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 29 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ACB's reported carbon emissions
In 2022, ACB reported total carbon emissions of approximately 34,335,000 kg CO2e. This figure includes 4,438,000 kg CO2e from Scope 1 emissions, 29,052,000 kg CO2e from Scope 2 emissions, and 800,000 kg CO2e from Scope 3 emissions. The previous year, 2021, saw total emissions of about 31,685,000 kg CO2e, with Scope 1 at 3,061,000 kg CO2e, Scope 2 at 27,848,000 kg CO2e, and Scope 3 at 776,000 kg CO2e. In 2020, emissions were around 32,142,000 kg CO2e, comprising 3,663,000 kg CO2e from Scope 1, 27,721,000 kg CO2e from Scope 2, and 758,000 kg CO2e from Scope 3. Despite these figures, ACB has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from a parent organisation. The emissions data is sourced directly from ACB, with no indication of inherited figures from a corporate family relationship. The bank's commitment to addressing climate change remains unspecified, highlighting an opportunity for future initiatives in sustainability and emissions reduction.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,663,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,721,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 758,000 | 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 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.
