VietinBank Sustainability Profile
VietinBank, officially known as Vietnam Joint Stock Commercial Bank for Industry and Trade, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1988, VietinBank has grown to become a key player in the banking sector, primarily serving the industrial and trade sectors while also offering a comprehensive range of financial services. With a strong presence across major operational regions in Vietnam, VietinBank provides core products such as retail banking, corporate banking, and investment services. Its commitment to innovation and customer-centric solutions distinguishes it in a competitive market. Notably, VietinBank has achieved significant milestones, including being one of the first banks in Vietnam to implement advanced digital banking solutions, reinforcing its position as a trusted financial partner.
DitchCarbon Score
How does VietinBank'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
VietinBank's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VietinBank's reported carbon emissions
VietinBank, headquartered in Vietnam, currently does not have specific carbon emissions data available for the most recent year. As such, there are no reported figures for their Scope 1, 2, or 3 emissions. Additionally, the bank has not established any documented reduction targets or climate pledges at this time. While there is no direct emissions data or reduction initiatives to report, it is important to note that VietinBank is part of the broader financial sector, which is increasingly focusing on sustainability and climate commitments. The bank may align with industry standards and practices in the future to address climate change and reduce its carbon footprint. As of now, VietinBank does not inherit emissions data from any parent or related organizations, indicating that their climate strategy is still in development. The absence of specific targets or commitments highlights an opportunity for the bank to enhance its environmental responsibility and contribute to global climate goals.
How Carbon Intensive is VietinBank's Industry?
How Carbon Intensive is VietinBank's Location?
VietinBank'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.
VietinBank 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.
