Vietnam Bank for Agriculture and Rural Development Sustainability Profile
The Vietnam Bank for Agriculture and Rural Development, commonly known as Agribank, is a leading financial institution headquartered in Hanoi, Vietnam. Established in 1988, Agribank has played a pivotal role in supporting the agricultural sector and rural development across the nation, with a strong presence in both urban and rural regions. As a key player in the banking industry, Agribank offers a diverse range of services, including retail banking, corporate banking, and specialised financial products tailored for agricultural enterprises. Its commitment to fostering economic growth in rural areas sets it apart from competitors. With a robust market position, Agribank has achieved significant milestones, including being one of the largest banks in Vietnam by assets, reflecting its vital contribution to the country's financial landscape.
DitchCarbon Score
How does Vietnam Bank for Agriculture and Rural Development'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
Vietnam Bank for Agriculture and Rural Development's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vietnam Bank for Agriculture and Rural Development's reported carbon emissions
Vietnam Bank for Agriculture and Rural Development (Agribank) currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank at this time. As a financial institution, Agribank's climate commitments may align with broader industry standards and practices, but specific initiatives or targets have not been disclosed. Without emissions data or reduction initiatives, it is challenging to assess their environmental impact or commitment to sustainability. In the context of the banking sector, many institutions are increasingly focusing on integrating climate risk into their operations and financing sustainable projects. However, without specific information from Agribank, it remains unclear how they are addressing these critical issues.
How Carbon Intensive is Vietnam Bank for Agriculture and Rural Development's Industry?
How Carbon Intensive is Vietnam Bank for Agriculture and Rural Development's Location?
Vietnam Bank for Agriculture and Rural Development'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.
Vietnam Bank for Agriculture and Rural Development 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.
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