Industrial & Commercial Bank of China Ltd.
Industry Group: Banks
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.
ESG Risk Rating
Industry Group (1st = lowest risk)
Banks 757 out of 1000
Global Universe 10997 out of 15561
What are the ESG Risk Ratings?
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|Company||ESG Risk Rating||Industry Rank|
|Bank of America Corp.||
|598 out of 1000|
|JPMorgan Chase & Co.||
|681 out of 1000|
|Agricultural Bank of China Ltd.||
|699 out of 1000|
|Industrial & Commercial Bank of China Ltd.||
|757 out of 1000|
|Wells Fargo & Co.||
|962 out of 1000|
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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 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.
Industrial & Commercial Bank of China Ltd.'s Exposure is Medium
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.
Industrial & Commercial Bank of China Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Industrial & Commercial Bank of China Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
Highest Controversy level that has impacted Industrial & Commercial Bank of China Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level