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Public Profile
Financial Intermediation
VN
updated 14 days ago

Vietcombank

Company website

Vietcombank, officially known as Joint Stock Commercial Bank for Foreign Trade of Vietnam, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1963, it has grown to become a pivotal player in the banking sector, primarily serving the domestic and international markets. Vietcombank operates across various regions in Vietnam and offers a comprehensive range of services, including retail banking, corporate banking, and investment banking. Its unique approach to customer service and innovative financial products has positioned it as a market leader. With a strong emphasis on digital transformation, Vietcombank has achieved significant milestones, including being recognised as one of the top banks in Vietnam by various financial publications. Its commitment to excellence and customer satisfaction continues to drive its success in the competitive banking landscape.

DitchCarbon Score

How does Vietcombank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

22

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Vietcombank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Vietcombank's reported carbon emissions

Vietcombank, headquartered in Vietnam, currently does not have publicly available carbon emissions data for the most recent year. As such, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not disclosed. In terms of climate commitments, there are no documented reduction targets or initiatives outlined in their available data. This indicates a potential area for development in their sustainability strategy. Vietcombank's climate-related initiatives may be influenced by broader industry trends and commitments, particularly as financial institutions increasingly focus on environmental sustainability. However, without specific data or targets, it is challenging to assess their current standing in relation to climate action. Overall, while Vietcombank has not yet published detailed emissions data or reduction commitments, the bank may benefit from establishing clear climate goals to align with global sustainability efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vietcombank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vietcombank is in VN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Vietcombank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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