{"id":3722,"date":"2024-06-06T11:15:00","date_gmt":"2024-06-06T04:15:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=3722"},"modified":"2024-06-06T11:15:00","modified_gmt":"2024-06-06T04:15:00","slug":"hdbank-the-1st-vietnamese-lender-to-disclose-sustainability-report-and-net-zero-target","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=3722","title":{"rendered":"HDBank, the 1st Vietnamese lender to disclose Sustainability Report and net-zero target"},"content":{"rendered":"

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire<\/a> – 6 June 2024 – On May 23, 2024, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank<\/a>, 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. <\/p>\n

The 195-page report, \u201cGreen Thinking, Sustainable Growth,\u201d prepared in accordance with Global Reporting Initiative standards, showcases HDBank\u2019s environmental, social, and governance (ESG) strategies, objectives, and achievements. \u2014 Photo courtesy of HDBank <\/div>\n

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. <\/p>\n

It outlines its objectives, strategic vision, implementation plans, and achievements, showcasing the bank’s dedication to sustainable practices. <\/p>\n

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.” <\/p>\n

Aligned with the Global Sustainability Standards Board and United Nations Sustainable Development Goals, the report emphasizes HDBank’s commitment to global sustainability benchmarks. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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<\/p>\n

The issuer is solely responsible for the content of this announcement.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire<\/a> – 6 June 2024 – On May 23, 2024, the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank<\/a>, 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. <\/p>\n

The 195-page report, \u201cGreen Thinking, Sustainable Growth,\u201d prepared in accordance with Global Reporting Initiative standards, showcases HDBank\u2019s environmental, social, and governance (ESG) strategies, objectives, and achievements. \u2014 Photo courtesy of HDBank <\/div>\n

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. <\/p>\n

It outlines its objectives, strategic vision, implementation plans, and achievements, showcasing the bank’s dedication to sustainable practices. <\/p>\n

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.” <\/p>\n

Aligned with the Global Sustainability Standards Board and United Nations Sustainable Development Goals, the report emphasizes HDBank’s commitment to global sustainability benchmarks. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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. <\/p>\n

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<\/p>\n

The issuer is solely responsible for the content of this announcement.<\/p>\n

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