Public Profile

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.

41

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.

27

Industry Benchmark

BAO VIETINSURANCE.'s score of 41 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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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 2 emissions compared to previous years, indicating a commitment to improving energy efficiency. In 2022, the company recorded emissions of about 710,980 kg CO2e for Scope 1, 420,070 kg CO2e for Scope 2, and 41,710 kg CO2e for Scope 3. The trend shows a decrease in Scope 1 emissions from 2021, where they were approximately 120,970 kg CO2e, and a notable reduction in Scope 2 emissions from 1,066,660 kg CO2e in 2020. 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 company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact.

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2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BAO VIETINSURANCE.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BAO VIETINSURANCE. is in VN, which we do not have grid emissions data for.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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