Joint Stock Commercial Bank for Investment and Development of Vietnam Sustainability Profile
Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1957, BIDV has grown to become one of the largest banks in the country, with a strong presence across major operational regions, including the northern, central, and southern areas of Vietnam. BIDV operates primarily in the banking and financial services industry, offering a comprehensive range of products and services such as corporate banking, retail banking, investment banking, and insurance. What sets BIDV apart is its commitment to innovation and customer-centric solutions, which have earned it a prominent market position. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner in Vietnam's economic development.
DitchCarbon Score
How does Joint Stock Commercial Bank for Investment and Development of Vietnam'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
Joint Stock Commercial Bank for Investment and Development of Vietnam's score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Joint Stock Commercial Bank for Investment and Development of Vietnam's reported carbon emissions
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Consequently, there are no documented reduction targets or climate commitments outlined by the bank. As of now, BIDV has not cascaded any emissions data from a parent or related organization, indicating that their climate strategy and performance are independently managed. The absence of emissions data and reduction initiatives suggests that BIDV may still be in the early stages of developing a comprehensive climate action plan. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific data or initiatives, BIDV's current position in this regard remains unclear.
How Carbon Intensive is Joint Stock Commercial Bank for Investment and Development of Vietnam's Industry?
How Carbon Intensive is Joint Stock Commercial Bank for Investment and Development of Vietnam's Location?
Joint Stock Commercial Bank for Investment and Development of Vietnam'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.
Joint Stock Commercial Bank for Investment and Development of Vietnam 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.
