Techcombank
Techcombank, officially known as Vietnam Technological and Commercial Joint Stock Bank, is a prominent financial institution headquartered in Hanoi, Vietnam. Established in 1993, Techcombank 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 cities in Vietnam, Techcombank is recognised for its innovative financial products and customer-centric approach. The bank's core offerings include personal loans, credit cards, and digital banking solutions, which are designed to meet the evolving needs of its diverse clientele. Techcombank's commitment to technology and service excellence has positioned it as one of the leading banks in the country, earning accolades for its robust financial performance and customer satisfaction.
DitchCarbon Score
How does Techcombank'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
Techcombank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Techcombank's reported carbon emissions
In 2024, Techcombank, headquartered in Vietnam, reported total carbon emissions of approximately 1,640 kg CO2e, comprising 100 kg CO2e from Scope 1 and 1,540 kg CO2e from Scope 2 emissions. Notably, the bank has not disclosed any Scope 3 emissions data. Despite the absence of specific reduction targets or initiatives, Techcombank is committed to sustainability and has outlined its emissions in its sustainability report. The bank's emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported. Techcombank's focus on reducing its carbon footprint aligns with broader industry trends towards enhanced climate accountability and transparency. As the financial sector increasingly prioritises sustainability, Techcombank's emissions reporting reflects its commitment to environmental stewardship.
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| 2024 | |
|---|---|
| Scope 1 | 100 |
| Scope 2 | 1,540 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Techcombank 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.
