Bank of Ningbo Co., Ltd.
Industry Group: Banks
Country/Region: China
Identifier: SHE:002142
Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank has a headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 64%, 22%, 4.6%, 3.9%, and 4.2%, respectively, to total loans in 2023. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore’s OCBC Bank, and Youngor Group holding 18.7%, 18.7%, and 10% of the shares, respectively, as of end-2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 415 out of 1026
Universe
Global Universe 7004 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Erste Group Bank AG |
16
Low
|
153 out of 1026 |
Hang Seng Bank Ltd. |
18.1
Low
|
217 out of 1026 |
Bank of Ningbo Co., Ltd. |
24.3
Medium
|
415 out of 1026 |
China Minsheng Banking Corp., Ltd. |
25.4
Medium
|
483 out of 1026 |
Bank of Jiangsu Co., Ltd. |
27.8
Medium
|
612 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.
Bank of Ningbo 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.
Bank of Ningbo Co., Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Bank of Ningbo Co., 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 Bank of Ningbo Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level