SustainCase newsletter – wk14, April 2025
EU Council Approves Delay to CSRD and CSDDD Sustainability Reporting Regulations
EU member states in the European Council announced that they have approved the European Commission’s ‘stop-the-clock’ directive, delaying the implementation of key sustainability reporting and due diligence regulations, including the CSRD and CSDDD.
ING: The First Global Bank to Have SBTi-Approved Targets
Global banking and financial services firm ING has taken a big leap forward in its sustainability journey, as its emission reduction targets receive the approval of the Science Based Targets initiative (SBTi).
Case study: How Bank of Beijing works with its clients and customers to encourage sustainable practices
April 1, 2025 – Founded in 1996 as a city commercial bank, the Bank of Beijing has consistently ranked among the top 100 banks in the global banking sector for nine years. The Bank has established over 640 business units in more than 10 major cities, including Beijing, Tianjin, Shanghai, Xi’an, Shenzhen, and Hangzhou, as well as in Hong Kong SAR and the Netherlands. Additionally, it has developed a network of 757 overseas correspondent banks across 86 countries and regions. Bank of Beijing is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.
Case study: How Krungsri works with its clients and customers to encourage sustainable practices
March 27, 2025 – Bank of Ayudhya Public Company Limited (Krungsri) was listed on the Stock Exchange of Thailand on September 26, 1977, and is currently the fifth largest commercial bank in Thailand based on assets, loans, and deposits. As of the end of 2023, Krungsri operates 29 subsidiaries, joint ventures, and affiliates, along with 591 branches located in diverse areas across Thailand and Lao PDR. The bank employs a total of 52,146 full-time equivalent (FTE) staff. Krungsri is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.