Case Study Of Industrial Bank Developing Green Finance Business

The rapid development of economy not only brings rapid changes to human life,but also brings a series of problems such as environmental pollution and ecological imbalance to the earth.It is urgent to take action to protect the ecology.Serious environmental pollution urgently requires human beings to change their ideas,abandon the extensive economic development model and construct a green development system.More and more countries in the world have reached a consensus on green development,and green finance will have a broad market in the future.Commercial banks are an indispensable part of the financial system.While promoting economic development,they should also actively assume the responsibility of protecting the ecology.However,commercial banks are profit seeking institutions,so they put more emphasis on short-term market returns.Therefore,in order to eliminate the above contradiction,the International Association of commercial banks has put forward the standard of Equator Principle,which aims to evaluate the damage of financial activities to the ecological environment.Industrial Bank took the lead in joining equator bank,learned the advanced theory and experience of foreign commercial banks,accumulated rich practical experience,and has formed a relatively mature risk management system.Therefore,taking industrial bank as a case to study the development of green finance has important reference value for the upgrading,transformation and high-quality development of other domestic commercial banks.This paper mainly takes the cause,process and some achievements of Industrial Bank’s development of green financial business as the context,deeply analyzes the development of green business of Industrial Bank,summarizes experience and lessons,and provides reference for the development of green finance in other economies.At the beginning of the article,it introduces the development and research status of green finance at home and abroad,and understands that the development of green finance business in China is still in the primary stage.Secondly,it expounds the concepts related to green finance and the methods and theories needed in this paper,and then uses AHP to analyze the benefits of Industrial Bank’s development of green finance,mainly subdivide the benefits into economic and environmental aspects,and calculate the final benefit value of the two,Comparing the calculation results with other six banks of the same nature,it is concluded that industrial bank is better than other commercial banks in developing green financial business.Finally,it summarizes the advantages and disadvantages of Industrial Bank in developing green finance,puts forward corresponding suggestions for the shortcomings,and summarizes the enlightenment to other commercial banks in developing green finance,hoping to be helpful to other commercial banks.