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VPBank publishes its first Sustainable Development Report: When prosperity is measured by long-term value

(Chinhphu.vn) - By publishing its Sustainable Development Report amidst a volatile global environment, VPBank not only marks a strategic milestone in its progress towards information transparency and risk management, but also positions ESG as a central focus in its long-term development vision.

Báo Chính PhủBáo Chính Phủ26/05/2025


VPBank unveils its first Sustainable Development Report: When prosperity is measured by long-term value - Image 1.

VPBank unveils its first Sustainable Development Report: When prosperity is measured by long-term value.

Vietnam Prosperity Commercial Bank (VPBank, HoSE: VPB) has just published its first Sustainable Development Report. The report was prepared according to the latest common standards for sustainable development reporting guidelines from the Global Reporting Initiative (GRI), issued by the Global Sustainability Standards Board (GSSB), and references the 17 Sustainable Development Goals (SDGs) of the United Nations.

For VPBank, sustainable development is not simply a trend to adapt to, but a strategic choice, meticulously planned and implemented throughout all banking operations. This commitment is clearly demonstrated through the central message the bank has chosen for 2024 – "Sustainable Prosperity".

One of the most notable highlights in VPBank's recently published report is its well-structured and integrated sustainable financial strategy. In 2024, VPBank successfully raised a total of US$735 million from international development finance institutions (DFIs), as well as signing a US$150 million credit agreement with the Japan International Cooperation Bank (JBIC). Most recently, in May 2025, VPBank continued to make headlines by successfully completing an international syndicated loan transaction with an initial value of US$1 billion.

In addition, the bank has announced its Sustainable Finance Framework – a set of standards certified by Sustainabilitylytics as aligned with global goals. In terms of governance, VPBank continues to raise its operational standards by applying OECD principles, the ASEAN scorecard, and the IFC. Furthermore, VPBank is a pioneer in developing an ESG Risk Management Framework, assessed by EY Consulting Vietnam according to international best practices.

On a social level, the bank has contributed nearly 1.9 trillion VND to the construction and renovation of hundreds of schools across the country, assisted disadvantaged individuals, organized community running events attracting athletes from hundreds of countries and territories, and brought international-level cultural and artistic events to Vietnam.

All these results contribute to a comprehensive ESG picture, in which every action of VPBank is geared towards a dual goal: growth and creating positive value for society, aiming for a sustainable future. A future where "prosperity" is no longer measured by profit, but by the extent to which value is spread and the harmonious development between people, the environment, and businesses.

Mr. Minh

Source: https://baochinhphu.vn/vpbank-lan-dau-cong-bo-bao-cao-phat-trien-ben-vung-khi-thinh-vuong-duoc-do-bang-gia-tri-lau-dai-102250526153250105.htm


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