ICBC provided $25Bn in loans and underwritings to fossil fuels & $693Mn to renewable energy in 2020

ICBC

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Shahnaz S. Apr 5th, 2023

Reviewed by

Daniela D.

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#coal #wind #solar #turbines

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ICBC

Impacts of Investments in the Energy Transition

7: Affordable and Clean Energy

Written by

Shahnaz S. Apr 5th, 2023

Reviewed by

Daniela D.

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The United Nations Sustainable Development Goals (SDGs) are the set of 17 goals agreed by 193 countries covering all the major impact areas we need to focus on. They are a universally recognised framework that allow governments, businesses, medias and civil society to share the same language and agree on a common set of targets to protect the planet and improve society.

At Impaakt, we use the SDGs as an analytical framework to help our contributors structure their work, and our clients compare the impact of different companies according to well-defined, standardized themes.

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ICBC provided $25Bn in loans and underwritings to fossil fuels & $693Mn to renewable energy in 2020

Impacts of Investments in the Energy Transition

Actual Direct Impact

Assess the impact materiality of this Topic for ICBC

Share this Analysis

Impacts of Investments in the Energy Transition