Fair Finance Vietnam (FFV) launched the 2nd assessment on eleven commercial banks in Vietnam in 2022.
The 2nd assessment highlights that Vietnamese commercial banks are changing with new progress in the 'race to the top'. This change is not taking place at the same pace in all the banks assessed. There are differences across themes and in the magnitude of change in each institution.
Using the Fair Finance Guide Methodology updated in 2021, FFV assessed the publicly disclosed policies of eleven Vietnamese commercial banks on their Environmental, Social and Governance (ESG) commitments. Twelve assessed themes include: Climate Change, Power Generation, Nature, Gender Equality, Human Rights, Labor Rights, No Investment in Arms, Financial Inclusion, Consumer Protection, Anti-Corruption, Transparency & Accountability, and Taxes.
Read the full report here in English and Vietnamese.
Read the policy brief here in English and Vietnamese.