VPBank, officially known as Vietnam Prosperity Joint Stock Commercial Bank, is a prominent financial institution headquartered in Hanoi, Vietnam. Established in 1993, VPBank has grown to become a key player in the Vietnamese banking sector, offering a wide range of services including retail banking, corporate banking, and investment banking. With a strong presence across major cities in Vietnam, VPBank is recognised for its innovative financial products and customer-centric approach. The bank's core offerings include personal loans, credit cards, and savings accounts, distinguished by competitive interest rates and tailored solutions. VPBank has achieved significant milestones, including numerous awards for service excellence and digital banking initiatives, solidifying its position as a trusted partner in the financial landscape of Vietnam.
How does VPBank'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.
VPBank's score of 4 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, VPBank reported total carbon emissions of approximately 21,428,000 kg CO2e, comprising 483,000 kg CO2e from Scope 1 and 20,755,000 kg CO2e from Scope 2. Over the years, the bank has shown fluctuations in its emissions, with a peak in 2020 at about 23,358,000 kg CO2e, driven by an increase in Scope 1 emissions to 1,071,000 kg CO2e and Scope 2 emissions of 22,117,000 kg CO2e. From 2018 to 2022, VPBank's emissions have generally decreased, with a notable reduction in Scope 2 emissions from 28,003,000 kg CO2e in 2018 to 20,755,000 kg CO2e in 2022. However, the bank has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing its carbon footprint. VPBank's commitment to addressing climate change is evident, although specific pledges or targets have not been outlined. The bank's emissions data reflects its operational impact, and ongoing efforts to manage and reduce these emissions will be crucial in aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 261,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 28,003,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
VPBank is not committed to any reduction initiatives 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.