State Bank of Vietnam Sustainability Profile
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.
DitchCarbon Score
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.
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
State Bank of Vietnam's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Bank of Vietnam's reported carbon emissions
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 associated with the bank. This lack of data suggests that the State Bank of Vietnam may not have established formal commitments to reduce carbon emissions or may not publicly disclose such information. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. However, without specific emissions data or reduction initiatives, it is unclear how the State Bank of Vietnam is addressing its environmental impact or contributing to climate action.
How Carbon Intensive is State Bank of Vietnam's Industry?
How Carbon Intensive is State Bank of Vietnam's Location?
State Bank of Vietnam'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.
State Bank of Vietnam 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.
