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Public Profile
Financial Intermediation
VN
updated 5 months ago

MB Bank

Company website

MB Bank, officially known as Military Commercial Joint Stock Bank, is a prominent financial institution headquartered in Vietnam. Established in 1994, MB Bank has grown to become a key player in the banking sector, with a strong presence across major operational regions in the country. Specialising in a diverse range of services, including retail banking, corporate banking, and investment services, MB Bank distinguishes itself through innovative financial solutions tailored to meet the needs of its customers. The bank has achieved significant milestones, such as expanding its network and enhancing digital banking capabilities, positioning itself as a leader in the Vietnamese market. With a commitment to customer satisfaction and a focus on sustainable growth, MB Bank continues to receive accolades for its service excellence and robust financial performance, solidifying its reputation as a trusted banking partner in Vietnam.

DitchCarbon Score

How does MB Bank'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

MB Bank'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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MB Bank's reported carbon emissions

MB Bank, headquartered in Vietnam, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The bank has not disclosed any emissions figures, such as Scope 1, 2, or 3 emissions, nor has it outlined any commitments to climate action or sustainability initiatives. As of now, MB Bank's climate commitments and reduction strategies remain unspecified, indicating a potential area for development in their environmental policies. The absence of emissions data and reduction targets suggests that the bank may not yet be actively engaged in formal climate initiatives or reporting frameworks, such as those established by the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In summary, MB Bank's current stance on carbon emissions and climate commitments is unclear, with no specific data or targets available to assess their environmental impact or sustainability efforts.

Industry emissions intensity

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

MB Bank 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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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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