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  2. Vietnam Bank for Agriculture and Rural Development
Public Profile
Services Auxiliary to Financial Intermediation
VN
updated 5 months ago

Vietnam Bank for Agriculture and Rural Development

Company website

The Vietnam Bank for Agriculture and Rural Development, commonly known as Agribank, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1988, Agribank has played a pivotal role in supporting the agricultural sector and rural development across the nation, with a strong presence in both urban and rural regions. As a key player in the banking industry, Agribank offers a diverse range of services, including retail banking, corporate banking, and specialised financial products tailored for agricultural enterprises. Its commitment to fostering economic growth in rural areas sets it apart from competitors. With a robust market position, Agribank has achieved significant milestones, including being one of the largest banks in Vietnam by assets, reflecting its vital contribution to the country's financial landscape.

DitchCarbon Score

How does Vietnam Bank for Agriculture and Rural Development'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.

20

Industry Average

Mean score of companies in the Services Auxiliary to 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.

29

Industry Benchmark

Vietnam Bank for Agriculture and Rural Development's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Vietnam Bank for Agriculture and Rural Development's reported carbon emissions

Vietnam Bank for Agriculture and Rural Development (Agribank), headquartered in Vietnam, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank at this time. As a financial institution, Agribank's climate commitments may be influenced by broader industry trends and regulatory frameworks aimed at promoting sustainability and reducing carbon footprints. However, without specific data or targets, it is challenging to assess their current impact or future commitments in relation to carbon emissions. In summary, while Agribank has not disclosed any emissions data or reduction initiatives, the bank's role in financing agricultural and rural development could position it to contribute positively to climate action in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vietnam Bank for Agriculture and Rural Development's primary industry is Services auxiliary to financial intermediation (67), 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 Vietnam Bank for Agriculture and Rural Development 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.

Vietnam Bank for Agriculture and Rural Development 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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