ABC Wins Several Awards of Social Responsibility
OREANDA-NEWS. January 11, 2012. Agricultural Bank of China Limited (ABC), with its outstanding achievements in the field of social responsibility, was granted the title of "2011 Most Socially Responsible Bank in Asia" and "8th Chinese Best Corporate Citizen Award" from the 21st Century Business Herald (21CBH) and the "China Corporate Social Responsibility Ranking Outstanding Enterprise Award" from the First Financial Daily (FFD). After years of development, the "Asia Financial Annul Meeting" and the "China Corporate Social Responsibility Ranking", organized respectively by the 21st Century Business Herald and the First Financial Daily, have become an important theoretical and practical exploration platform that attracts much attention from the social responsibility community, reported the press-centre of ABC.
ABC has constantly taken social responsibility as its own mission and made arduous efforts to achieve harmony and prosperity together with the society. Against the backdrop of the further deepening economic and financial globalization, ABC has integrated social responsibility into corporate governance and operation strategy, established the concept of global responsibility, conscientiously fulfilled the social responsibility of corporate citizenship and actively promoted the harmonious development of the economy, society and environment.
With respect to economic responsibility, ABC has given a strong impetus to the development of real economy through sticking to the Scientific Concept of Development, effectively implementing national macroeconomic policies and industrial promotion policy and vigorously supporting small and medium-sized enterprises. Fully aware of the vital role of the agricultural sector in social stability and economic property, ABC has always stuck to and strengthened its support for Sannong ("agriculture, farmers and rural areas") even in the context of joint stock reform and initial public offering, and made new breakthroughs in serving Sannong and the county areas. By the end of September 2011, 87.57 million Huinong cards had been issued by ABC, providing benefits for 300 million farmers. As an acknowledgement of its dedication to serving Sannong, ABC was honoured the "Top Ten Most Influential Entrepreneurial Spirit in 60 Years of New China".
To well perform social responsibility, ABC has established the customer-oriented service concept and provided rapid and thoughtful financial services for the whole society while actively participating in social welfare through poverty alleviation, disaster relief and donations to schools. For instance, confronted with severe natural disasters such as the earthquake in Yushu County, Qinghai Province, landslide in Zhouqu, Gansu Province and droughts in southwest China, ABC timely and generously donated money and materials to disaster-stricken people and gave priority to providing financial support and services for the reconstruction.
In terms of the environmental responsibility, ABC has vigorously advocated and implemented the low-carbon financial development strategy, and incorporated the environmental concept into all aspects and links of its business operations. It has strived to build an environment-friendly and conservative "green bank" through earnest efforts of encouraging energy saving and reducing carbon emissions and carbon footprints.
The success in winning the three prestigious awards is not only a solid evidence of ABC's significant achievements in the field of social responsibility, but also an indication of the full recognition and high praises from the whole community. In the future, ABC will continue to sublimate the brand's core philosophy of promoting social development and the customers' growth with high-quality service, be committed to the pursuit of the win-win situation between corporate value and social value and further advance the harmonious development of the economy, society and environment.
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