Ho Chi Minh City Development Joint Stock Commercial Bank
Ho Chi Minh City Development Joint Stock Commercial Bank, commonly known as HDBank, is a prominent financial institution headquartered in Vietnam. Established in 1989, HDBank has grown to become a key player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding.
With a strong presence in major operational regions across Vietnam, HDBank offers a diverse range of core products, including retail banking, corporate banking, and financial services tailored to meet the needs of both individual and business clients. The bank is recognised for its innovative solutions and customer-centric approach, which have contributed to its solid market position. Notable achievements include various awards for service excellence and a commitment to sustainable development, reinforcing HDBank's reputation as a trusted financial partner in the region.
-10 vs industry average
Ho Chi Minh City Development Joint Stock Commercial Bank’s score of 27 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ho Chi Minh City Development Joint Stock Commercial Bank's reported carbon emissions
Ho Chi Minh City Development Joint Stock Commercial Bank (HD Bank), headquartered in Vietnam and operating within financial intermediation services, has reported its Scope 1 and Scope 2 emissions for recent years.
For the reporting year 2024, HD Bank's Scope 1 emissions from mobile combustion were approximately 369,350 kg CO2e, and Scope 2 emissions from purchased electricity were around 481,500 kg CO2e. The total reported emissions for this period, encompassing Scope 1 and Scope 2, amounted to approximately 291,500 kg CO2e.
In 2023, Scope 1 emissions were reported at approximately 363,400 kg CO2e, with Scope 2 emissions from purchased electricity at about 543,920 kg CO2e. The combined Scope 1 and Scope 2 emissions for 2023 were approximately 260,000 kg CO2e.
For the 2022 reporting year, HD Bank's Scope 1 emissions related to mobile combustion totalled approximately 361,500 kg CO2e, and Scope 2 emissions from purchased electricity were approximately 638,360 kg CO2e. The sum of Scope 1 and Scope 2 emissions for 2022 was approximately 177,300 kg CO2e.
HD Bank's emissions disclosures for these years did not include Scope 3 data, with missing data points noted for "purchased goods and services." The bank has not publicly disclosed specific reduction targets or commitments, such as those from the Science Based Targets initiative (SBTi). HD Bank's emissions data is not cascaded from a parent or related organisation, and its reporting is attributed to the bank itself.
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Ho Chi Minh City Development Joint Stock Commercial Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ho Chi Minh City Development Joint Stock Commercial Bank yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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