Responsible business practices and assurance of transparency and accountability of sustainable development information are increasingly being shaped by their legalization in some countries and regions, as well as updates to the disclosure requirements of the International Financial Reporting Standards (IFRS). 

From 2020 to 2022 in Vietnam, to translate its commitments to Sustainable Development Goals (SDGs) into action, the Vietnamese government approved and implemented national green growth and sustainable development policies and strategies. 

Since 2020, Fair Finance Vietnam (FFV) has adopted the Fair Finance Guide (FFG), developed by Profundo and the Fair Finance International (FFI), to analyze the alignment of policies widely disclosed by Vietnamese commercial banks with ESG standards. This report aims to provide further insightful reference on ESG within the domestic finance-banking sector as per international best practices and standards. This assessment reveals new progress since our 2020 and 2022 assessments.

Tagged with
ESG