Techcombank, officially known as Vietnam Technological and Commercial Joint Stock Bank, is a prominent financial institution headquartered in Hanoi, Vietnam. Established in 1993, Techcombank has grown to become a key player in the Vietnamese banking sector, offering a wide range of services including retail banking, corporate banking, and investment banking. With a strong presence across major cities in Vietnam, Techcombank is recognised for its innovative financial products and customer-centric approach. The bank's core offerings include personal loans, credit cards, and digital banking solutions, which are designed to meet the evolving needs of its diverse clientele. Techcombank's commitment to technology and service excellence has positioned it as one of the leading banks in the country, earning accolades for its robust financial performance and customer satisfaction.
How does Techcombank'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.
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.
Techcombank's score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Techcombank, headquartered in Vietnam, currently does not have publicly available data on its carbon emissions, as there are no specific figures reported for recent years. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or similar climate pledges. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. Techcombank may be engaging in internal initiatives to address climate change, but specific details on their strategies or commitments are not provided. As the financial sector evolves, it is likely that Techcombank will align its operations with industry standards for carbon reduction and sustainability, reflecting a growing trend among banks to enhance their environmental responsibility.
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.
Techcombank 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.