Guidelines and Performance of Sustainable Finance

Guidelines and Performance of Sustainable Finance

Each subsidiary of the Group regards the "Sustainable Financial Policy" as the prime directive. They abide by the international sustainable financial guidelines to formulate and implement relevant regulations for sustainable investment, sustainable financing, and sustainable financial products. For related industries such as coal power, coal mining, coal trading, and unconventional oil and gas, TCFHC formulates the "Investment and Financing Business Standards for Coal Phase-Out and Unconventional Oil and Gas Exploration" and sets investment and financing case thresholds and divestment years (there are currently no coal mining, shale oil and gas and arctic oil and gas extraction industry cases in domestic). TCFHC will discuss with investment and financing customers about their carbon reduction actions or net zero plans, and continuously engages with them on low-carbon transformation.

In order to promote shared sustainable development of the invested company, TCB, TCS, BNP TCB Life and TCSIT signed the "Institutional Investor Due Diligence Governance Code" compliance statement, continued to pay close attention to fulfillment of ESG by the invested company through dialogs with the invested company and participation in its shareholders’ meetings, and periodically disclose the due diligence report, annual voting records, and engagement records, proactively fulfilling activism as shareholders.