The report outlines why China’s banking sector should accelerate the disclosure of financed emissions as the country moves toward mandatory reporting requirements.

From a policy perspective, recent developments indicate China is on a clear path toward making financed emissions (Scope 3) disclosure a regulatory obligation.

Currently, only a limited number of banks publish comprehensive voluntary data in this area. By proactively aligning with international disclosure standards, Chinese banks can position themselves ahead of regulatory change. Building robust carbon data-tracking systems will not only prepare banks for compliance but also enable them to better assess risks, support clients in their transition, and strengthen long-term business relationships.