Construction And Evaluation Of Green Financial Development Index Of Commercial Banks

The report of the 19 th National Congress of the Communist Party of China mentioned that green finance has become an important starting point for promoting China's ecological civilization reform and green development.The impact of green finance on the entire financial system has continued to deepen and has gradually become mainstream.As the core of financial resource allocation,how commercial banks can support environmental protection through innovative green financial products is a key issue that China's banking industry should focus on in the future development of green finance.Therefore,constructing a scientific and rational evaluation system for green financial development of commercial banks can guide financial institutions to internalize the social benefits of green projects and green financing under the principle of marketization,which is an important prerequisite for promoting the rapid development of green finance in the banking industry.By arranging the annual reports and social responsibility reports of 16 listed commercial banks,this paper establishes the green financial development index system of the banking industry,and measures the development level of green finance of listed commercial banks in China from the two dimensions of importance and participation.Conclusion: The development level of green finance in China's banking industry is growing steadily as a whole,but the growth rate is relatively slow;the awareness of green financial development of commercial banks is gradually increasing,and the means of practicing green finance development concepts are increasing;the commercial banks are green.The financial development is uneven.The development level of green finance of Industrial Bank and Ping An Bank is relatively high.The development level of green finance of China Everbright Bank and China CITIC Bank is relatively low.Among the banks with rising green financial indexes,the number of state-controlled commercial banks is higher than that of non-state-controlled commercial banks.State-owned commercial banks are the main force leading the development of green finance in China's banking industry;commercial banks are paying more and more attention to green financial services.However,banks with lower levels of participation and lower levels of green finance development have greater deviations between the two dimensions.It may be related to the lack of talents in China,the limited types of products,the imperfect incentive mechanism,and the imperfect green financial system.The banking industry can improve and improve the development level and quality of green finance in China's commercial banks from the aspects of establishing a green financial development concept,strengthening team building,increasing product research and development,and strengthening international cooperation.