The Go Clean ICBC coalition is working to push the Industrial and Commercial Bank of China (ICBC) towards its stated claim of being a climate leader. But, it will take efforts from all sides to put more pressure on ICBC and make this a reality. To do this, we’re turning our attention to the Bank’s shareholders.
Use the tool below to help you send a letter to ICBC’s commercial shareholders. Tell these shareholders that they can help usher in game-changing climate action in the financial sector by urging ICBC to set more ambitious targets for overseas renewable energy investment, and develop a transition roadmap to achieve a real net-zero emission plan.
We are calling on ICBC to lead the charge of transitioning investments and financing towards renewable energy. Shifting financial flows is crucial to enable the world to start transitioning energy systems and to create a conducive investment climate for low-carbon development.
A rise in ICBC’s renewable energy portfolio would support China in realizing its commitments to be a world leader in decarbonization.
Climate leadership in the financial sector sets the stage for concerted climate action that focuses on ensuring our common future thrives even as we face the worse impacts of the climate crisis.