On August 7th, 2024, the Suzhou ESG Financial Matching Platform and ESG Industry Innovation Party Building Community, sponsored by Suzhou Industrial Park, was successfully held in the park. Multiple measures were taken at the event to empower and enhance green sustainable development. Zhang Yingjie, Vice President of CCX Green Finance, was invited to attend and announced the launch of the "Financial Institution Green Carbon Pass Platform 4.0".
During the event, the Suzhou ESG Financial Matching Platform was officially launched. As an innovative measure to promote the development and practical application of the ESG industry, the platform is committed to building a bridge connecting financial institutions and enterprises, deepening the information barrier between enterprises and financial institutions, and promoting the integration of green finance and ESG practices. After the platform is launched, financial institutions can provide green finance services to enterprises through the platform, targeting and accurately irrigating the green industry in the park with financial "living water", providing comprehensive green finance solutions for enterprise development, and helping enterprises with green technology innovation, green project implementation, and green transformation and upgrading.
Zhang Yingjie, Vice President of CCX Green Finance, announced the launch of the "Financial Institution Green Carbon Pass Platform 4.0". The system is designed to provide a universal platform for green credit business of financial institutions and carbon emission, carbon reduction, and carbon inclusiveness. The Financial Institution Green Carbon Pass Platform is mainly divided into six modules, including green credit identification, environmental benefit calculation, carbon emission measurement tools, green credit statistics, environmental information disclosure, and ESG risk management.
Zhang Yingjie explained that CCX Green Finance has developed identification methods that comply with the current green credit identification standards after many years of providing green banking services to domestic banks. The modules are simple, effective, and accurate, and the identification methods include loan industry law and loan purpose keyword law. It can help customer managers who lack knowledge of green industries to complete green loan identification and classification through simple keyword searches or recommendations, further improving the accuracy of green loan labeling and the work efficiency of customer managers.
The ESG risk management module is divided into ESG risk ratings for listed and bond-issuing companies and ESG risk ratings for small and medium-sized enterprises. Among them, the ESG risk rating for listed and bond-issuing companies is based on more than 7 million pieces of underlying data accumulated by CCX Green Finance over 4 years. It extracts 21 primary indicators, 55+ secondary indicators, 180+ tertiary indicators, and 700+ fourth-level indicators based on the characteristics of the industry, and constructs 57 ESG rating models with industry characteristics to rate tens of thousands of listed and bond-issuing companies, and generate rating reports online. The ESG risk rating for small and medium-sized enterprises integrates and processes data from financial institutions' enterprise databases, loan-related data, external data, and research data, and calls the rating model to evaluate risks, helping banks to assess the credit risks of their customers from the perspectives of the environment, society, and corporate governance, and monitor their sustainable repayment capacity.
After the meeting, Zhang Yingjie had in-depth discussions with relevant officials of Suzhou Industrial Park and led a visit to the park, gaining a deeper understanding of Suzhou Industrial Park's investment and level of importance in the ESG field.
As one of the earliest third-party service organizations to participate in the construction of domestic green finance and sustainable systems, CCX Green Finance relies on its professional advantages in the credit service field, has been deeply involved in the green finance field for many years, and specializes in ESG investment and consulting, green finance consulting, and green bond rating services.
