China Merchants Bank Sustainability Report 2023

Year: 2023
Published: 2024-03-25
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Carbon emissions from investment and financing activities million tons 36.2723 61
Decrease in carbon emissions at Head Office building tons 1030.51 76
Greenhouse gas emissions (scope 1 plus scope 2) (ten thousand tons of CO2 equivalent) ten thousand tons of CO2 equivalent 40.76 44.10 44.98 94
Per capita greenhouse gas emissions (tons of CO2 equivalent/person) tons of CO2 equivalent/person 3.80 3.98 3.94 94
Scope 1 (direct) greenhouse gas emissions (ten thousand tons of CO2 equivalent) ten thousand tons of CO2 equivalent 1.61 1.66 2.21 94
Scope 2 (indirect) greenhouse gas emissions (ten thousand tons of CO2 equivalent) ten thousand tons of CO2 equivalent 39.15 42.44 42.77 94
Scope 3 greenhouse gas emissions (ten thousand tons of CO2 equivalent) ten thousand tons of CO2 equivalent 271.50 279.63 300.68 94

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2023 Report Pages
Total amount of hazardous waste (Head Office of China Merchants Bank, 44 domestic branches, 6 overseas branches) tons 62 97

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Total amount of non-hazardous waste (Head Office of China Merchants Bank, 44 domestic branches, 6 overseas branches) ten thousand tons 4.39 4.74 2.41 97
Weight of paper used for card brochures and envelopes tons 317.82 268.38 224.5 93

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2021 2022 2023 Report Pages
Carbon dioxide equivalent emissions reduction achieved by Xiamen Branch Smart Grid Carbon Reduction Loan tons 158.09 61
Converted annual emission reduction of chemical oxygen demand from green loan projects ten thousand tons 29.58 35.72 27.66 14
Converted annual emission reduction of standard coal from green loan projects ten thousand tons 694.29 733.01 799.42 14
Converted annual reduction of carbon dioxide equivalent of green loan projects (ten thousand tons) ten thousand tons 1525.24 1613.05 1778.67 13

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2021 2022 2023 Report Pages
Paper saved by using e-bills for credit cards 100 million pieces 19.43 19.86 18.93 93

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Balance of loans made to support strategic emerging industries RMB 100 million 2191.54 3023.23 3750.97 14, 232
Consumption of externally-acquired electricity (megawatt-hour) megawatt-hour 659212.16 733741.27 740895.34 94
Consumption of externally-acquired thermal energy (RMB ten thousand) RMB ten thousand 1655.93 1722.09 2131.79 94
Consumption of liquefied petroleum gas in cafeteria tons 53.51 48.96 35.3 93
Diesel consumption of standby generators (liters) liters 75546.08 77104.56 62334.32 94
Diesel consumption of vehicles liters 5549.67 4635.92 3658.46 93
Electricity usage at Head Office building kWh per square meter 118.98 76
Gas consumption (ten thousand cubic meters) ten thousand cubic meters 2.45 1.54 2.36 94
Gasoline consumption of vehicles ten thousand liters 171.06 143.8 146.26 93
Natural gas consumption ten thousand cubic meters 407.95 403.19 374.1 93
Number of sub-branch locations with electricity usage data connected to energy management platform locations 172 74
Reduction in electricity usage at Head Office building % 11.28 76
Reserve generator gasoline consumption (liters) liters 2826.81 1094.90 788.11 94

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2021 2022 2023 Report Pages
Per capita water consumption (tons/person) tons/person 31.98 18.42 22.43 96
Total barreled water consumption (ten thousand tons) ten thousand tons 2.89 0.84 1.14 96
Total bottled water consumption (ten thousand tons) ten thousand tons 2.37 1.78 0.18 96
Total municipal water supply (ten thousand tons) ten thousand tons 198.2 185.84 254.96 96
Total water consumption (ten thousand tons) ten thousand tons 203.46 188.46 256.28 96

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2021 2022 2023 Report Pages
Average PUE of self-owned data centers 1.57 1.54 1.59 95
Number of main and branch office buildings with electricity usage data connected to energy management platform buildings 54 74

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Indicator Unit 2021 2022 2023 Report Pages
Amount of paper used for new card brochures and envelopes ten thousand pieces 2543 2147 1796 93
Number of paper statements saved annually by credit card electronic statements billion paper statements 1.893 76

