Standard Chartered Bank (Vietnam) Limited Sustainability Profile
Standard Chartered Bank (Vietnam) Limited, a subsidiary of the renowned Standard Chartered Group, is headquartered in Ho Chi Minh City, Vietnam. Established in 1904, the bank has a rich history and has significantly contributed to the financial landscape of the region. With a strong presence in major cities such as Hanoi and Da Nang, it operates primarily in the banking and financial services industry. The bank offers a diverse range of core products and services, including retail banking, corporate banking, and wealth management, distinguished by its commitment to innovation and customer-centric solutions. Standard Chartered Bank (Vietnam) Limited is recognised for its robust market position, consistently achieving notable milestones in sustainable finance and digital banking initiatives, making it a trusted partner for individuals and businesses alike in Vietnam's evolving economy.
DitchCarbon Score
How does Standard Chartered Bank (Vietnam) Limited'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 Services Auxiliary to 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
Standard Chartered Bank (Vietnam) Limited's score of 82 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Standard Chartered Bank (Vietnam) Limited currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. However, the bank is part of a broader corporate family that includes Standard Chartered PLC, which has established various climate commitments and initiatives. As a current subsidiary of Standard Chartered PLC, Standard Chartered Bank (Vietnam) Limited inherits climate targets and initiatives from its parent organisation. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which aim to drive significant reductions in greenhouse gas emissions across their operations. While specific reduction targets for Standard Chartered Bank (Vietnam) Limited are not detailed, the overarching goals set by Standard Chartered PLC reflect a commitment to sustainability and climate action. The bank is aligned with global efforts to transition to a low-carbon economy, although specific metrics and achievements at the local level remain unspecified. In summary, while Standard Chartered Bank (Vietnam) Limited does not report its own emissions data, it is part of a corporate structure that prioritises climate commitments and sustainability initiatives, inheriting relevant targets from Standard Chartered PLC.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,922,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 180,014,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Standard Chartered Bank (Vietnam) Limited's Industry?
How Carbon Intensive is Standard Chartered Bank (Vietnam) Limited's Location?
Standard Chartered Bank (Vietnam) Limited's Scope 3 Categories Breakdown
Standard Chartered Bank (Vietnam) Limited's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
Standard Chartered Bank (Vietnam) Limited'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.
Standard Chartered Bank (Vietnam) Limited 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.
