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CUB Progress Report On The Implementation Of The PRB.pdf

2022_PRB_Implementation_Report.pdf

Preview of CUB Progress Report on the Implementation of the PRB

🔗 Source: cathaybk.com.tw

📊 Size: 1.56 MB

📄 Pages: 20 pages

⬇️ Downloads: 127

Summary

Cathay United Bank (CUB) has implemented the Principles for Responsible Banking (PRBs) and Equator Principles (EPs) to align its business strategy with sustainable development goals. In 2022, CUB expanded its sustainable development goals to include climate, health, and empowerment, and conducted an impact analysis of its products and services using the UNEP FI Investment Portfolio Impact Analysis Tool. CUB has set targets to increase positive impacts and reduce negative impacts, particularly in renewable energy loans and loans to high carbon emission industries. The bank has ceased extending credit facilities for coal-related loans since April 2021 and follows up on loan amounts and progress on a quarterly basis. CUB's overseas branches, including CUB China, Hong Kong Branch, and Singapore Branch, have also implemented various sustainable measures and risk management teams to address climate and other risk factors.

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Description

Cathay United Bank (CUB) has implemented the Principles for Responsible Banking (PRBs) and Equator Principles (EPs) to align its business strategy with...

Technical Information

File Format: PDF
File Size: 1.56 MB
Pages: 20
Language: EN
Total Downloads: 127
Last Updated: 4 hours ago

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