Recently, JIC Leasing was awarded the Ge-1 certification, the highest green rating for enterprise entities.

This green rating for enterprise entities was carried out by CCXGF, a third-party authoritative evaluation and certification agency for green finance, on the basis of the green level of the enterprises in main business, environmental performance, social performance and corporate governance. After the rating, it was found that "JIC’s leasing business demonstrates excellent green performance, and has a very high green level in environmental performance and in social performance."

In active response to China’s development appeal for Carbon Peak and Carbon Neutrality, JIC Leasing has strengthened its top-level design of green development, and incorporated “Green and Low-Carbon Development” into its key strategic businesses during the 14thFive-year Plan Period. With a focus on clean energy, low-carbon travel, energy conservation and environmental protection, innovative business models have been continuously introduced. Support has been given to the energy saving and carbon reduction transformation of traditional enterprises, and presence in new energy vehicles, energy storage and green buildings have been built at an accelerated pace to support the green and low-carbon transformation of the real economy.  

Resolutely shouldering the responsibility of state-owned enterprises in recent years, JIC Leasing has followed the path of green and low-carbon high quality development with practice actions. Support has been given to the construction of clean photovoltaic wind power stations, expansion and upgrading of rooftop distributed photovoltaic power stations, production of photovoltaic modules and construction of new energy battery production lines, as a way to promote the development of the clean energy industry. New energy vehicles, urban new energy buses and new energy ships have been supported to drive the upgrading of the green transportation industry. The construction of green industry parks and smart green factories has also been supported to facilitate the upgrading, transformation, energy conservation and emission reduction of the traditional industries. Enterprises in new eco-friendly and energy-saving building materials have been supported to promote technological upgrading of production lines for the sound development of the green building industry. The idea of “Two Mountains” has been practiced to support the construction of green water sources in Northern Zhejiang Province, pollution control and environmental protection in coal mining subsidence areas in Anhui Province, ecological restoration and water system management in Hebei Province. Since the beginning of the 14thFive-Year Plan Period, JIC Leasing has invested more than RMB 5 billion in green and low-carbon development, and JIC Tianjin has also won honors such as Excellent Enterprise in Green Leasing Business Innovation of the Year.

As required by the Report to the 20thCPC National Congress, efforts should be made to accelerate the green transformation of the development model; green and low-carbon economic and social development is a key link to achieving high-quality development; the adjustment and optimization of the industrial structure, energy structure, and transportation structure should be accelerated. As further pointed out in the Report, we should actively and steadily advance Carbon Peak and Carbon Neutrality, promote the clean, low-carbon and efficient utilization of energy, and advance the low-carbon transformation of industrial engineering, construction and transportation. In the report on financial work, the State Council also stressed the need to innovate green financial products and services and strengthen financial support for economic transformation and upgrading.

In the future, JIC Leasing will continue to practice the green and low-carbon development idea as guided by the spirit of the 20thNational People’s Congress and the central decision-making and deployment. Efforts will be made in green financial leasing to support the development of green industries and help China achieve its Carbon Peak and Carbon Neutrality strategic goals.