BAO VIETINSURANCE.
BAO VIETINSURANCE, officially known as Bao Viet Holdings, is a leading insurance provider headquartered in Vietnam. Established in 1965, the company has grown to become a prominent player in the Vietnamese insurance market, with a strong presence across major operational regions including Hanoi, Ho Chi Minh City, and Da Nang. Specialising in a diverse range of insurance products, BAO VIETINSURANCE offers life, health, and property insurance solutions tailored to meet the needs of individuals and businesses alike. Its commitment to customer service and innovative insurance solutions has positioned it as a trusted name in the industry. Notable achievements include a robust market share and recognition for excellence in service delivery, solidifying its reputation as a pioneer in Vietnam's insurance landscape.
DitchCarbon Score
How does BAO VIETINSURANCE.'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 Insurance Services 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 VIETINSURANCE.'s score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BAO VIETINSURANCE.'s reported carbon emissions
In 2023, BAO VIETINSURANCE reported total carbon emissions of approximately 584,400 kg CO2e from Scope 1, 189,670 kg CO2e from Scope 2, and 34,190 kg CO2e from Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions compared to 2022, where they were about 710,980 kg CO2e. The company’s Scope 2 emissions also decreased from approximately 420,070 kg CO2e in 2022, indicating a commitment to reducing energy-related emissions. In 2021, BAO VIETINSURANCE's emissions were approximately 120,970 kg CO2e for Scope 1, 1,050,300 kg CO2e for Scope 2, and 12,870 kg CO2e for Scope 3. The trend shows a proactive approach towards minimising their carbon footprint over the years. Despite these reductions, BAO VIETINSURANCE has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction commitments suggests that while the company is making strides in emissions reduction, there is potential for further engagement in structured climate action frameworks. Overall, BAO VIETINSURANCE is demonstrating a positive trajectory in managing its carbon emissions, aligning with broader industry efforts to combat climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 122,180 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,066,660 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 13,560 | 00,000 | 00,000 | 00,000 |
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.
BAO VIETINSURANCE. 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.
