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 75% 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 43,800,000 kg CO2e for Scope 1 and 29,052,000 kg CO2e for Scope 2, alongside 800,000 kg CO2e for Scope 3 emissions. This data reflects a slight increase in Scope 2 emissions compared to 2021, where they were about 27,721,000 kg CO2e, while Scope 1 emissions decreased from approximately 3,663,000 kg CO2e in 2021. The Scope 3 emissions remained consistent at about 800,000 kg CO2e across these years. Despite these figures, ACB has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests that while ACB is aware of its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. The company continues to monitor its emissions across all scopes, indicating a commitment to transparency in its environmental impact.
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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 |
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.
