ESG With Us
CITIC Carbon Account
China CITIC Bank actively responds to the government's call and promotes high-quality development through financial technology innovation. With a focus on the construction of an urban carbon inclusion mechanism, it took the lead in launching the “CITIC Carbon Account” on April 22, 2022. After a year of operation, the “CITIC Carbon Account” has gained wide social attention and user recognition. On the occasion of the 54th World Earth Day this year, China CITIC Bank has upgraded the “CITIC Carbon Account” which not only makes users' green and low-carbon behaviors measurable and traceable, but also enables the assetization and valuation of personal carbon emission reduction and further promotes the transition of the general public towards green and low-carbon consumption. Now, the “CITIC Carbon Account” has supported account opening nationwide. Users can sign up and activate their accounts through diverse channels such as China CITIC Bank’s Mobile Banking APP, Mobile Card Space, CITIC Wealth Plaza. The “CITIC Carbon Account” aims to promote the wide integration of green and low-carbon practices into people's daily lives. According to reports, the “CITIC Carbon Account” has gained immense popularity among users since its launch over a year ago. As of World Environment Day on June 5 this year, the number of registered accounts has surpassed 3.5 million, with a cumulative carbon emission reduction of nearly 2,000 tons. With its scientific measurement methods to track individual carbon emissions, the “CITIC Carbon Account” has truly become the “personal green account“ for a wide range of users. Meanwhile, China CITIC Bank has established an ecological alliance called “Lvxinhui” in collaboration with numerous partners, and has attracted the participation of 16 renowned brands, including Huawei, JD, and UnionPay As a “green account” that quantifies personal carbon emissions reductions, the CITIC Carbon Account will realize the assetization and valuation of personal carbon emission reduction data, and allow carbon assets to be consolidated and managed through the construction of a low-carbon ecological alliance. Based on the “CITIC Carbon Account” and in collaboration with its partners in industries, China CITIC Bank continuously explores application scenarios to empower users to embrace green finance, green travel, green recycling, and green reading, integrate low-carbon emissions practices into all aspects of daily life, enable individuals to accumulate the achievements of their sustainable efforts, and incorporate green benefits into every facet of life. The “CITIC Carbon Account” has also gained great attention and recognition across society, was successfully selected as a benchmark case in the first Ecosystem Brand Development Report (2022) and awarded the Ecosystem Brand Certification, and with its outstanding performance in green finance innovation and practice, received several awards including “Global Green Finance - Innovation Award” of the 3rd International Financial Forum (IFF) and “Green Financial Pioneer Innovation Award” from Financial Society of Shenzhen Special Economic Zone.
Love & Trust Alliance
To date, the “Love & Trust Alliance” Public Welfare Program has donated 200 “Dream Center” multimedia classrooms and supporting courses to schools in 28 provinces, cities and autonomous regions across China. Over the past 13 years, 1.3 million person-times have donated credit card points. Three major off-line activities have been continuously carried out over these years: 12 “Dream Tour of Volunteer Teaching”, “Sharing·Love” charity auctions, and 10 themed summer camps. More than 1,000 times of employee volunteers have provided volunteer teaching and related public services, contributing a total of 3,172 hours of volunteer service, and their teaching efforts have covered a distance of 65,400 kilometers. Through a series of public welfare activities, we have enabled more than 160,000 teachers and students to get access to high-quality literacy education.