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.
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.
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.
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.
In 2022, ACB reported total carbon emissions of approximately 29,052,000 kg CO2e, comprising 4,438,000 kg CO2e from Scope 1, 28,052,000 kg CO2e from Scope 2, and 800,000 kg CO2e from Scope 3 emissions. This marked a slight increase in Scope 2 emissions compared to 2021, where total emissions were about 27,721,000 kg CO2e, with Scope 1 at 3,663,000 kg CO2e and Scope 3 at 776,000 kg CO2e. In 2020, ACB's emissions were approximately 44,380,000 kg CO2e for Scope 1, 27,848,000 kg CO2e for Scope 2, and 800,000 kg CO2e for Scope 3. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. ACB's emissions intensity per employee has also been reported, with values of 2,630 kg CO2e in 2022, 2,620 kg CO2e in 2021, and 2,850 kg CO2e in 2020, indicating a focus on improving operational efficiency. While ACB has not set formal reduction targets or climate pledges, its ongoing emissions reporting reflects an awareness of climate impact and a potential commitment to sustainability.
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 |
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.