HDBank pioneered the announcement of the Sustainable Finance Framework

HDBank pioneered the announcement of the Sustainable Finance Framework

HDBankis one of the first Vietnamese banks to announceSustainable finance frameworkwhich clearly affirms ESG’s strategic goals and vision with strong commitments and specific action plans to bring the highest benefits to all stakeholders.

HDBank pioneered the announcement of the Sustainable Finance Framework

The highlight of the sustainable finance framework is HDBank’s lending orientation to projects with green and social features.

Green assets, therefore, include renewable energy projects, energy efficiency (EF) initiatives, pollution prevention and control measures, sustainable management of natural resources and their use. land, clean transportation solutions, sustainable water and wastewater management, strategies, products adapting to climate change, technology and production processes adapting to the circular economy and construction projects build green.

Social assets, including the provision of essential services and the provision of affordable housing solutions.

The promulgation of the Sustainable Finance Framework demonstrates HDBank’s commitment to environmental sustainability through capital support for green projects that contribute to reducing C02 emissions towards Vietnam achieving its carbon neutrality target. year 2050.

In addition, HDBank’s projects also provide capital to access essential financial solutions such as healthcare, schools and affordable housing for customers, especially in rural areas. for the community and society, in accordance with comprehensive financial policies for sustainable development. strategy that HDBank implements.

With a pioneering tradition in the field of ESG, HDBank is one of the first banks in Vietnam to provide green credit, build an environmental and social risk management system and establish an affiliated ESG committee to Lead and oversee sustainable development initiatives.

HDBank is also a bank in the Top 20 sustainable development indexes of the Ho Chi Minh City Stock Exchange (HoSE) for 5 consecutive years and is evaluated by international development financial organizations such as IFC, DEG, Proparco. and gender equality.

The announcement of the Sustainable Finance Framework will continue to lay a solid foundation, guiding HDBank’s values ​​and commitment to integrating sustainable practices into management, operations and business operations.

Source: Nganhangvietnam.vn

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