China CITIC Bank Corp. Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:998
As the ninth-largest commercial bank in China, China Citic Bank is headquartered in Beijing. It offers a full range of commercial banking services, with 1,459 outlets in 153 cities in China and branches in Hong Kong, Macao, New York, Los Angeles, and Singapore, as of mid-2024. The bank was founded in 1987 and is a major subsidiary of Citic Group, a leading state-owned conglomerate in China.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 668 out of 1027
Universe
Global Universe 9588 out of 15120
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Kotak Mahindra Bank Ltd. |
13.7
Low
|
95 out of 1027 |
Lloyds Banking Group Plc |
19.3
Low
|
248 out of 1027 |
Industrial Bank Co., Ltd. |
21.7
Medium
|
329 out of 1027 |
Truist Financial Corp. |
23.7
Medium
|
386 out of 1027 |
China CITIC Bank Corp. Ltd. |
28.5
Medium
|
668 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 CITIC Bank Corp. 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 CITIC Bank Corp. Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for China CITIC Bank Corp. 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 China CITIC Bank Corp. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level