Sustainable Development Report: HD Bank Leads the Way with its 2024 Publication

On May 23, 2024, HDBank (HOSE: HDB), officially launched its 2024 Sustainability Report, becoming the first Vietnamese bank to publish a dedicated sustainability report.

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“At HDBank, we understand that tomorrow is shaped by the actions we take today. We are keenly aware of our role and responsibility in creating value for society, protecting the environment, and contributing to the development of a green economy, safeguarding human rights, and building sustainable values for the future,” affirmed Mr. Kim Byoungho, Chairman of the Board of Directors and Chairman of the HDBank ESG Committee, in the Report’s message.

As the first bank to publish a separate Sustainability Report in 2024, HDBank proactively provides clear and transparent information on its ESG implementation process, commitments, and concrete results.

The HDBank Sustainability Report, themed “Green Thinking, Sustainable Growth,” consists of 195 pages and is published independently from the Annual Report on the HDBank website.

Based on the 18 criteria of the Global Reporting Initiative (GRI), the HDBank Sustainability Report and ESG implementation (Environmental, Social, and Governance) include information on goals and commitments, strategies and governance, implementation and actions, HDBank’s achievements, and a vision for the future.

The bank has developed sustainability indicators related to the Environment (E), Society (S), and Corporate Governance (G), referencing the Global Sustainability Standards Board (GSSB) disclosure standards and the United Nations Sustainable Development Goals (SDGs).

Pioneering the internationalization of governance practices, HDBank is committed to enhancing its modern, efficient, transparent, and fair banking governance system, aligning with the best international standards.

HDBank has clearly defined its strategic vision and goals for ESG implementation, backed by strong commitments and specific action plans to benefit all stakeholders. The bank aims to become a Net Zero Emissions Bank, promoting green finance, green transformation, and sustainable finance. For the community and society, the bank fosters a happy workplace culture and upholds its values, being recognized as the Best Place to Work in Asia for six consecutive years.

In 2023, HDBank issued the “ESG Policy” and the “Regulations on Environmental and Social Risk Management in Credit Activities” to enhance its sustainability in serving customers and collaborating with partners. Recognizing the importance of financial inclusion, HDBank has been promoting policies and programs to improve its customers’ access to financial services, including small and medium-sized enterprises, low-income individuals, farmers, and traders, through its modern and feature-rich digital banking platform.

HDBank’s ESG implementation strategy involves expanding its investment activities and partnering in the fields of Culture, Sports, Education, Healthcare, Housing Infrastructure, and Transportation, among others. Through these initiatives, HDBank contributes to elevating Vietnamese intelligence and talent to a global level, as seen in chess and futsal.

Additionally, HDBank’s corporate social responsibility initiatives are supported by the dedication of over 17,000 employees through meaningful volunteer journeys across the country, fostering a strong corporate culture and humanitarian spirit.

As HDBank moves towards its 35th anniversary, it is accelerating the implementation of ESG criteria in its operations to realize its high-growth strategy, following the publication of its 2023 Sustainability Report.

Readers can access the full Report at:

https://hdbank.com.vn/vi/investor/thong-tin-nha-dau-tu/bao-cao-thuong-nien

SOURCEvietstock
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