China Merchants Bank Co., Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:3968
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. 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, including 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 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 483 out of 1022
Universe
Global Universe 7874 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| DBS Group Holdings Ltd. |
18
Low
|
215 out of 1022 |
| PT Bank Central Asia Tbk |
21.5
Medium
|
322 out of 1022 |
| State Bank of India |
23.1
Medium
|
370 out of 1022 |
| U.S. Bancorp |
24.2
Medium
|
409 out of 1022 |
| China Merchants Bank Co., Ltd. |
25.4
Medium
|
483 out of 1022 |
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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
