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Services Auxiliary to Financial Intermediation
VN
updated 20 days ago

Vietcombank Securities Limited Company

Company website

Vietcombank Securities Limited Company, commonly referred to as VCBS, is a prominent player in Vietnam's financial services sector, headquartered in Hanoi. Established in 2006, VCBS has rapidly evolved to become a leading securities firm, offering a comprehensive range of services including brokerage, investment advisory, and asset management. With a strong presence in major operational regions across Vietnam, VCBS distinguishes itself through its commitment to innovation and customer-centric solutions. The company has achieved significant milestones, including recognition for its robust trading platform and exceptional client service. As a subsidiary of Vietcombank, one of Vietnam's largest banks, VCBS leverages its parent company's extensive network and resources, solidifying its market position and enhancing its reputation in the competitive landscape of securities trading.

DitchCarbon Score

How does Vietcombank Securities Limited Company'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.

22

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.

31

Industry Benchmark

Vietcombank Securities Limited Company's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Vietcombank Securities Limited Company's reported carbon emissions

Vietcombank Securities Limited Company, headquartered in Vietnam, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of the Joint Stock Commercial Bank for Foreign Trade of Vietnam, which may influence its climate-related initiatives and reporting. Despite the lack of direct emissions data, Vietcombank Securities is part of a broader corporate family that may have its own climate commitments and reduction targets. However, no specific reduction initiatives or targets have been documented for Vietcombank Securities itself. The absence of commitments such as Science-Based Targets Initiative (SBTi) or other climate pledges suggests that the company may still be in the early stages of developing its climate strategy. As a subsidiary, Vietcombank Securities may benefit from the sustainability practices and targets set by its parent company, but specific details on these initiatives have not been disclosed. The company’s future climate commitments and performance will be crucial in aligning with industry standards and addressing the pressing issue of climate change.

Industry emissions intensity

Very low
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Medium
High
Very high
Some industries are more carbon intensive than others. Vietcombank Securities Limited Company's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vietcombank Securities Limited Company is in VN, which we do not have grid emissions data for.

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.

Vietcombank Securities Limited Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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