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 7 is higher than 66% 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 they were about 27,721,000 kg CO2e, while Scope 1 emissions decreased from 3,663,000 kg CO2e in 2021. In 2021, ACB's total emissions were approximately 27,721,000 kg CO2e, with Scope 1 emissions at 3,663,000 kg CO2e and Scope 3 emissions at 776,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, indicating a potential area for improvement in their climate commitments. Overall, ACB's emissions data reflects a commitment to transparency, although the absence of defined reduction targets suggests that further action may be necessary to align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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.