On November 28, 2023, a series of activities of "The Third Anniversary of the Promulgation of the Green Finance Regulations of the Shenzhen Special Economic Zone and the 2023 Green Finance Forum" hosted by the Shenzhen Local Financial Supervision and Administration Bureau and undertaken by the Shenzhen Green Finance Association were held in Shenzhen. The event focused on the development achievements of Shenzhen's green finance and sustainable finance, and commended the excellent cases of high-quality development of green finance in 2023Menglang Sustainable Digital Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "Menglang") won the Green Financial Service Innovation Award
Green finance is an important driving force for high-quality economic and social development, and it is also a long-term driving force for the transformation and development of the financial industry. In recent years, the local government has continuously improved and refined the green finance policy system and work deployment, and clarified the ideas for the green development of the financial industry. The Regulations on Green Finance in the Shenzhen Special Economic Zone (hereinafter referred to as the "Green Finance Regulations") is the first attempt to legalize the development of green finance in China, taking the main responsibilities of financial institutions and green enterprises as the starting point, promoting the construction of a financial ecological environment that is more conducive to the green development of the real economy, and effectively guiding financial institutions and entities to continue to establish and improve the green governance system, deepen green finance innovation, and form a number of experience cases that can be demonstrated and promoted.
In order to commend the innovative measures and typical experiences that have achieved remarkable results in implementing the Green Finance Regulations and promoting the development of green finance in Shenzhen, the Shenzhen Green Finance Association organized the "2023 Selection of Excellent Cases of High-quality Development of Green Finance". The "Green Finance Governance Model Award, Sustainable Information Disclosure Best Practice Award, Green Financial Product Innovation Award, Green Financial Service Innovation Award and Corporate Green Financing Best Action Award" were selected. Menglang won the Green Financial Service Innovation Award for its outstanding performance in the construction of green financial system, green financial products and services, and green development innovation. Also receiving the award were Tencent Financial Research Institute, Shenzhen Carbon Emission Exchange, Shenzhen Institute of Standards and Technology, and other institutions.
Under the witness of Wang Xindong, member of the Party Group and Deputy Director of the Shenzhen Local Financial Supervision and Administration Bureau, Chen Feihong, member of the Party Committee and Deputy Director of the Shenzhen Supervision Bureau of the State Financial Supervision and Administration and other leaders, Zhang Hua, President of the Shenzhen Green Finance Association, and Ba Chunsheng, Vice President of the Shenzhen Green Finance Association, presented medals to Menglang at the meeting.
Seventh from right: Zhang Jinxiu, CFO of Menglang, took the stage to receive the award as a representative of Menglang.
Source: The third anniversary of the promulgation of the "Shenzhen Special Economic Zone Green Finance Regulations" and the Green Finance 2023 Annual Forum.
Through financial innovation and financial product development, we can build a green consumption system by guiding green demand and form a synergy with the supply side, so as to achieve the dual goals of sustainable economic development and environmental protection. Menglang focuses on the quantitative evaluation of sustainable development value, and opens up the implementation path of green finance from top-level design, standard specifications, tool application to final scenario integration.
Decision-making consulting
Menglang forMore than 10**The department provides decision-making consulting services and undertakes projects on topics such as green finance, transition finance, climate investment and financing, sustainable finance, and impact investmentMore than 15 itemsand hosted large-scale forums on green finance and sustainable financeMore than 10 timesto provide capacity-building training for regulatory authoritiesMore than 20 games, comprehensively grasp the global policy trends and development trends in the field of green and sustainable development, deeply participate in the construction and implementation of local green finance systems, and effectively promote the accelerated development of local green finance.
Standard build
The standard system is an important guarantee for the standardized and orderly development of green finance business and the sustainable development of green finance business. Menglang participated in the compilation of 8 "first" standards in the field of green finance in China, including the first technical specification for the identification of green bills in China, the Guidelines for the Identification of Green Bills (T SZS 4048-2022), the first ESG evaluation standard for energy enterprises in China, the ESG Evaluation Standard for Energy Enterprises (T AIAC 005-2023) and the information disclosure standard ESG Information Disclosure Standard for Energy Enterprises (T AIAC 006-2023), the Technical Specification for Enterprise Carbon Rating (group standard), which focuses on the comprehensive evaluation of corporate carbon performance, and the Guidelines for the Implementation of Carbon Neutrality for Financial Institutions (Landmark) and Requirements for Information Disclosure Indicators of Environmental Benefits for Investment and Financing of Financial Institutions (Landmark) comprehensively support the construction of a green finance standard system in terms of green identification and evaluation, information disclosure, etc.
Smart tool development
Menglang has independently developed a green finance comprehensive service platform with "digital technology + quantitative assessment" as its core competence"Menglang Carbon Financing" covers three major functions: carbon rating, carbon accounting, and green identification。Among them,"Green Identification".It is the first tool in the country to identify the green business activities of enterprises relying on the public information of enterprises, and it is also the first tool in the country to identify green business activities of enterprises in the whole industrial and commercial database, covering 50 million + surviving enterprises in the whole industrial and commercial database, so as to achieve a minimum of 03 seconds intelligent recognition, improve the recognition efficiency on the basis of ensuring accuracy;"Carbon accounting".Through multi-dimensional and comprehensive carbon emission and environmental benefit accounting and analysis, it helps banks, enterprises, and green projects to disclose environmental information and ESG reporting"Carbon Rating".The multi-dimensional and fully quantitative comprehensive evaluation method is used to help enterprises judge the level of their carbon performance in their peers at a deep and multi-dimensional level, and provide real data support for the green capital investment of financial institutions, the support of industrial policies and the green and low-carbon transformation of enterprises. At present, Menglang Carbon Financing has been widely used in green finance business scenarios such as green credit, green bills, environmental information disclosure, and product innovation, helping to achieve business implementation in many scenarios such as green customer acquisition, green credit, green risk control, and green compliance.
In order to promote green finance innovation and products, to achieve a win-win situation of economic and social benefits. Menglang Carbon Financing was unveiled in Times Square in New York, USA, standing at the crossroads of the world's trend, actively promoting the influence of green financial products, and injecting momentum into the realization of green and high-quality development.
We will continue to explore new paths for the innovation and development of green finance, provide powerful scientific and technological empowerment services for green transformation, and contribute to the realization of the "double carbon" goal.