Citi was honoured by the American Chamber of Commerce in Hanoi (AmCham) for its outstanding corporate social responsibility (CSR) programmes.
The recognition took place in Hanoi at the ninth annual AmCham CSR Recognition Awards on December 6, which was presided over by the US Ambassador Marc E. Knapper.
The AmCham CSR Recognition Awards celebrate companies that demonstrate a profound understanding of the connections between business operations and society, and conduct their business in a manner that creates sustainable economic and social value in Vietnam.
Citi Vietnam focuses on transparent, prudent, and dependable business conduct. With a two-pronged commitment to responsible financing and giving back to the community, Citi’s citizenship priorities include microfinance, financial inclusion, and employee volunteerism.
|To qualify for AmCham’s CSR Recognition Award, a company’s CSR initiative must receive high marks in four separate categories.
To this end, Citi Vietnam executed Social Finance transactions and has been collaborating with the government on innovative solutions for green financing such as blended finance models, supporting the Vietnamese government’s National Green Growth Strategy.
For the past two years, Citi Vietnam has organised tree planting events and beach clean-up campaigns in Hanoi and Ho Chi Minh City, in line with the Vietnamese government's efforts to promote environmental protection.
Ramachandran A.S., Vietnam Citi’s country officer, said, “Citi is more than 200 years old, and our mission is to enable economic progress. We believe that we should do this in a responsible and sustainable manner. This award is a reflection of our commitment to making a meaningful difference in Vietnam and underscores our dedication to social and environmental responsibility.”
AmCham’s CSR Recognition Award scheme is designed to raise awareness of CSR among AmCham members and the community, and to provide recognition to firms with best-practice CSR programmes.
To qualify for AmCham’s CSR Recognition Award, a company’s CSR initiative must receive high marks in four separate categories: attention to business objectives and societal needs; creation of long-term economic and social gains; communication and sharing of best practices; and programme sustainability.
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