Research On The Efficiency And Impact Of Green Credit Operation In Commercial Banks

In 2022,China’s green credit scale occupies a place in the global green market,and the green financial business has shown a rapid development and multi-point flowering development trend.Green credit,as the most mature product in the green financial system,has maintained vigorous development.On the one hand,green credit is a key measure to implement the "double carbon" strategy and realize financial support for the real economy,which helps to realize a resource-saving and environment-friendly society,and is a powerful financial lever to achieve social sustainable development.On the other hand,green credit helps to realize green economy,low-carbon economy and circular economy,prevent environmental and social risks,and improve the environmental and social performance of projects and enterprises.Against the backdrop of China’s economic transformation towards high-quality development,increasing people’s demands for environmental quality,and green development becoming a core strategy,green credit will become an important financing channel for the market to achieve low-carbon development and respond to environmental and social risks.This article selects the state-owned joint-stock commercial bank,China Construction Bank,based on research literature on green credit both domestically and internationally.It introduces the key industries supported by China Construction Bank’s green credit,relevant measures and their insufficient effectiveness,and green credit products.Mainly using DEA analysis method to explore the efficiency of green credit operating from 2014 to 2021,innovatively introducing economic indicators and environmental indicators to study the efficiency of green credit allocation,and then using factor analysis method to analyze the influencing factors of green credit operating efficiency of China Construction Bank.The results show that China Construction Bank is currently in the development period of green credit,and the economic efficiency of green credit business has decreased in recent years.There is a relatively small loss in environmental efficiency,but in the past two years there has been an increase in returns to scale.The comprehensive technical efficiency and environmental efficiency are relatively consistent.Through the comparison of environmental and economic efficiency results,it is found that the economic efficiency of China Construction Bank’s green credit is far less than the environmental efficiency,indicating that China Construction Bank’s green credit has a relatively obvious effect on social environmental benefits.Next,by analyzing the factors influencing the efficiency of green credit operating,the results show a negative correlation between green credit and business performance.It is found that based on the analysis of the above results,this thesis puts forward higher requirements for the management ability,measures and systems of China Construction Bank.The research in this thesis helps to improve the efficiency of China Construction Bank’s green credit and improve its economy and environment,and also provides reference for other financial institutions to innovate and develop green finance,helping to achieve the dual carbon goal.