Bank of Shanghai Executive Says Banks Must Also Achieve Carbon Neutrality
At the Lujiazui Financial Salon on September 5, Ye Zhengxiang, general manager of the corporate banking department at Bank of Shanghai, said that banks themselves are also carbon emitters and must pursue carbon neutrality in their own operations. His remarks highlight the sector's dual role in financing the green transition while managing its own environmental footprint.
Speaking at the Lujiazui Financial Salon on September 5, Ye Zhengxiang, general manager of the corporate banking department at Bank of Shanghai, noted that banks themselves are also significant sources of carbon emissions. He emphasized that financial institutions must therefore work toward achieving carbon neutrality in their own operations, in addition to supporting clients' transition to a low-carbon economy.
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