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 carbon emissions data for the most recent year. As a result, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not provided. Additionally, there are no documented reduction targets or climate pledges from the bank, indicating a lack of formal commitments to reduce greenhouse gas emissions at this time. The absence of emissions data and reduction initiatives suggests that Saigon Thuong Tin Commercial Joint Stock Bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to address climate change. However, without specific commitments or data, it is unclear how Saigon Thuong Tin Commercial Joint Stock Bank aligns with these industry trends.
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.
