In 2019, ABC Singapore Branch issued a green loan aimed at financing assets that meet the eligibility criteria of the ABC SG Sustainable Financing Framework (“SFF”). In 2020, ABC SG engaged Sustainalytics to review the assets funded and provide an assessment as to whether the projects met the Use of Proceeds criteria and the Reporting commitments outlined in the SFF.

Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.

ABC SG is happy to report that based on the procedures conducted, nothing has come to Sustainalytics’ attention that is not in conformance with the Use of Proceeds and the Reporting criteria outlined in the SFF.

ABC SG has pride herself as one of the leaders in the sustainable financing space among the Chinese banks here in Singapore， and has received recognition by winning the “China Service Model Case” award at the China International Fair for Trade in Services in September this year.

Agricultural Bank of China Limited_Annual Review.pdf