LPBank consecutively won 2 prestigious ESG awards, affirming its sustainable financial position

Affirming sustainable development strategy with two prestigious ESG awards

In the context of the global move towards sustainable development, ESG (Environment - Society - Governance) has become a strategic standard that reshapes the future of the financial industry. With a long-term vision and commitment to practical action, LPBank has been honored at two prestigious ESG awards in the country and the region. These are not only prestigious titles but also demonstrate the Bank's international integration capacity and methodical sustainable development strategy.

In its first participation in the Asia Responsibility Enterprise Award (AREA), LPBank was the only representative of Asia to be honored in the "Green Leadership" category with the initiative "Sustainable Development Journey". Launched in 2011, AREA is one of the most prestigious international awards in Asia, honoring businesses that excel in implementing social responsibility and sustainable development.

LPBank is the only bank in Asia to be honored in the "Green Leadership" category of the Asia Responsible Enterprise Awards 2025

In 2025, with the theme “The inevitable transition to a renewable economy ”, the AREA international expert council especially emphasizes the ability to create recovery value for the community and ecosystem. LPBank has successfully implemented 5 evaluation criteria: optimizing resources, reducing emissions, applying green technology, implementing innovation and transparency of engagement, meeting the values set by the International Expert Council.

Not only affirming its position in the region, LPBank continues to be recognized in Vietnam when it was honored by Viet Research and the Finance - Investment Newspaper ( Ministry of Finance ) in the Top 100 Green ESG Enterprises in Vietnam and Top 10 Banks - Green ESG Vietnam 2025. These are prestigious rankings, comprehensive assessments not only based on business performance, but also delving into the analysis of the ability to integrate ESG factors into strategy, governance and operations according to international standards. According to Viet Research experts, LPBank not only demonstrates ESG capacity but has truly integrated ESG principles into its operating structure - turning responsibility into brand identity. This is also an important basis for financial institutions, investors and the community to choose units with long-term development orientation, transparency and responsibility.

Ms. Nguyen Thi Vui, Member of the Executive Board (standing in the middle) representing LPBank received the Top 10 Banks - ESG Green Vietnam 2025 award

Telling numbers on the journey to sustainable development

The above "double" prestige awards are the "sweet fruit" of LPBank's methodical investment strategy and drastic implementation. From very early on, the Bank identified ESG as one of its strategic pillars, orienting its activities according to international standards such as GRI and the 17 Sustainable Development Goals (SDGs) of the United Nations. Not simply considering ESG as a communication activity, LPBank integrates sustainable development principles into all operational processes, from evaluating human resource performance, selecting partners to controlling the supply chain. This is demonstrated by the fact that LPBank is one of the first banks in Vietnam to pioneer the publication of the Sustainable Development Report in 2024 - a report according to international standards, publicizing ESG indicators and shaping long-term strategies in a transparent and responsible manner.

LPBank deploys many credit packages for the fields of green transformation, renewable energy and national sustainable agriculture

LPBank's ESG implementation process is demonstrated through telling numbers. In 2024, LPBank implements a series of loan interest rate reduction programs and incentive packages for more than 100,000 customers with a total disbursement of nearly VND 80,000 billion. At the same time, LPBank has proactively improved the approval process, diversified products, and prioritized credit expansion to support people in rural and remote areas. Notably, LPBank has cooperated with the Asian Development Bank (ADB) to implement a credit program specifically for women and women-owned businesses, with a total disbursement amount of VND 3,301 billion by the end of 2024.

LPBank has implemented incentive programs nationally, contributing to promoting production, business and local economy. This is a great effort of LPBank in accompanying customers, solving capital difficulties, demonstrating the Bank's responsibility to the economy.

Regarding digital transformation, LPBank recorded more than 1 million new customers registering for digital banking applications, developed 86 new product features, processed 93.4 million electronic transactions with a total value of over VND 998,000 billion. The bank launched the LPBank Biz platform for businesses, and completely upgraded the LPBank application, adding many new features such as: online digital service registration, investment portfolio management, flexible online savings... bringing a modern and convenient experience to customers.

In 2024, LPBank installed solar power systems at its headquarters and major branches, and recorded a reduction of more than 17% in electricity consumption, 16% in domestic water consumption and 83% in gasoline consumption compared to 2023. Along with that, LPBank also launched a National Tree Planting Festival, contributing to greening many places across the country with more than 3,000 trees of all kinds across the North, Central and South regions, spreading a green lifestyle to the community.

In the context of ESG becoming a "passport" for the financial industry, the "double" of domestic and international awards is not only a title, but also a strategic asset that helps LPBank enhance its position, strengthen the trust of international financial institutions and affirm its role as a potential partner in the global sustainable financial network./.

LPBank