Vietcombank, officially known as Joint Stock Commercial Bank for Foreign Trade of Vietnam, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1963, it has grown to become a pivotal player in the banking sector, primarily serving the domestic and international markets. Vietcombank operates across various regions in Vietnam and offers a comprehensive range of services, including retail banking, corporate banking, and investment banking. Its unique approach to customer service and innovative financial products has positioned it as a market leader. With a strong emphasis on digital transformation, Vietcombank has achieved significant milestones, including being recognised as one of the top banks in Vietnam by various financial publications. Its commitment to excellence and customer satisfaction continues to drive its success in the competitive banking landscape.
How does Vietcombank'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 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.
Vietcombank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vietcombank, headquartered in Vietnam, currently does not have publicly available carbon emissions data for the most recent year. As such, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not disclosed. In terms of climate commitments, there are no documented reduction targets or initiatives outlined in their available data. This absence of specific targets suggests that Vietcombank may still be in the early stages of formalising its climate strategy or reporting practices. The bank's climate commitments and initiatives may be influenced by broader industry trends and regulatory frameworks in Vietnam, which are increasingly focusing on sustainability and carbon reduction. However, without specific data or commitments, it is challenging to assess their current position in the context of climate action.
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.
Vietcombank 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.