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2023 2024 Report Pages
Credit loan granted by Xiamen Branch for Smart Grid Carbon Reduction Loan (2-year) million RMB 8.68 61
Head Office property management initiative received Three-Star Green Property Management Project award in Shenzhen Three-Star 75

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Average Board meeting attendance % 99.73 97.52 96.06 294
Average tenure of Board members years 6.6 5.6 4.4 294
Coverage of social insurance % 100 100 100 240
Employee number 103669 112999 116529 235
Female new hires 6162 6505 237
Male new hires 4477 4106 237
New hires aged 30 and below 9296 9422 237
New hires aged above 50 35 42 237
New hires aged between 31 and 50 1308 1147 237
New hires in campus recruitment persons 4562 6276 7113 236
New hires in social recruitment 5100 4363 3498 237
Number of Directors 16 15 15 294
Number of Independent Non-executive Directors 6 6 6 294
Number of Non-executive Directors with industry experience 14 14 13 294
Number of R&D personnel persons 10650 288
Number of business outlets in rural and county areas 124 126 128 229
Number of employees aged above 50 persons 3198 3492 3995 236
Number of employees aged below 30 43095 46066 45405 235
Number of employees aged between 31 and 50 persons 52160 55861 60265 236
Number of employees in Central China persons 11616 11691 12361 236
Number of employees in Northeast China persons 5176 5114 5217 236
Number of employees in West China persons 13366 15332 16029 236
Number of employees in the Bohai Rim region persons 12618 13941 14471 236
Number of employees in the Pearl River Delta and West Coast Economic Zone persons 32216 35289 36176 236
Number of employees in the Yangtze River Delta region persons 25495 28555 29066 236
Number of ethnic minority employees 4210 4625 4942 14, 239
Number of female Directors 1 1 294
Number of female employees 53890 59405 62085 235
Number of inclusive SMEs with loan balance 913289 990693 1004465 233
Number of male Directors 15 14 15 294
Number of male employees 44563 46014 47580 235
Number of new hires persons 9662 10639 10611 236
Number of other Non-executive Directors 8 8 7 294
Number of overseas employees persons 3182 3077 3209 236
Percentage of employees signing labor contracts (permanent employees only) % 100 100 100 240
Percentage of female employees % 55 56 57 14, 239
Percentage of females among middle and senior managers % 23 22 23 239
Percentage of male employees % 45 44 43 239
Percentage of males among middle and senior managers % 77 78 77 239
Permanent employees that have signed labor contracts with CMB 98453 105419 109665 235
Union establishment rate % 100 100 100 240

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Employee turnover rate % 7.18 7.14 6.61 237
Female employee turnover rate % 6.55 6.65 6.32 237
Male employee turnover rate (%) % 6.70 7.78 7.93 238
Turnover rate of employees aged above 50 % 1.94 3.46 2.77 238
Turnover rate of employees aged below 30 (%) % 10.22 10.73 9.50 238
Turnover rate of employees aged between 31 and 50 (%) % 4.13 4.76 5.44 238
Turnover rate of employees in Central China (%) % 3.47 3.68 238
Turnover rate of employees in Northeast China (%) % 2.55 3.95 238
Turnover rate of employees in West China % 5.67 5.26 239
Turnover rate of employees in the Bohai Rim region (%) % 3.02 4.14 238
Turnover rate of employees in the Pearl River Delta and West Coast Economic Zone (%) % 9.47 9.25 238
Turnover rate of employees in the Yangtze River Delta region (%) % 6.26 6.75 238

Lost days due to work injury.

Indicator Unit 2021 2022 2023 Report Pages
Lost workdays due to work-related injuries Days 2667 1886 2310 240

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2021 2022 2023 Report Pages
Digital capability evaluation and certification of business personnel person-times 30290 288
Expenditure on employee training RMB ten thousand 54216 52683 54777 241
Number of IT personnel covered by training courses persons 15236 288
Number of IT personnel training courses conducted courses 190 288
Number of business personnel covered by digital empowerment training courses person-times 19510 288
Number of digital empowerment training courses for business personnel courses 45 288
Number of employee participations in online study ten thousand 9500 12259 18763 241
Number of employees who attended training 76972 79603 84603 241
Number of employees who participated in training ten thousand 45.80 43.00 55.19 241
Number of training rounds 7202 6715 8596 241
Percentage of R&D personnel out of total employees % 9.14 288
Percentage of employees who accepted training % 98.00 98.00 98.12 241
Percentage of male employees who accepted training % 98.00 98.00 97.99 241
Training sessions attended by Board members 5 4 7 295

Number of suppliers by geographical region.

