The State Bank of Vietnam (SBV), headquartered in Hanoi, Vietnam, serves as the central bank of the country, playing a pivotal role in the financial sector. Established in 1951, the SBV has undergone significant transformations, adapting to the evolving economic landscape and contributing to Vietnam's monetary stability and growth. Operating primarily within the banking and finance industry, the SBV oversees monetary policy, currency issuance, and banking regulation. Its core services include managing interest rates, foreign exchange reserves, and ensuring the stability of the banking system. The SBV is recognised for its commitment to fostering a robust financial environment, which has positioned it as a key player in Southeast Asia's economic development. Notable achievements include its proactive measures in financial inclusion and digital banking initiatives, reflecting its forward-thinking approach in a rapidly changing market.
How does State Bank of Vietnam'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.
Mean score of companies in the 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.
State Bank of Vietnam's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The State Bank of Vietnam currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges at this time. Without emissions data or commitments, it is challenging to assess the bank's climate impact or initiatives. In the broader context, financial institutions are increasingly recognising the importance of sustainability and climate action. Many are setting science-based targets and committing to reducing their carbon footprints in line with global climate goals. However, the State Bank of Vietnam has not yet disclosed any such initiatives or commitments. As the landscape of climate action evolves, it will be essential for the State Bank of Vietnam to consider establishing measurable targets and reporting on emissions to align with industry standards and expectations.
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.
State Bank of Vietnam is not participating in any of the initiatives that 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.