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ABC Released 2019 Corporate Social Responsibility Report

Agricultural Bank of China Corporate Social Responsibility Report 2019 (the Report) is the 13th issued since 2007. Contents and structure of the Report refer to and is standardized to The Global Reporting Initiative Sustainability Report Standards, The Supplementary Guidance for the Financial Services Industry, and International Standard Organization’s (ISO 26000) Guidance on Social Responsibility. It also complies with social responsibility guidance requirements of the China Insurance and Banking Regulatory Commission, the China Banking Association, the Shanghai Stock Exchange, and the Hong Kong Stock Exchange.

The Report, it is divided into six major sections, which are Message from the Leaders, About Us, Responsibility Practices, CSR Honors and Awards, Responsibility Commitments, and Appendix. Responsibility Practices is the most important part of the Report, it includes seven major areas, which are contributing to poverty alleviation, facilitating rural revitalization, serving the real economy, promoting the practice on creating a beautiful China, providing inclusive services, promoting staff development, and contributing to creating happy lives. The Report presents the Bank’s achievements in responsibility practices in 2019, so as to show that the Bank firmly establishes new development concepts, and demonstrates the responsibility of a large state-owned bank in promoting economic transformation and upgrading, maintaining financial security and stability, and serving people's livelihoods. Each chapter highlights responsibility practices through key performance data and focus topics, such as establishing “The Poverty Alleviation E-Mall” to support consumption-based poverty alleviation, digital transformation in serving “Sannong”, solving financing difficulties for SMEs by creating more online financial products, targeting ecological protection of the Yellow River to serve the people and benefit the local, building “Smart + Scenarios” financial service ecology, etc.

The cover of The Report combines a jade sculpture with graphic designs, creating a very unique Chinese style, which embodies the Bank’s deep roots in traditional culture, and the firmly held beliefs in forging ahead through trials and tribulations, in craftsmanship, and in fulfilling our social responsibilities.