Hashtag
The Times Real Estate

HDBank, the 1st Vietnamese lender to disclose Sustainability Report and net-zero target

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 6 June 2024 - On May 23, 2024, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) released its Sustainability Report, becoming the first Vietnamese bank to publish this report in 2024 and commit to a net-zero emission target.



The 195-page report, “Green Thinking, Sustainable Growth,” prepared in accordance with Global Reporting Initiative standards, showcases HDBank’s environmental, social, and governance (ESG) strategies, objectives, and achievements. — Photo courtesy of HDBank
The 195-page report, “Green Thinking, Sustainable Growth,” prepared in accordance with Global Reporting Initiative standards, showcases HDBank’s environmental, social, and governance (ESG) strategies, objectives, and achievements. — Photo courtesy of HDBank

The Sustainability Report, titled "Green Thinking, Sustainable Growth" was prepared following Global Reporting Initiative standards, provides comprehensive insights into the bank's environmental, social, and governance (ESG) strategies.

It outlines its objectives, strategic vision, implementation plans, and achievements, showcasing the bank's dedication to sustainable practices.

Mr. Kim Byoungho, chairman of HDBank's board of directors and its ESG committee, said: "At HDBank, we understand that our actions today shape a better tomorrow. We embrace our responsibility to create value for society, safeguard the environment, foster a green economy, uphold human rights, and build a sustainable future."

Aligned with the Global Sustainability Standards Board and United Nations Sustainable Development Goals, the report emphasizes HDBank's commitment to global sustainability benchmarks.

The bank aims to be a Net Zero Bank, promoting green finance, green transformation, and sustainable finance while prioritizing the welfare of the community, society, and employees.

HDBank's commitment to financial inclusion is evident in its policies and programs that offer a wide range of customers access to its financial services, including small and medium-sized enterprises, workers, farmers, small businesses, and low-income individuals.

The bank's modern digital banking platform ensures effective reach and service to these customers. According to the report, 94% of retail transactions were executed using digital platforms and the number of new to bank customers in 2023 exceeded those from traditional channels.

HDBank's dedication to social responsibility is further exemplified by its employee-driven social security and welfare programs, which have earned the bank recognition as a "Best Place to Work in Asia" for six consecutive years.

The bank's efforts to integrate ESG considerations into its risk management framework demonstrate its commitment to sustainable growth and responsible banking practices.
Hashtag: #HDBank

The issuer is solely responsible for the content of this announcement.

Business News

Learn Smart Education launch AI System to Enhance Teaching and Learning Efficiency

Elite, Regular, and Foundation Programs Available - Top Tutors Help Students Reach Their Full Potential HONG KONG SAR - Media OutReach Newswire - 22 January 2025 - The Learn Smart Education (LSE) tea...

Hashtag.net.au - avatar Hashtag.net.au

Bigo Live's Global Community Marks a Year of Influence at Annual Gala

With over 1,000 guests in attendance, this year’s gala underscores the company’s commitment to promoting creativity and innovation, providing content creators and viewers with a diverse and enriching ...

Hashtag.net.au - avatar Hashtag.net.au

Cold Chain Refrigeration Expands to Include CO2-Based Refrigeration Systems

SINGAPORE - Media OutReach Newswire - 22 January 2025 - Cold Chain Refrigeration Pte Ltd, a prominent company in the cold room refrigeration industry, is excited to announce its expansion into advan...

Hashtag.net.au - avatar Hashtag.net.au

Mr Kool Introduces Dedicated Car Aircon Solution For EVs & Hybrids

SINGAPORE - Media OutReach Newswire - 22 January 2025 - Mr Kool, a premier destination for car air conditioner service, is proud to introduce the K11HV+ AC Flushing Station, a cutting-edge solution...

Hashtag.net.au - avatar Hashtag.net.au

World-Renowned Pianist Lang Lang Debuts at Galaxy International Convention Center with the Macao Orchestra for a Night of Romantic Classics

MACAU SAR - Media OutReach Newswire - 21 January 2025 - On Sunday, January 19, the internationally acclaimed piano virtuoso Lang Lang, alongside the Macao Orchestra, captivated audiences at the Galax...

Hashtag.net.au - avatar Hashtag.net.au

Galaxy Macau Welcomes the Spring Festival with the Boom and Bloom Exhibition

An Exclusive Collaboration of Iconic Artistic IPs by Talented Artists from the Greater Bay Area, Celebrating Chinese Culture with Prosperity and Joy MACAU SAR - Media OutReach Newswire - 20 January 2...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

How Technology Is Improving Community Support Services?

Hashtag.net.au - avatar Hashtag.net.au

(Source) Technology is literally a part of our everyday lives. Everything we do is highly dependent on technology in this day and age. The interesting part is that not just the younger generations ...

Understanding AED Defibrillator: Meaning, Uses, and Importance

Hashtag.net.au - avatar Hashtag.net.au

An AED defibrillator is a portable device used to treat people who are experiencing sudden cardiac arrest (SCA). The AED defibrillator meaning refers to a machine that can assess a person’s heart rh...

How to Maintain Your Oral Health During Stressful Times

Hashtag.net.au - avatar Hashtag.net.au

Life can be a bit like an Australian outback road—full of twists, turns, and the occasional bump. During these hectic, stressful times, it’s all too easy to let your oral health fall by the wayside...