ACB
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.
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.
Industry Benchmark
ACB's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ACB's reported carbon emissions
In 2022, ACB reported total carbon emissions of approximately 43,800,000 kg CO2e from Scope 1 and 29,052,000 kg CO2e from Scope 2, alongside 800,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 2 emissions compared to 2021, where they were about 27,721,000 kg CO2e, while Scope 1 emissions decreased from approximately 3,663,000 kg CO2e in 2021 to 4,438,000 kg CO2e in 2022. The Scope 3 emissions remained consistent at around 800,000 kg CO2e across these years. Despite these figures, ACB has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests that ACB may still be in the early stages of formalising its climate commitments. The company has reported emissions intensity metrics, indicating a focus on monitoring their greenhouse gas emissions relative to employee count, which stood at approximately 2,630 kg CO2e per employee in 2022. Overall, while ACB has made strides in tracking its emissions, further commitments and reduction strategies will be essential for aligning with global climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,438,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,848,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 800,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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 committed to any reduction initiatives 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.
