China Industrial Bank Co has been recognised for its record on ‘green’ banking, with an award judged by eight Chinese NGOs. The...bank was praised by the judges of the Green Banking Innovation Award for integrating social responsibility and sustainable development into its strategy. The NGOs also noted that the bank has recently announced it will adopt the Equator Principles...It has introduced environmental criteria for business loans, and withdraws money if it discovers companies flout these conditions, the NGOs said.