MB Bank Sustainability Profile
MB Bank, officially known as Military Commercial Joint Stock Bank, is a prominent financial institution headquartered in Vietnam. Established in 1994, MB Bank has grown to become a key player in the banking sector, with a strong presence across major operational regions in the country. Specialising in a diverse range of services, including retail banking, corporate banking, and investment services, MB Bank distinguishes itself through innovative financial solutions tailored to meet the needs of its customers. The bank has achieved significant milestones, such as expanding its network and enhancing digital banking capabilities, positioning itself as a leader in the Vietnamese market. With a commitment to customer satisfaction and a focus on sustainable growth, MB Bank continues to receive accolades for its service excellence and robust financial performance, solidifying its reputation as a trusted banking partner in Vietnam.
DitchCarbon Score
How does MB Bank'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
MB Bank's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MB Bank's reported carbon emissions
MB Bank, headquartered in Vietnam, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. The bank's climate commitments and initiatives appear to be limited, with no information available regarding Science-Based Targets Initiative (SBTi) targets or other significant reduction initiatives. Furthermore, emissions data is not cascaded from any parent or related organizations, such as Military Commercial Joint Stock Bank, which may provide insights into broader industry practices. In the context of the banking sector, it is essential for institutions like MB Bank to establish clear climate commitments and reduction targets to align with global sustainability goals. As the financial industry increasingly focuses on environmental responsibility, MB Bank's future initiatives will be crucial in addressing climate change and reducing its carbon footprint.
How Carbon Intensive is MB Bank's Industry?
How Carbon Intensive is MB Bank's Location?
MB Bank'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.
MB Bank 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.
