China Merchants Bank Co., Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:3968
China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. 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, such as 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 52%, 42%, and 6% of total profit before tax, respectively, and 52%, 45%, and 3% of total revenue in 2021.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 694 out of 1001
Universe
Global Universe 10394 out of 15518
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| HSBC Holdings Plc |
19.5
Low
|
205 out of 1001 |
| Royal Bank of Canada |
20.2
Medium
|
221 out of 1001 |
| Commonwealth Bank of Australia |
23.2
Medium
|
308 out of 1001 |
| China Merchants Bank Co., Ltd. |
29.8
Medium
|
694 out of 1001 |
| HDFC Bank Ltd. |
30.6
High
|
746 out of 1001 |
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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.
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Top Material ESG Issues for China Merchants Bank Co., Ltd.
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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
Contributing Events
Highest Controversy Events Locations