Indicator Unit 2021 2022 2023 Report Pages
Balance of agriculture-related loans RMB 100 million 2318.32 2332.81 2692.82 233
Balance of green loan RMB 100 million 2638.42 3553.57 4477.65 91
Balance of green loans (RMB 100 million) RMB 100 million 2638.42 3553.57 4477.65 13
Balance of loans made to affordable housing projects RMB 100 million 689.40 675.86 456.32 233
Balance of loans made to clean energy industry RMB 100 million 814.27 1270.29 1471.59 91
Balance of loans made to clean production industry RMB 100 million 166.36 88.28 79.76 91
Balance of loans made to ecological and environmental industries RMB 100 million 97.90 108.61 144.37 91
Balance of loans made to energy-saving and eco-friendly industry RMB 100 million 251.70 511.13 606.58 91
Balance of loans made to green service RMB 100 million 12.45 11.39 14.88 91
Balance of loans made to green upgrades of infrastructure RMB 100 million 1295.74 1563.87 2160.48 91
Balance of loans made to inclusive SMEs RMB 100 million 6011 6783.49 8042.79 14, 232
Balance of technology enterprise loans RMB 100 million 4284.77 14, 232
Budget of centralized procurement projects RMB 100 million 25.56 49.19 75.06 297
Contractors 5216 7580 6864 235
Loan balance growth rate of inclusive SMEs % 18.22 12.85 18.56 232
Number of centralized procurement projects 252 282 439 297
Number of community banks 201 150 134 229
Number of domestic and foreign branches 1924 1910 1935 229
Number of domestic business outlets 1913 1899 1924 229
Number of domestic self-service banks 2812 2695 2226 229
Number of self-service equipment 6592 5855 5281 229
Number of suppliers at Chinese mainland 454 498 611 297
Number of suppliers for centralized procurement projects 637 528 476 296
Number of suppliers in overseas regions, HK and Macau 22 30 26 297
Number of suppliers included in supplier database 30252 29868 25680 297
Proportion of supporting strategic emerging industries in total corporate loans % 11.64 14.42 16.16 14
Total assets (RMB million) RMB million 9249021 10138912 11028483 13

Description of practices relating to engaging suppliers, number of suppliers where the practices are being implemented, and how they are implemented and monitored.

Indicator Unit 2021 2022 2023 Report Pages
Average cycle of centralized procurement projects days 25 24 20 297
Green loan balance increase compared to prior year RMB 100 million 562.16 915.15 924.08 91
Ratio of centralized procurement projects that received assistance for ensuring fulfillment of obligations % 100 100 100 297
Supplier review coverage % 100 100 100 297

Description of practices used to identify environmental and social risks along the supply chain, and how they are implemented and monitored.

Indicator Unit 2021 2022 Report Pages
Number of suppliers implementing hiring practices ten thousand 1.20 1.20 297

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2021 2022 2023 Report Pages
Annual accumulative number of consumer education activities 22608 14940 18256 233
Average service response time second 4.31 3.63 3.70 231
Consumer rights protection review coverage rate % 100 137
Cumulative users of CMB Life 100 million 1.44 1.37 1.27 230
Customer Net Promoter Score (NPS) points 73.68 137
Customer complaint response rate within one hour % 99.16 137
Customer praise and affirmation times 106521 205947 162507 231
Nonperforming loan ratio (%) % 0.91 0.96 0.95 13
Number of CMB corporate App customers ten thousand 185.02 148.88 123.48 230
Number of consumer rights protection reviews 144500 137
Number of customers serving technology enterprises ten thousand 14.08 14, 232
Number of monthly active users of CMB App ten thousand 7505.43 6686.20 6541.69 230
Number of new individual customers ten thousand 1282 1060 1534 230
Number of online corporate banking customers ten thousand 264.64 233.38 212.24 230
Number of orders placed through the CMB Cloud Procurement Platform 499724 390000 410000 297
Number of users of the CMB App 100 million 2.07 1.88 1.70 230
Number of visual devices 7603 12511 14746 230
Number of winning entries in Craftsman’s Cup Creativity Competition entries 311 288
Ratio of credit card customers using e-bills % 99.59 99.58 99.57 93
Remote online omni-channel customer satisfaction % 97.61 98.53 99.10 231
Remote online omnichannel customer satisfaction % 97.61 98.53 99.1 14
Total profit (RMB million) RMB million 148173 165113 176618 13
Total retail customers 100 million 1.97 1.84 1.73 230
Transaction volume of CMB corporate App RMB 100 million 7507.15 8649.25 7777.87 230
Wholesale online channel customer coverage % 96.21 94.71 94.00 230

