Lan Cui

Lan Cui

May 06, 2026

Green accounting, Cold Region Commercial Bank, Environmental costs, Closed-loop control, Dynamic measurement model. 

Against the backdrop of the in-depth implementation of China’s "Dual Carbon" goals and green finance policies, environmental cost management has emerged as a core issue for commercial banks pursuing sustainable operations. Constrained by unique climatic and geographical conditions, cold-region commercial banks confront distinctive challenges, such as climate risk premiums and seasonal stagnation of carbon sink functions, rendering existing universal management systems inadequately adaptable. Based on three core theories-green accounting, life cycle theory, and risk management theory-this study defines the core scope and distinctive items of environmental costs for cold-region commercial banks, constructs a closed-loop management system of "identification-measurement-control," and develops a dynamic measurement model embedded with cold-region-specific parameters (e.g., winter stagnation coefficient and permafrost degradation factor). Taking Harbin Bank as a case study, the effectiveness of the system is verified through a combination of quantitative and qualitative methods. Existing problems are analyzed, and optimization strategies are proposed from three dimensions: policy coordination, technological empowerment, and product innovation. This research provides a replicable pathway for environmental cost management of cold-region commercial banks and enriches the achievements in regional green finance research. 

© 2026, the Authors. Published by ISCCAC

This is an open access article distributed under the CC BY-NC license