Agricultural Bank of China Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:1288
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40.14% and 35.29%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 56%, and 3% of total revenue in the first half of 2024, respectively. Rural banking and urban banking contributed 50% and 50% of total revenue during the same period.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 930 out of 1022
Universe
Global Universe 11988 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Bank of America Corp. |
24.4
Medium
|
420 out of 1022 |
China Construction Bank Corp. |
26.1
Medium
|
512 out of 1022 |
Industrial & Commercial Bank of China Ltd. |
30.8
High
|
843 out of 1022 |
Agricultural Bank of China Ltd. |
32.9
High
|
930 out of 1022 |
Wells Fargo & Co. |
34.4
High
|
963 out of 1022 |
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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.
Agricultural Bank of China 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.
Agricultural Bank of China Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Agricultural Bank of China 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 Agricultural Bank of China Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level