Bao Viet Securities Joint Stock Company Sustainability Profile
Bao Viet Securities Joint Stock Company, commonly referred to as BVSC, is a prominent player in Vietnam's financial services sector. Headquartered in Hanoi, the company operates extensively across major cities, providing a comprehensive range of investment solutions. Founded in 1999, BVSC has established itself as a trusted name in the securities industry, achieving significant milestones in asset management and brokerage services. The firm offers a diverse portfolio of products, including stock brokerage, investment advisory, and asset management services, distinguished by its commitment to client-centric solutions and innovative financial strategies. BVSC's strong market position is underscored by its reputation for reliability and expertise, making it a preferred choice for both individual and institutional investors in Vietnam. With a focus on sustainable growth and customer satisfaction, Bao Viet Securities continues to shape the landscape of the Vietnamese financial market.
DitchCarbon Score
How does Bao Viet Securities Joint Stock Company'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
Bao Viet Securities Joint Stock Company's score of 24 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bao Viet Securities Joint Stock Company's reported carbon emissions
In 2023, Bao Viet Securities Joint Stock Company reported carbon emissions of approximately 194,000 kg CO2e, exclusively from Scope 1 sources. This data is cascaded from its parent company, Bao Viet Holdings, reflecting the company's commitment to transparency in its environmental impact. Looking ahead, Bao Viet Securities has set ambitious near-term reduction targets, aiming for a 10% decrease in greenhouse gas emissions by 2025. This target applies to both Scope 1 and Scope 2 emissions, with initiatives focused on enhancing emission quality through improved boiler exhaust treatment systems and compliance with national emission standards (QCVN). As a current subsidiary of Bao Viet Holdings, the company is part of a broader corporate strategy that prioritises sustainability and climate responsibility. While no Scope 3 emissions data has been disclosed, the company's proactive stance on emissions reduction underscores its commitment to addressing climate change within the financial services sector in Vietnam.
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| 2023 | |
|---|---|
| Scope 1 | 194,000 |
| Scope 2 | - |
| Scope 3 | - |
How Carbon Intensive is Bao Viet Securities Joint Stock Company's Industry?
How Carbon Intensive is Bao Viet Securities Joint Stock Company's Location?
Bao Viet Securities Joint Stock Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bao Viet Securities Joint Stock Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
