ICBC Heads Ranking of Top100 Companies by Environmental Responsibility
OREANDA-NEWS. January 21, 2013. Ministry of Environmental Protection, Central Committee of the Communist Youth League and Organizing Committee on the Survey of China Listed Companies by Environmental Responsibility ("Organizing Committee") held the "2012 First Forum on Survey and Outlook of China Listed Companies by Environmental Responsibility & Top 100 China Listed Companies by Environmental Responsibility Award Ceremony", in collaboration with Shanghai Stock Exchange and Shenzhen Stock Exchange. ICBC received the highest number of awards - first place in the "Top 100 China Listed Companies by Environmental Responsibility", "Best Performing China Listed Company by Environmental Responsibility" and "China Listed Company by Green Finance", reported the press-centre of ICBC.
The selection process lasted for more than a year. This year, the first year of the ranking received nomination from 2477 Chinese companies listed in the A-share market. The awards are presented to listed companies with excellent contribution in fulfilling social responsibility in China, especially environmental responsibility. All Chinese companies listed in A-share market were welcomed to join the competition.
The objective of the awards is to recognize best practices in environmental responsibility and provide benchmark through best cases. The winners were judged by a panel of 30 CSR experts and academicians and announcement to the public, retail investors and 47 environmental NGOs (non-governmental organizations) at the official website of Organizing Committee and China Economic. With excellent contribution in social and environmental responsibility and good corporate citizenship, ICBC headed the "Top 100 China Listed Companies by Environmental Responsibility".
The Organizing Committee and judging panel unanimously agreed to present two category awards to ICBC - "Best Performing China Listed Company by Environmental Responsibility" and "China Listed Company by Green Finance", in recognition of the Bank's support in low carbon economy and green finance for sustainable development.
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