Public Profile

Saigon Thuong Tin Commercial Joint Stock Bank

Saigon Thuong Tin Commercial Joint Stock Bank, commonly known as Sacombank, is a prominent financial institution headquartered in Ho Chi Minh City, Vietnam. Established in 1991, Sacombank has grown to become a key player in the Vietnamese banking sector, offering a wide range of services including retail banking, corporate banking, and investment banking. With a strong presence across major operational regions in Vietnam, Sacombank is recognised for its innovative financial products and customer-centric approach. The bank's core offerings, such as personal loans, savings accounts, and credit cards, are designed to meet the diverse needs of its clientele. Sacombank's commitment to excellence has earned it numerous accolades, solidifying its position as a trusted partner in the financial landscape of Vietnam.

DitchCarbon Score

How does Saigon Thuong Tin Commercial Joint Stock 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.

20

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.

3

Industry Benchmark

Saigon Thuong Tin Commercial Joint Stock Bank's score of 20 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

Saigon Thuong Tin Commercial Joint Stock Bank's reported carbon emissions

Saigon Thuong Tin Commercial Joint Stock Bank, headquartered in Vietnam, currently does not have available data on carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined by the bank at this time. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting ambitious targets to reduce their carbon footprints. However, without specific data or commitments from Saigon Thuong Tin Commercial Joint Stock Bank, it is unclear how they align with these industry trends.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Saigon Thuong Tin Commercial Joint Stock Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Saigon Thuong Tin Commercial Joint Stock Bank is headquartered in VN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Saigon Thuong Tin Commercial Joint Stock Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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