SHB Honored Among Top 10 Enterprises for Comprehensive ESG Implementation

Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been honored in the TOP 10 Enterprises for Comprehensive ESG Implementation at the Vietnam ESG Awards 2025. This prestigious recognition celebrates SHB's unwavering commitment and long-term strategy in adhering to Environmental, Social, and Governance (ESG) criteria, driving sustainable development and creating lasting value for the community.

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The Vietnam ESG Awards, organized by Dan Tri Newspaper, are a pioneering initiative to honor businesses, organizations, and localities that excel in implementing ESG (Environmental, Social, and Governance) practices in Vietnam. These awards not only recognize outstanding ESG initiatives and achievements but also encourage businesses to transition to sustainable models, fostering social responsibility and aligning with national sustainable development goals.

TOP 10 Comprehensive ESG Implementing Enterprises highlights businesses that seamlessly integrate ESG across all three pillars—Environment, Social, and Governance. These enterprises demonstrate long-term strategies and measurable results, setting a benchmark for holistic ESG implementation.

SHB’s recognition in the Top 10 Comprehensive ESG Implementing Enterprises underscores the bank’s commitment to integrating ESG into its core development strategy. Over the years, SHB has actively launched green finance programs, promoted sustainable lending, enhanced corporate governance to international standards, and prioritized social responsibility through community initiatives in education and social welfare.

“For SHB, ESG is more than a set of criteria—it’s the guiding principle in our long-term sustainable development strategy. Rooted in a human-centric philosophy, we strive to balance economic efficiency, social responsibility, and environmental protection. This award is a milestone and a motivator for SHB to continue innovating and elevating ESG standards across our operations. We are committed to partnering with the government, businesses, and society to advance a green economy and sustainable development,” shared a representative from SHB.

Mr. Le Anh Tan, Acting Director of SHB’s Corporate Banking Division, receives the award on behalf of the bank.

“Greening” for Sustainable Development

Throughout its journey, SHB has remained steadfast in its commitment to sustainable, safe, and efficient growth. The bank has invested significant resources in adopting ESG standards, with a strong internal focus on “greening” initiatives. From leadership to staff, SHB has embraced measures to reduce energy and resource consumption across branches and offices, including renewable energy use, electricity and water conservation, and waste reduction. The bank has also accelerated digital transformation to minimize paper usage and enhance operational efficiency through electronic management systems.

Furthermore, SHB integrates environmental and social risk management into its lending practices, prioritizing capital allocation for green projects, renewable energy, and eco-friendly production. From the Happiness Rice Factory in An Giang to the Yang Trung Wind Farm in Gia Lai, SHB’s capital is fueling sustainable development projects nationwide. The bank also supports wind power, hydropower, and green agriculture initiatives, reflecting its commitment to a greener future.

SHB’s expanding investment portfolio underscores its dedication to channeling financial resources into sustainable sectors, aligning with Vietnam’s green growth objectives and Net Zero commitments. As a leading private bank, SHB boasts over 10% of its total loan portfolio in green financing, reinforcing the banking sector’s role in driving sustainable economic transformation.

Empowering People, Spreading Positivity

SHB – The Bank of Happiness

Over 32 years of growth, SHB has consistently viewed its people as its most valuable asset. “Putting people first” is a cornerstone of the bank’s comprehensive transformation strategy, reflecting its enduring human-centric philosophy.

SHB fosters a modern, diverse, and equitable workplace, creating a culture of happiness where every employee is respected, heard, and empowered to grow. Alongside its business operations, SHB actively engages in social welfare programs, supporting government-led initiatives and community causes.

In response to recent storm and flood devastation, SHB, in collaboration with T&T Group and SHS, donated 12 billion VND to 12 affected provinces, including Lang Son (2 billion VND), Thai Nguyen (2 billion VND), and Cao Bang (500 million VND), to aid recovery efforts. Additionally, SHB and entities within Do Quang Hien’s ecosystem funded the construction of 15 charity homes in Hanh Phuc Commune, Lao Cai, valued at 1.2 billion VND, providing sustainable housing for underprivileged families.

With a deep-rooted humanitarian spirit and social responsibility, SHB has allocated trillions of VND to nationwide social welfare initiatives, focusing on education, healthcare, poverty alleviation, and disaster relief. These sustained efforts not only highlight SHB’s role as a leading financial institution but also reinforce its long-term commitment to community development and fostering a harmonious, sustainable society.

SHB actively engages in social welfare and community initiatives.

Elevating Governance to International Standards

In governance, SHB is committed to enhancing corporate governance in line with international standards, ensuring transparency and legal compliance. Robust governance is seen as the foundation for effective ESG implementation, building trust among stakeholders.

The bank strengthens risk management, compliance monitoring, and technology adoption while prioritizing anti-waste and anti-corruption measures to maintain a transparent, fair, and efficient work environment. SHB invests in advanced data analytics and tools for real-time risk assessment and informed decision-making, adapting to market dynamics.

SHB adopts cutting-edge governance frameworks, including Basel III, IRB capital calculation, ALM, FTP, and IFRS 9 accounting standards. As Vietnam embraces transformative change, SHB will continue to champion comprehensive ESG practices, enhancing competitiveness, stakeholder trust, and contributing to national sustainable development goals.

Kim Ngân

– 16:57 26/12/2025

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