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Public Profile
Financial Intermediation
VN
updated 7 months ago

VietinBank

Company website

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.

22

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.

27

Industry Benchmark

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.

21%

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VietinBank's reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. VietinBank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for VietinBank is in VN, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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