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Public Profile
Financial Intermediation
VN
updated 2 months ago

Saigon Thuong Tin Commercial Joint Stock Bank Sustainability Profile

Company website

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.

22

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.

32

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.

19%

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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 carbon emissions data for the most recent year, nor does it report specific emissions figures in kg CO2e. As a result, there are no documented Scope 1, 2, or 3 emissions to reference. The bank has not established any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. Additionally, there are no significant reduction initiatives or achievements reported at this time. As the bank does not inherit emissions data from a parent or related organization, all information is based solely on its own reporting. In the absence of specific emissions data, it is unclear how Saigon Thuong Tin Commercial Joint Stock Bank is addressing climate change or its carbon footprint.

How Carbon Intensive is Saigon Thuong Tin Commercial Joint Stock Bank's Industry?

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, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Saigon Thuong Tin Commercial Joint Stock Bank's Location?

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. This request for Saigon Thuong Tin Commercial Joint Stock Bank is in VN, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Saigon Thuong Tin Commercial Joint Stock Bank's Emissions with Industry Peers

Citibank, N.A.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

MB Bank

VN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Dbs Bank

SG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 25 days ago

State Bank of Vietnam

VN
•
Services auxiliary to financial intermediation (67)
Updated 25 days ago

United Overseas Bank

SG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 25 days ago

Bank Of China

CN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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