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Public Profile
Financial Intermediation
VN
updated 15 days ago

ACB

Company website

ACB, or Asia Commercial Bank, is a prominent financial institution headquartered in Vietnam, with a strong presence across major operational regions in Southeast Asia. Founded in 1993, ACB has established itself as a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, and investment services. The bank is renowned for its innovative financial products, such as competitive loan offerings and tailored investment solutions, which cater to both individual and business clients. ACB's commitment to customer service and technological advancement has positioned it as a trusted partner in the financial sector. With numerous accolades and a robust market position, ACB continues to drive growth and enhance its service portfolio, solidifying its reputation as a leader in Vietnam's banking landscape.

DitchCarbon Score

How does ACB'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.

29

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

ACB's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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ACB's reported carbon emissions

In 2022, ACB reported total carbon emissions of approximately 34,335,000 kg CO2e. This figure includes 4,483,000 kg CO2e from Scope 1 emissions, 29,052,000 kg CO2e from Scope 2 emissions, and 800,000 kg CO2e from Scope 3 emissions. The emissions data reflects a significant operational footprint, with the majority stemming from indirect emissions associated with energy consumption. Despite the substantial emissions, ACB has not publicly disclosed specific reduction targets or initiatives, nor does it appear to have cascaded any targets from parent or related organizations. The absence of documented climate pledges or SBTi targets indicates a potential area for improvement in their climate strategy. ACB's emissions intensity per employee was reported at approximately 2,630 kg CO2e in 2022, showing a slight decrease from 2,850 kg CO2e in 2020. This trend suggests a gradual improvement in operational efficiency, although further commitments and actions are necessary to align with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2022
Scope 1
4,483,000
Scope 2
29,052,000
Scope 3
800,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. ACB'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 ACB 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.

ACB 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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HSC

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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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