out of 15094
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Kotak Mahindra Bank Ltd. |
13.7
Low
|
99 out of 1026 |
PT Bank Rakyat Indonesia (Persero) Tbk |
17.8
Low
|
211 out of 1026 |
Axis Bank Ltd. |
19.9
Low
|
267 out of 1026 |
Industrial Bank Co., Ltd. |
21.8
Medium
|
333 out of 1026 |
China CITIC Bank Corp. Ltd. |
28.5
Medium
|
673 out of 1026 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
China CITIC Bank Corp. Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
China CITIC Bank Corp. Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for China CITIC Bank Corp. Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted China CITIC Bank Corp. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level