With the theme "Rising to the digital age - spreading green values", the report focuses on the strategy of integrating ESG (environmental, Social and Governance) standards in the bank's operations, focusing on two pillars: responsible credit and responsible operations.
The report complies with 18 GRI criteria and fully refers to 17 United Nations Sustainable Development Goals (SDGs), affirming HDBank's strong commitment to supporting a green and sustainable economy.
From responsible credit to effective operation: The journey of spreading for the community
Following the message "Responsible credit - Responsible operations - Responsible partners - Responsible communication", HDBank has gradually built a green financial ecosystem, serving priority areas such as sustainable agriculture, renewable energy, healthcare, education and social enterprises.
HDBank's strategy is to develop responsible credit, turning capital into a bridge between business development and social mission
The 2024 report shows: 100% of corporate customer loans are classified as environmental and social risks according to the regulations on environmental and social risk management (ESMS); 44% of outstanding loans are concentrated in type 2 urban areas and rural areas; More than 31,000 billion VND has been disbursed to green projects since 2019; Nearly 3,400 billion VND is reserved for women-led enterprises in 2023.
In addition, HDBank has mobilized a green credit limit of 240 million USD from IFC, ADB and Propaco; a trade finance limit of 320 million USD from IFC and ADB to prioritize serving commercial activities in the fields of renewable energy, green agriculture and sustainable finance. HDBank is also one of the first private banks in Vietnam to issue green bonds worth VND3,000 billion by the end of 2024, demonstrating its pioneering role and commitment to climate finance.
In the direction of internal operations, HDBank continues to promote digital transformation, deploy emission measurement technology at the Galaxy Innovation Center (GIH), save more than 2.5 tons of paper and spread digital culture throughout the ecosystem. Social responsibility activities have been expanded, including the "Tran ngan thuong thuong thuong" program - bringing digital banking to people in disaster and disaster areas, while popularizing digital knowledge and community financial management skills.
Spreading sustainable values: Connecting communities, preserving the planet
The 2024 Sustainable Development Report has demonstrated HDBank's long-term commitment to creating sustainable values for customers, communities and the planet.
Speaking in the report, Mr. Kim Byoungho - Chairman of HDBank's Board of Directors and Chairman of HDBank's ESG Committee - emphasized: "HDBank maintains its commitment to sustainable development, deeply aware that responsible actions in the present are the solid foundation for future success. With the highest determination, the Bank believes in completing and exceeding the business goals set for 2025, while achieving new heights on the journey of sustainable development.
With the strategic orientation of "Sustainable Pioneering - Rising to the National Level", HDBank continues to affirm its position as the leading joint stock commercial bank in Vietnam in the journey to accompany the development of the socio-economy and promote a green, fair and comprehensive economy.
