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.
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.
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.
VietinBank's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
VietinBank, headquartered in Vietnam, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The bank has not established documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As of now, VietinBank's climate commitments and initiatives remain unspecified, indicating a potential area for development in their sustainability strategy. The absence of emissions data and reduction targets suggests that the bank may be in the early stages of addressing its carbon footprint and climate impact. In the context of the banking industry, it is increasingly important for financial institutions like VietinBank to adopt transparent climate strategies and set measurable targets to align with global sustainability goals.
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.
VietinBank 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.