CICC Signs GIP with 27 Global Institutions to Promote BRI Sustainable Development
On April 25th, 2019, the Second Belt and Road Forum for International Cooperation was held in Beijing. China International Capital Corporation (CICC) was invited to attend and participate in the “Finance Connectivity” Thematic Forum meeting. At the Forum, CICC together with more than 20 global financial institutions including Silk Road Fund, China Development Bank,First Abu Dhabi Bank ,HKEX signed the “Belt and Road Green Investment Principles”. The Principles, developed on existing United Nations Principles of Responsible Investment (PRI), aim to incorporate low-carbon and sustainable development into the BRI. The principles commit to strengthening the environmental and social risk management of the investment projects and further promoting the environmental-consciousness of the BRI-related investments.
As a leading investment bank with “China Roots and International Reach”, CICC has been actively expanding its global footprint, leveraging its broad international vision and extensive global network to bridge between the domestic and foreign capital markets. CICC has been standing at the front line to keep close dialogues with the governments, institutions and enterprises along the “Belt and Road” and seek to provide the first-class and comprehensive cross-market services to the clients. As the first group of financial institutions to sign the “Green Investment Principles”, CICC will firmly stand by the green finance concept and implement its social responsibility in its business practices, and will commit itself to becoming a practitioner, promoter and leader of the Principles.