REPORT of CORPORATE SOCIAL RESPONSIBILITY of BANK of CHONGQING Environmental/Social/Governance CONTENTS MANAGEMENT Improving Corporate Governance 20
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THINK ALIKE, GROW TOGETHER 2020 REPORT OF CORPORATE SOCIAL RESPONSIBILITY OF BANK OF CHONGQING Environmental/Social/Governance CONTENTS MANAGEMENT Improving Corporate Governance 20 Deepening Accountability Management 21 Chairman's Address 4 Strengthening Risk Management 23 President's Address 6 PRACTICE 01 02 03 04 Assuming the Mission to Advancement of High- Coordinated Promotion of Ecological Jointly Creating a Boost High-quality Economy standard and Environmental Protection in a Harmonious and Better Development Digital Transformation Led Green and Low-carbon Way Life under Human-oriented by Innovation Principle Serving Key National Strategies 26 Enhancing Development of Financial Science 34 Advancing Green Finance 40 Commitment to Sustainable Growth of and Technology Employees 44 Deepening Inclusive Financial Services 28 Performing Green Operation 41 Connecting Rural Rejuvenation Effectively 30 Creating Brand New Finance Ecology 35 Protecting Consumer's Rights and Interests 47 Reinforcing Prevention and Control of Science Actively Carry Out Social Public Welfare 50 and Technology Risks 36 STRATEGY ESG Disclosure Strategic Development Vision 8 Governance 52 Corporate Culture Development 9 Environmental 52 Talent Cultivation Planning 10 Social 54 Key Performance 60 Special Topics Independent Assurance Report 63 Support to Epidemic Prevention and Control to Ensure "Six 12 Stability" and "Six Security" in Place Appendix Targeted Poverty Alleviation to Win the Decisive Battle and Build 16 Notes to Report 66 a Moderately Prosperous Society in All Respects Feedback Form for Readers 67 4 Bank of Chongqing 2020 Report of Corporate Social Responsibility (Environment, Social, Governance) 5 Chairman's Address 2020 was an extraordinary year in the areas and peasants. In the critical battle against cost efficiency. The Bank persisted in the development history of Bank of Chongqing. poverty, the Bank provides package products main principle of operation compliance, built Confronting with the COVID-19 pandemic of poverty alleviation by credit loan, donation overall risk prevention and control capacity, impact and complex situation both at home and consumption. Under the concept of green and reinforced intelligent risk control so that and abroad, we took Xi Jinping's Thought development, the Bank adopted the "Equator the credit approval and post-loan management on Socialism with Chinese Characteristics in Principle", diversified green service modes got further improved and upgraded plus a the New Era as the beacon, and under the and better supported the sectors like energy good level of asset quality among the public strong leadership of Chongqing Municipal conservation, environmental protection, clean listing banks. The Bank promoted corporate CPC Committee and Chongqing Municipal energy and ecology governance. Focusing on governance according to law, enhanced People's Government, gathered force the national major strategies, the Bank fully institutional construction, tightened the together with perseverance and confidence participated in the construction of Chengdu- superintendence network and streamlined the to overcome all difficulties. We sustained the Chongqing dual-city economic circle and internal control compliance system. stable, progressive and upward momentum the regional development. We uphold the of development with the total assets hitting a philosophy of "Think Alike, Grow Together" Thanks to the extensive trust and support of historic high of CNY560 billion. In the World to create value and help clients succeed by our investors and clients, the Bank of Chongqing Top 500 Bank Brands released by the British financial services of higher quality, efficiency was successfully listed on the A-share The Banker, the Bank of Chongqing ranked and professionalism. market on Feb. 5, 2021 and became the 206th, 53 places higher than the previous first city commercial bank of "A+H" listing year, which heralds a new advent of high- Over the past year, we tackled with in West China. In the new development quality development and starts a new journey bottleneck issues and constantly stage, the Bank will actively take part in of the Fourteenth Five-year Plan. strengthened the "driver" of reform and the new development pattern, assume the innovation. We advanced the reform and new development missions, adhere to the Over the past year, we succeeded in innovation of the entire bank, formulated underlying principle of seeking progress while carrying out the assignment and supporting the Fourteenth Five-year Plan and took the keeping performance stable, uphold the theme the victory of the critical battle against benchmarking improvement