China Merchants Bank Co., Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:3968
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 482 out of 1027
Universe
Global Universe 7790 out of 15100
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
DBS Group Holdings Ltd. |
18
Low
|
213 out of 1027 |
State Bank of India |
23.1
Medium
|
372 out of 1027 |
The PNC Financial Services Group, Inc. |
23.7
Medium
|
393 out of 1027 |
Al Rajhi Bank |
24.7
Medium
|
444 out of 1027 |
China Merchants Bank Co., Ltd. |
25.4
Medium
|
482 out of 1027 |
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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 Merchants Bank Co., 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 Merchants Bank Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for China Merchants Bank Co., Ltd.
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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 Merchants Bank Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level