PVI Sustainability Profile
PVI, or PetroVietnam Insurance Corporation, is a leading player in the insurance industry, headquartered in Vietnam. Established in 1996, PVI has grown significantly, becoming a prominent provider of insurance solutions across various sectors, including property, liability, and marine insurance. With a strong presence in major operational regions throughout Vietnam, the company has consistently demonstrated its commitment to innovation and customer service. PVI's core offerings include comprehensive insurance products tailored to meet the diverse needs of individuals and businesses. What sets PVI apart is its robust risk management capabilities and a customer-centric approach, ensuring clients receive tailored solutions. Over the years, PVI has achieved notable milestones, solidifying its market position as a trusted insurer in Vietnam, recognised for its financial strength and reliability.
DitchCarbon Score
How does PVI'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 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.
Industry Benchmark
PVI's score of 24 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PVI's reported carbon emissions
In 2022, PVI reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e. PVI has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The absence of documented reduction initiatives suggests that while PVI is actively monitoring its emissions, it has yet to establish formal commitments to reduce its carbon footprint. All emissions data is sourced directly from PVI Holdings, with no cascaded data from parent or related organizations. As PVI continues to assess its environmental impact, future commitments and initiatives may emerge to align with industry standards for climate action.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is PVI's Industry?
How Carbon Intensive is PVI's Location?
PVI'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.
PVI 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.
