As a guideline for corporate loans, the Equator Principle is compiled with reference to the sustainable development policies and guidelines of the International Finance Corporation. This principle advocates that financial institutions carefully examine environmental and social issues in project financing. At present, 63 financial institutions around the world have announced the adoption of the "Equator Principle", and the amount of project financing accounts for about 85% of the total global project financing. 25% of the existing members are banks from developing countries, and Industrial Bank is the only non-Japanese bank in Asia. Lars Tarnell, CEO of IFC, said that IFC will continue to provide strategic advice and technical assistance for Industrial Bank to implement the "Equator Principles" to help it further enhance its core competitive advantage and enhance the long-term value of its institutions and customers. Li Renjie, president of the Industrial Bank, said that the cooperation with the loan of the previous energy-saving and emission-reduction project of the International Finance Corporation laid the foundation for the Industrial Bank to adopt the "Equator Principle". As of the end of September this year, Industrial Bank has invested about 2.8 billion yuan in loans for energy conservation and emission reduction projects. These financing-supported projects can save 3,354,700 tons of standard coal every year and reduce carbon dioxide emissions by 1.082. 1.8 tons. Marcelo Campos Battisti, a representative of Equator Bank from Brazil, explained to Caijing that one practical benefit that participating banks can enjoy from the Equator Principle is that cooperation with other like-minded financial institutions can help banks improve their ability to identify loan risks. "The projects invested by bank loans are profitable now, but the government may issue more next year. We believe that financial institutions must have such a vision, and shareholders of financial institutions should also pay attention to the long-term profitability of banks, rather than short-term returns. " As a voluntary industry norm of the banking industry, the "Equator Principle" has also experienced a period of development. From June 5 to 10, 2002, IFC and ABN Amro hosted a joint meeting of nine commercial banks in London, and established the framework of "Equator Principles". Initially, the financing scale of the equatorial principle application project was 50 million US dollars, but in view of the high threshold, in July 2006, member banks reduced it to100000 US dollars. At the same time, the social and environmental impact assessment is more clearly distinguished in the project classification, and the social risk and impact of the project are more emphasized; Commitment to regularly disclose information and increase the transparency of the project. This revision has generally strengthened the implementation. Regarding the "Equator Principle" applicable to the project financing scale standard of $6,543,800,000, bankers said that this is not a "hard line" for the domestic banking industry. "As long as the credit targets are reviewed according to the standards of the Equator Principles, projects with slightly lower financing scale can be included." According to the statistics of Industrial Bank, among the medium and long-term loans exceeding 654.38 billion yuan, the amount related to energy efficiency loans is about 30 billion to 40 billion yuan. Industrial Bank is defining the scope of project financing according to the relevant requirements of IFC. Lou, Director of the Supervision Department II of China Banking Regulatory Commission, and Yang Chaofei, Director of the Policy and Regulation Department of the Ministry of Environmental Protection, also expressed to the media the attitude of the China government in supporting China's financial institutions and implementing international standards for sustainable development.