The 29th Asian EXIM Banks Forum Annual Meeting Opens in Shanghai

SHANGHAI, Nov. 15, 2024 /PRNewswire/ -- A report from China Daily:

The 29th Asian EXIM Banks Forum Annual Meeting commenced on November 13 in Shanghai, hosted by the Export-Import Bank of China (China Eximbank). The event brought together over 60 representatives from 13 export credit agencies and three multilateral financial institutions, including the Japan Bank for International Cooperation, the Export-Import Bank of Korea, Asian Development Bank, the Asian Infrastructure Investment Bank, and the New Development Bank.

The opening session was attended by Wu Fulin, chairman of the Export-Import Bank of China, who delivered the keynote speech, and Xie Dong, vice mayor of Shanghai, who gave the opening address. Wang Chunying, president of the Export-Import Bank of China, hosted the forum.

During the conference, participants engaged in in-depth discussions on "Regional Cooperation in Asia and Global Economic Integration". They unanimously recognized that the Asia-Pacific economy is currently facing new opportunities and challenges. Forum members agreed that fostering greater communication and collaboration, advancing green and low-carbon development, unleashing the potential of the digital economy, deepening regional industrial chain cooperation, and ensuring the stability and security of supply chains are crucial to achieving regional economic stability and sustainable development.

In his keynote speech, Wu emphasized that Asia has become the most dynamic and growth-oriented region in the world today. He noted that forum members are not only witnesses to the "Asian miracle" but also active participants, supporters, and contributors. Wu called for continued unity and cooperation among member institutions to tackle future risks and challenges. He outlined several key measures, including: increasing financial support to leverage more social funds and expand the impact of investment, focusing on key sectors to unlock cooperation potential, particularly in emerging areas that contribute to Asia's transformation, optimizing resource allocation to enhance the quality and effectiveness of projects through comprehensive and scientific project management, strengthening communication and mutual learning, including joint seminars, thematic training, and personnel exchanges to foster collective progress.

Xie Dong, vice mayor of Shanghai, welcomed the guests on behalf of the Shanghai municipal government. She highlighted the longstanding strategic partnership between Shanghai and the Export-Import Bank of China, with both playing a vital role in promoting regional trade and investment. Xie added that Shanghai is accelerating its development as an international financial center and trade hub, expanding deeper, broader, and more advanced opening-up. She expressed confidence that the forum would enhance stakeholders' understanding of Shanghai and help elevate trade and economic cooperation with the Asia-Pacific region.

The Asian EXIM Banks Forum, established in 1996, serves as an important platform for fostering understanding, sharing best practices, and advancing collaborative development across member institutions.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

The 29th Asian EXIM Banks Forum Annual Meeting Opens in Shanghai

HONG KONG, Nov. 15, 2024 /PRNewswire/ -- Sino Group ('the Group') is pleased to announce that Sino Land Company Limited ('Sino Land') has been recognised as a Global Sector Leader in the Residential category and has attained the highest five-star rating in the 2024 Global Real Estate Sustainability Benchmark ('GRESB') Real Estate Assessment. This achievement reaffirms the Group's dedication to upholding international standards in ESG performance and considerations.

The 2024 Real Estate Assessment of GRESB surveyed over 2,000 participants across 15 sectors and 80 markets, culminating in a comprehensive and rigorous analysis of industry players' efforts and progress in Environmental, Social and Governance ('ESG') management, performance and development. The Assessments are guided by material issues related to the sustainability performance of what industry and investors consider to be real asset investments. They are aligned with international reporting frameworks including GRI ('Global Reporting Initiative'), PRI ('Principle Responsible Investment'), Sustainability Accounting Standards Board ('SASB'), Dow Jones Sustainability Index ('DJSI'), Task Force on Climate-related Financial Disclosures ('TCFD') recommendations, the Paris Climate Agreement, United Nations Sustainable Development Goals ('UNSDGs'), and region and country specific disclosure guidelines and regulations.

Mr Daryl Ng, Deputy Chairman and Chairman of the ESG Steering Committee of Sino Group, said, 'We are humbled and delighted to achieve the highest rating in this major global ESG benchmark. This recognition reflects our commitment to fostering sustainability in the built environment and our dedication to innovative strategies and staying aligned with global standards. This year, we have introduced the concept of double materiality assessment in our sustainability report while adhering to eight important local and international sustainability reporting standards and frameworks. We would like to express our heartfelt gratitude to like-minded partners who have joined us on this sustainability journey, as well as to the Hong Kong Government for their leadership and support, which have been instrumental in shaping the city's sustainability efforts. Together, we hope to expedite climate initiatives and contribute to a more sustainable future.'

Sino Land performed its first double materiality assessment while preparing the Sustainability Report 2024. Considering the impacts of relevant sustainability issues on the enterprise value (financial materiality), and on the economy, environment and people (impact materiality), this approach allows the Group to better assess the integration of sustainability within our business and align reporting standards with global best practices.

Please click here for the Sino Land Sustainability Report 2024, or here for video highlights.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Sino Land was Recognised as a Global Sector Leader by 2024 Global Real Estate Sustainability Benchmark