Saigon Thuong Tin Commercial Joint Stock Bank Sustainability Profile
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.
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
Saigon Thuong Tin Commercial Joint Stock 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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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 emissions data for the most recent year. As a result, specific figures regarding their carbon emissions, including Scope 1, 2, and 3 totals, are not provided. The bank has not outlined any formal reduction targets or commitments related to climate initiatives, nor are there any climate pledges documented. This absence of data suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As of now, Saigon Thuong Tin Commercial Joint Stock Bank does not inherit emissions data from any parent or related organizations, indicating that their climate impact assessment is independent. The bank's future climate commitments and potential reduction initiatives remain to be seen as they progress in their sustainability efforts.
How Carbon Intensive is Saigon Thuong Tin Commercial Joint Stock Bank's Industry?
How Carbon Intensive is Saigon Thuong Tin Commercial Joint Stock Bank's Location?
Saigon Thuong Tin Commercial Joint Stock 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.
Saigon Thuong Tin Commercial Joint Stock 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.
Standard Chartered Bank (Vietnam) Limited
Joint Stock Commercial Bank for Investment and Development of Vietnam
VietinBank
Citibank, N.A.
United Overseas Bank
Techcombank
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