Description of quality assurance process and recall procedures.

Indicator Unit 2021 2022 2023 Report Pages
20-second manual response rate for remote online omni-channel % 94.37 94.89 92.52 231
Number of items of new systems, new products and new services reviewed 34063 76464 102983 233
Number of new systems, new products and new services reviewed 34063 76464 102983 233

Description of consumer data protection and privacy policies, and how they are implemented and monitored.

Indicator Unit 2021 2022 2023 Report Pages
Number of people covered by consumer rights protection training 85895 89600 99797 233
Proportion of credit cards using electronic statements % 99.57 76

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2021 2022 2023 Report Pages
Number of employees punished for violations 596 514 678 295

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2021 2022 2023 Report Pages
Number of cadres’ integrity talks before taking office 2204 1757 1667 296

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2021 2022 2023 Report Pages
Anti-corruption training times 971 1500 1880 295
Number of AML training times 1026 1268 1298 296
Number of Executive Directors 2 1 2 294
Number of people covered by AML training ten thousand 26.31 38.62 26.00 296
Number of people covered by anti-corruption training ten thousand 16.28 16.40 19.79 295

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2021 2022 2023 Report Pages
Amount of new inclusive small and micro enterprise loans issued within the year RMB 100 million 4354.26 4762.43 6028.21 233
Financial education outreach people 555000000 137
New loan amount made to affordable housing projects in the current year RMB 100 million 254.57 113.95 103.64 233
Number of entries submitted to Craftsman’s Cup Creativity Competition entries 1891 288
Number of outlets with barrier-free access 1913 1899 1924 229

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2021 2022 2023 Report Pages
Funding support for hydropower projects in Yunnan, Gansu, Sichuan, and other provinces billion RMB 5 61
Number of participants in Craftsman’s Cup Creativity Competition participants 6335 288
Supporting the annual disbursement of loans for strategic emerging industries RMB 100 million 2016.90 2491.24 2675.68 232
Supporting the proportion of strategic emerging industries in the total company loans % 11.64 14.42 16.16 232
Total taxes (RMB 100 million) RMB 100 million 568.68 610.04 562.40 13

Other aspects.

Indicator Unit 2021 2022 2023 Report Pages
Return on Average Assets Attributable to Shareholders (ROAA) % 1.36 1.42 1.39 229
Return on Average Equity Attributable to Shareholders (ROAE) % 16.96 17.06 16.22 229

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Direct GHG Emissions (Scope 1) ten thousand tons of CO2 equivalent 1.61 1.66 2.21
Indirect Energy Emissions (Scope 2) ten thousand tons of CO2 equivalent 39.15 42.44 42.77
Scope 3 GHG Emissions (Investments) million tons 36.2723
Total GHG Emissions ten thousand tons of CO2 equivalent 40.76 44.1 44.98
Total GHG Emissions Intensity (By Employee) tons of CO2 equivalent/person 3.8 3.98 3.94
Total Other Indirect Energy Emissions (Scope 3) ten thousand tons of CO2 equivalent 271.5 279.63 300.68

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2023
Total Hazardous Waste tons 62

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Non-Hazardous Waste Disposed tons 43900 47400 24100
Paper Waste tons 317.82 268.38 224.5

