Thị Thanh Tùng, Deputy Director of the SBV’s Department of Credit for Economic Sectors, said nearly 50 per cent of banks have established a risk management division for environment protection lending.
Investing in Environmental, Social and Governance (ESG) requires effort, but the rewards for businesses who embrace it make the investment worthwhile, attendees were told at a conference on motivations and breakthroughs in ESG, held in Hà Nội on Thursday.
ESG has become increasingly popular in Việt Nam in recent years with a number of enterprises beginning their journeys with ESG practices integrated into their operation and reporting.
