Postal Savings Bank of China Co., Ltd.
Industry Group: Banks
Country/Region: China
Identifier: HKG:1658
Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits and the sixth largest by assets. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 600 million individual customers and more than 39,000 outlets, which are among the largest customer bases and distribution networks in China.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 581 out of 1022
Universe
Global Universe 9108 out of 15080
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the rated subject, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Truist Financial Corp. |
17.1
Low
|
187 out of 1022 |
| Industrial Bank Co., Ltd. |
21.8
Medium
|
328 out of 1022 |
| The PNC Financial Services Group, Inc. |
23.7
Medium
|
390 out of 1022 |
| U.S. Bancorp |
24.2
Medium
|
409 out of 1022 |
| Postal Savings Bank of China Co., Ltd. |
27.4
Medium
|
581 out of 1022 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
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.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Postal Savings Bank of China 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 Postal Savings Bank of China Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
