Techcombank becomes the first bank in Vietnam to win at the ESGBusiness Awards
The Techcombank Eco Debit Card (Eco Card) enables you to live greener lifestyles by tracking your carbon emissions as you spend, offsetting your carbon footprint against environmental protection projects, and enjoying privileges such as a green vehicle subscription.
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is a leading bank in Vietnam with a vision to “Change Banking, Change Lives.” To realise this vision and further its commitment to sustainability, Techcombank has launched a new Visa Eco Debit Card (Eco Card) that enables you to track your carbon footprint and offset your emissions through contributions to environmental protection projects. This pioneering new product was recognised with the award for Sustainable Product Design - Vietnam at the prestigious ESGBusiness Awards 2024.
With the Techcombank Visa Eco Debit Card, you can choose to have an eco-friendly and recyclable physical card or a digital card accessible on the Techcombank Mobile app. The physical Eco Card is made from recycled PVC, whilst the digital Eco Card enables you to turn your phone into a bank card. Quick and easy to set up, the digital Eco Card can be used to make online payments and can be added to Apple Pay, Google Pay, or Samsung Pay for easy and secure in-store purchases whilst cutting down on plastic use, all at once.
Techcombank Eco Card also comes with a free 12-month subscription to the Vietnamese EV ride-hailing platform, Xanh SM, enabling you to reduce carbon emissions by using EV’s to get around. Every month, you receive 20 discount codes for Xanh SM services, including Motorbike, Standard Taxi, Luxury Taxi and Express Delivery Service.
Additionally, you can track greenhouse gas emissions linked to your purchases and cash withdraw transactions to help you better understand the environmental impact of your daily lives and empower you to change your habits or even offset emissions to live greener lives. Each time you spend with your Eco Card, you are provided with an estimate of the carbon footprint of your purchase and cash withdrawal based on the Visa Sustainability Index framework. You can check how many kilogrammes of greenhouse gas (kg CO₂e) are linked to your spending through the Techcombank mobile app, with all information only available to the card owner.
Besides, you can choose to offset your carbon footprint by contributing to certified environmental projects in Vietnam. You can seamlessly connect with a variety of different environmental projects across Vietnam using the Techcombank mobile app. Customers can choose to support a project they are passionate about, make a contribution, and take action for the environment. The effectiveness of each project is verified by Visa and 2 leading certification bodies, Verra and the Gold Standard, to ensure real environmental impact.
Lastly, each Eco Card user receives a Green Score based on an estimate of your carbon footprint. Through the Techcombank mobile app, each Eco Card customer can see how eco-friendly your spending and lifestyle are in comparison to the wider Eco Card community.
The Eco Card is a unique sustainable Visa Debit Card product that is leading the way for the industry in Vietnam. This achievement was recognised by the ESGBusiness Awards, which celebrates companies that are helping to build a sustainable future and that demonstrate outstanding commitment to environmental, social, and governance (ESG) practices. In Vietnam, Techcombank is setting new standards for the industry through its commitment to ESG and is truly delivering on its brand promise to always “Be Greater.”
The ESGBusiness Awards is presented by ESGBusiness. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's outstanding commitment and achievement in environmental, social, and governance (ESG) practices, please contact Julie Anne Nuñez at [email protected].
