Regulations for Sustainable Finance

Regulations for Sustainable Finance

Each TCFHC’s subsidiary regards the “Sustainable Financial Policy” of the parent company 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. At present, the Group is not engaging in any mining of coal or shale or polar oil. For related industries such as coal power, coal mining, coal trading, and unconventional oil and gas, TCFHC formulates "Investment and Financing Business Standards for Coal Phase-Out and Unconventional Oil and Gas Exploration" to set investment and financing thresholds and deadlines. Before the phase-out commitment TCFHC discusses investment and financing customers with their carbon reduction actions or net zero plans, and continuously engages with them on low-carbon transformation.