action and the of high-quality development, follow the main the pandemic. We quickly responded to three-year reform action plan as a whole, path of deepening structural reform at supply the tough tests, timely granted emergency exploring the high-quality development side, take reform and innovation as the prime loans to the epidemic prevention guarantee path with our own characteristics. A digital mover, and keep strengthen the capabilities entities, and built up the invulnerable defense innovation leading group was formed to push of competition, innovation, control, influence line to safeguard the life and health of our forward digital innovation and implement 104 and risk resistance so as to guarantee a good employees and clients. We fully secured the science and technology programs, which were start of the Fourteenth Five-year Plan and "Six Stability" and "Six Security" in place, highlighted by the Digital Smart Mobile Bank, celebrate the 100th Anniversary of CPC by actively implemented the relief and beneficiary Client Portrait by Big Data, Fengling Smart outstanding achievements. policies, supported micro and small private Assessment, Cash Management System, businesses with preferential interests, and etc. and incubate the independent IPR results adopted diversified means to contribute to the that effectively enabled business growth, risk work resumption of all walks of life. control and management improvement. Over the past we enhanced our capacity Over the past year, we worked hard to and improved clients' "Sense of Gain" by safeguard the baseline and strengthened the financial services. The Bank concentrated "firewall" for overall risk prevention and on the development of inclusive finance and control. The Bank followed the requirements LIN JUN constantly resolved difficulties of difficult, on preventing and mitigating major risks, costly and slow financing for the micro and strengthened overall risk management, and Chairman of the Board of Directors small businesses and the agriculture, rural achieved balance among safety, liquidity and Bank of Chongqing Co., Ltd. 6 Bank of Chongqing 2020 Report of Corporate Social Responsibility (Environment, Social, Governance) 7 President's Address In 2020, the Bank of Chongqing to Real Economy", and totally granted finance and microfinance is taking shape. thoroughly studied and implemented CNY3.9 billion of dedicated refinancing Xi Jinping's Thought on Socialism fund, CNY2 billion special financial debt Technology empowers digital with Chinese Characteristics in a New of microloan, CNY4.63 billion of inclusive transformation. The Bank sticks to Era, fully executed the decisions and finance credit loan to micro and small the strategic orientation of digital deployments of Chongqing Municipal businesses and CNY4.28 billion of initial transformation, and enables high-quality Party Committee and Chongqing loan to micro and small businesses. Over development by financial science and Municipal People's Government, resolutely the past year, the Bank transferred a technology. The financial sci-tech, data secured all regulatory requirements in portion of profit of CNY1.52 billion by governance and financial standardization place, guaranteed robust development various means to corporate entities. are promoted as a whole, the Big Data and safe operation, and forestalled risk intelligence innovation action is about to of compliance. All the Bank's employees Deeply-rooted in real economy with finish, and the new technology application were unified to work arduously, realize support to major strategies: the Bank scenarios like 5G, blockchain and robot high-quality development, leap forward concentrated on the major strategies of are increasing dramatically. The Bank to a new height and thus deliver a good building Chengdu-Chongqing dual-city integrates all data resources, propels report on the results of the Thirteenth economy circle and a new west land- data application by 36 scenarios, creates Five-year Plan. sea corridor, and proactively participated and updates the client tag "portraits" in the new development pattern of "dual and improves the client's experience of By the end of 2020, the Bank had total circulations". The Bank signed a strategic science and technology. assets of CNY561.641 billion with a cooperation agreement with Bank of year-on-year increase of 12.1%, the Chengdu to perform concrete cooperation In 2021, the Bank will adhere to the loan balance of CNY283.2 27billion, on interbank credit granting, bond party leadership, carry forward the up 14.5%, the deposit balance of investment, counter connectivity, etc. mission of practicing social responsibility, CNY314.500 billion, up 11.9% and the The Bank also strengthened the financial get deeply involved in the major strategies annual net profit of CNY4.56 billion, up service to the new areas and vigorously