4 ways the private sector can empower utility resilience amid severe climate risks
Utility resilience is key for businesses as climate risks grow, but adaptation finance requires innovation to move it beyond public sources.
China Construction Bank is a leading large commercial bank in China, established in 1954, listed on both the SSE and the HKEX. At the end of 2022, China Construction Bank had a market capitalization of $158.541 billion. The group is ranked second among global banks in terms of Tier 1 capital. As of 2022, China Construction Bank had total assets of RMB34.602 trillion. In 2022, it had total operating income of RMB822.5 billion, net profits of RMB323.2 billion and customer deposits of RMB25021 trillion. In 2022, China Construction Bank was ranked 24th on the Fortune 500 list.
Utility resilience is key for businesses as climate risks grow, but adaptation finance requires innovation to move it beyond public sources.
Digitalization in banking is a top trend in the industry but to advance, banks must centre customer concerns and increase international collaboration.

