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Sustainability at Techcombank

At Techcombank, we aspire to become a leading sustainable finance champion, helping to drive Vietnam’s green growth and fostering long-term economic resilience. We embed sustainability in our strategy, offering innovative solutions and promoting responsible ESG practices for a low-carbon economy

Key Sustainability Pillars

To realize the sustainable development strategy, Techcombank has developed a comprehensive plan including five pillars

Customers

Support clients in achieving sustainability by integrating it into financing solutions and making finance simple and accessible

Shareholders

Deliver long-term value while upholding and protecting shareholders' interests, ensuring their investments are secure and profitable

Employees

Foster an inclusive and diverse workplace, encouraging employees to contribute to our ESG goals and initiatives

Regulation

Comply with regulatory requirements and strive to exceed these standards by adopting best practices in ESG

Social & Internal Practice

Implement internal policies that reduce our carbon footprint and promote community development initiatives

ESG aspiration

Through these five key pillars, we integrate them into our core operations, policies and decision-making process. Our sustainability commitment is structured around key strategic targets

Sustainable finance and economic growth goals

  • Allocate increasing share of total outstanding lending credit to ESG focused customers, sectors and projects.
  • Achieve full digitalisation of core banking services by 2025 to transition to paperless branches and reduce paper consumption
  • Expand financing to small and medium enterprise (SME) and women-led businesses, with a focus on helping them to build new, sustainable and thriving businesses.

Environmental responsibility goals

  • Commit to reducing the bank’s carbon footprint, aligning with Vietnam’s goal of achieving net-zero emissions by 2050.
  • Guide clients to reduce their carbon footprint and achieve sustainable low-carbon intensive growth.

Social impact and governance goals

  • Maintain at least 50% representation of female managers.
  • Be recognised among the top companies in Vietnam for governance excellence.
  • Contribute meaningfully to ESG-focused community events and non-profit organisation.

Materiality assessment

Within the overall ESG framework above, Techcombank has conducted materiality assessment, designed to ensure the focuses on the most relevant ESG topics that prioritise our business and stakeholders’ interests.

1

Identify ESG-related topics

We conduct market research and consult stakeholders to initially identify the ESG topics that need assessment

2

Prioritize material topics 

We base on their strategic importance to the business, stakeholders and regulatory standard setters

3

Engage management

We test and validate the results with key internal audiences and subject matter experts

4

 Finalize the results

We determine the final list after management discussion, input from internal HODs and external consultants

 From our ESG strategy, we translate into our concrete actions and execution


For any sustainability-related enquiries,
please reach out to

ESG@techcombank.com.vn

Email us