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2022 2023
CO2 Emissions Reduction Compared to Last Year ten thousand tons 87.81 165.62
CO2 Emissions Reduction Percentage Compared to Last Year % 5.76 10.27
GHG Emissions Reduction Compared to Last Year ten thousand tons CO2e 87.81 165.62
GHG Emissions Reduction Percentage Compared to Last Year % 5.76 10.27

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Diesel Fuel Consumption liters 75546.08 4635.92 3658.46
Gasoline Consumption ten thousand liters 171.06 143.8 146.26
LPG Consumption tons 53.51 48.96 35.3
Natural Gas Consumption ten thousand cubic meters 407.95 403.19 374.1
Purchased Electricity megawatt-hour 659212.16 733741.27 740895.34
Purchased Electricity Intensity (By Area) kWh per square meter 118.98
Purchased Heating RMB ten thousand 1655.93 1722.09 2131.79

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2021 2022 2023
Municipal Water Consumption ten thousand tons 198.2 185.84 254.96
Water Consumption ten thousand tons 203.46 188.46 256.28

Description of energy use efficiency target(s) set and steps taken to achieve them.

Standard Indicator Unit 2021 2022 2023
Average PUE of self-owned data centers 1.57 1.54 1.59
Number of main and branch office buildings with electricity usage data connected to energy management platform buildings 54

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Standard Indicator Unit 2021 2022 2023
Packaging Material Consumption (Paper) pieces 25430000 21470000 17960000

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2021 2022 2023
Number of Contractors 5216 7580 6864
Number of Employees Aged 30-50 52160 55861 60265
Number of Employees Aged Above 50 3198 3492 3995
Number of Employees Aged Below 30 43095 46066 45405
Number of Employees in Central China 11616 11691 12361
Number of Employees in Northeast China 5176 5114 5217
Number of Employees in Overseas 3182 3077 3209
Number of Employees in West China 13366 15332 16029
Number of Female Employees 53890 59405 62085
Number of Male Employees 44563 46014 47580
Number of New Employees 9662 10639 10611
Number of New Employees (Above 50) 35 42
Number of New Employees (Aged 30-50) 1308 1147
Number of New Employees (Aged Below 30) 9296 9422
Number of New Employees (Female) 6162 6505
Number of New Employees (On-campus Recruitment) 4562 6276 7113
Number of New Employees (Social Recruitment) 5100 4363 3498
Number of Total Employees 103669 112999 116529
Percentage of Female Employees % 55 56 57
Percentage of Male Employees % 45 44 43

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2021 2022 2023
Turnover Rate of Employees Aged 30-50 % 4.13 4.76 5.44
Turnover Rate of Employees Aged Above 50 % 1.94 3.46 2.77
Turnover Rate of Employees Aged Below 30 % 10.22 10.73 9.5
Turnover Rate of Employees in Central China % 3.47 3.68
Turnover Rate of Employees in Northeast China % 2.55 3.95
Turnover Rate of Employees in West China % None 5.67 5.26
Turnover Rate of Female Employees % 6.55 6.65 6.32
Turnover Rate of Male Employees % 6.7 7.78 7.93
Turnover Rate of Total Employees % 7.18 7.14 6.61

Lost days due to work injury.

Standard Indicator Unit 2021 2022 2023
Lost Days Due to Work-related Injuries Days 2667 1886 2310

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2021 2022 2023
Percentage of Employees Trained % 98 98 98.12
Percentage of Trained Male Employees % 98 98 97.99
Total Cost of Training RMB ten thousand 54216 52683 54777

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit
Average Training Hours (Female) hours
Average Training Hours (General Staff) hours
Average Training Hours (Male) hours
Average Training Hours (Middle Management) hours
Average Training Hours (Senior Management) hours
Average Training Hours per Employee hours

Number of suppliers by geographical region.

Standard Indicator Unit 2021 2022 2023
Number of Suppliers in Mainland China 454 498 611
Number of Suppliers in Overseas 22 30 26
Number of Total Suppliers 30252 29868 25680

Number of products and service related complaints received and how they are dealt with.

Standard Indicator Unit 2021
Total Number of Customer Complaints number 1227

Description of anti-corruption training provided to directors and staff.

Standard Indicator Unit 2021 2022 2023
Number of Anti-corruption Training Session sessions 971 1500 1880
Number of People Participated in Ethical Standards and Anti-corruption Training persons 162800 164000 197900