Vietcombank Securities Limited Company Sustainability Profile
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.
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
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.
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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.
How Carbon Intensive is Vietcombank Securities Limited Company's Industry?
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Vietcombank Securities Limited Company'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.
Vietcombank Securities Limited Company 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.
