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Public Profile
Financial Intermediation
VN
updated 5 months ago

Joint Stock Commercial Bank for Investment and Development of Vietnam

Company website

Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1957, BIDV has grown to become one of the largest banks in the country, with a strong presence across major operational regions, including the northern, central, and southern areas of Vietnam. BIDV operates primarily in the banking and financial services industry, offering a comprehensive range of products and services such as corporate banking, retail banking, investment banking, and insurance. What sets BIDV apart is its commitment to innovation and customer-centric solutions, which have earned it a prominent market position. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner in Vietnam's economic development.

DitchCarbon Score

How does Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

23

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

Joint Stock Commercial Bank for Investment and Development of Vietnam's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Joint Stock Commercial Bank for Investment and Development of Vietnam's reported carbon emissions

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Consequently, there are no documented reduction targets or climate commitments outlined by the bank. As of now, BIDV has not cascaded any emissions data from a parent or related organization, indicating that their climate strategy and performance metrics are independently managed. The absence of emissions data and reduction initiatives suggests that BIDV may still be in the early stages of developing a comprehensive climate action plan. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and emissions reduction targets to align with global sustainability goals. Without specific data or commitments, BIDV's position in this regard remains unclear.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Joint Stock Commercial Bank for Investment and Development of Vietnam'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 Joint Stock Commercial Bank for Investment and Development of Vietnam 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam 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?

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