Sino-report
Home Sign in Research report Data Center Industry News Custom Research About us
Research report:                          Automotive  |  Electronics  |  Mechanical&Automation  |  New Energy  |  Medical  |  Advanced Materials  |  Building Products  |  Transportation  |  Communication  |  Chemical  |  Finance  |  IT Industry  |  Food  |  Home Appliances  |  Forestry  |  Agriculture  |  Textile  |  Culture Industry  |  Consumer goods  |  Others  |
 Home > Data Center > Finance > Text
Green financial products still in infancy
Author:Sino-report    Source:China Daily    Number of clicks :     Update time:2011-04-13 14:08
Sino-report Data Apr 2011

Green financial products still in infancy

The idea of "going green" is becoming a prominent strategy in the world of business. But green financial products are still rare, especially in China.

Green mortgages, for owners of energy efficient homes at lower interest rates, are considered green financial products and are already in place, Jennifer D. Berlin of LL Global said at the 19th Annual Strategic Issues conference held April 7-8 in Beijing.

Green car loans and green insurance, which offer premium rate discounts for energy efficient buildings or energy efficient driving, are also some forms of green financial products, Berlin added.

However, development of these products is still in its infancy.

C.F. Yam is regional general manager of Insurance CommBank Management Consulting (Asia) Company Limited. He told chinadaily.com.cn that, as far as he knew, there have not been such green financial products within the Commonwealth Bank Group. But, he said, his company has other urgent plans to be executed.

And Yam's not alone.

Zhang Tao, deputy general manager of SDC in Sino Life Insurance Co Ltd, told chinadaily.com.cn that there is urgency within his company, as well. While Zhang's company currently has no green financial products, he said it may have some in the future.

"Currently," he said, "our top priority is to survive."

Berlin said that green financial products and services are innovative. She told chinadaily.com.cn that they have not been high on the agenda for most companies. Rather, they are part of a niche market.

The diffusion of these innovations into standard business operation may require more than a push from the financial sector. Berlin said green financial products and services require effort from other areas, such as government.

However, an increasing number of companies worldwide, especially in Asia, are stressing the importance of a green image, and some have jumped on board the "going green" bandwagon, , according to surveys conducted by LL Global Inc.

Of the Asian companies surveyed, 48 percent considered a green image to be "very important" in 2011. That's up from 14 percent in 2008

www.sino-report.com

Of the companies in Asia surveyed, 13 percent said they had green products in 2011 – an increase of 8 percentage points since 2008.

A total of 98 companies in Asia and Latin America participated in the 2008 survey and 76 companies in the 2011 survey.

 

 

Order Online
Contact Us
Tel: 400-988-9999
Fax:010-82889999
Phone :+8615313587056
Email:Sale@sino-report.com
Email:Cousult@sino-report.com
Online Consultation
MSN :Sino-report@hotmail.com
MSN :Sino-report@foxmail.com
Skype: Please Please
Latest Reports
  More>>
[Finance] Purchasing Managers Index for June 2018
[Finance] Stable Performance for the National Economy in April
[Finance] Industrial Profits Increased in the First Four Months of 2018
[Finance] A look at Q1 economic data
[Finance] Investment in Fixed Assets for the First Four Months of 2018
Popular reports
  More>>
Industry Data
  More>>
China opens market to Kenya's agricultural products
China's publishing industry booming over past 40 years
Industrial Production Operation in July 2018
Total Retail Sales of Consumer Goods in July 2018
National Real Estate Development and Sales in the First Seven Months of 2018
NSDP/SDDS for the People's Republic of China
Market Price of Important Means of Production in Circulation, July 01-10, 2018
In the first five months of 2018, the profits made by industrial enterprises above the designated siz
Purchasing Managers Index for June 2018
Market Price of Important Means of Production in Circulation, June 21-30, 2018
In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Based on Jan - Apr shipment record, Kia Motors Remain on Top 10 in Global PHEV Power Brands Ranking
Consumer Prices for May 2018
Producer Prices for the Industrial Sector for May 2018
Industrial Production Operation in May 2018
Investment in Fixed Assets for the First Five Months of 2018
National Real Estate Development and Sales in the First Five months of 2018
Producer Prices for the Industrial Sector for April 2018
Stable Performance for the National Economy in April
Total Retail Sales of Consumer Goods in April 2018
Industrial Production Operation in April 2018
National Real Estate Development and Sales in the First four months of 2018
Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in April 2018
Industrial Profits Increased in the First Four Months of 2018
Industry News
  More>>
Iron and steel sector gains strength
China’s wines take center stage
Machinery manufacturing fair boosts Sino-Russian ties
Medical device manufacturers display their latest technology
Soybean farmers store crops amid hopes of higher prices
Tourism industry opening on agenda
Tech competition eases startups' access to China market
China's excavator sales grow 44.9% in October
China's solid waste imports continue to slump on tightened ban
Delivery orders jump 25.12% to 1.35b on Singles Day
Related Links

Sitemap       |       Join Us      |       Customer Service       |       About Sino-report
Copyright © 2011-2025 Sino-report Consult Inc.
Sino-report@hotmail.com    Postmaster@sino-report.com
No.18 Zhichun Road, Haidian District. Beijing 100089.China
Information and data contained in this site is for reference only pursuant to operate your own risk
Sino-report