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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.
-12 vs industry average
Ho Chi Minh City Development Joint Stock Commercial Bank’s score of 25 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), headquartered in Vietnam and operating in financial intermediation services, has reported its carbon emissions for recent years.
In 2024, HDBank's total Scope 1 and Scope 2 emissions amounted to approximately 850,500 kg CO2e. This comprised about 369,350 kg CO2e from Scope 1 (mobile combustion) and approximately 481,500 kg CO2e from Scope 2 (purchased electricity).
For 2023, the bank's total Scope 1 and Scope 2 emissions were around 907,320 kg CO2e, with Scope 1 emissions at approximately 363,400 kg CO2e and Scope 2 emissions at about 543,920 kg CO2e.
In 2022, HDBank reported total Scope 1 and Scope 2 emissions of approximately 999,860 kg CO2e. This included about 361,500 kg CO2e from Scope 1 (mobile combustion) and approximately 638,360 kg CO2e from Scope 2 (purchased electricity).
HDBank's emissions data for these years does not include Scope 3 emissions, with purchased goods and services identified as a missing data point. The bank has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. Its climate reporting focuses on the disclosed scopes of Scope 1 and Scope 2 emissions.
No climate goals have been disclosed for Ho Chi Minh City Development Joint Stock Commercial Bank yet.
No scope 3 category breakdown has been disclosed yet.


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