C.P. Vietnam named a top sustainable group for third time

December 05, 2022 | 08:00
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Thailand’s C.P. Vietnam was named among the top 10 most sustainable manufacturing companies in the country at an awards event last week.

The Sustainable Companies Vietnam 2022 award ceremony marked the third consecutive year that C.P. Vietnam (CPV) had been listed in the top 10 most sustainable companies in the manufacturing category, with continuous efforts from members at all levels in production and business activities, as well as supporting the social community and promoting greater environmental protection.

C.P. Vietnam named a top sustainable group for third time
CPV has been succeeding in applying ESG and other sustainability criteria in its operations

Tran Tuan Anh, member of the Politburo and Chairman of the Party Central Committee’s Economic Commission, Vu Tan Cong, chairman of the Vietnam Chamber of Commerce and Industry, and leaders of ministries and agencies were on hand for the event.

Worawit Arunraksa, assistant vice president and manager of Corporate Sustainable Development at CPV, received the award. “CPV is a member of the Vietnam Business Council for Sustainable Development (VBCSD) and has accompanied the programme for seven years. The accolade demonstrates CPV’s efforts to become sustainable as a leading company in the vertical agro-industrial and food business with its feed-farm-food model,” said Arunraksa.

CPV also succeeds in applying criteria based on a corporate sustainability index (CSI) in producing, processing, and doing business, building business strategies in attachment with implementing the Sustainable Development Goals of the United Nations.

CPV has determined the vision and orientation for sustainable development and is improving management capacity, establishing plans to respond to tough situations – not only ensuring safe production and meeting the needs of consumers but also creating the best sustainable development direction for the company.

The company said it will continue to make more efforts in this vein, while complying with legal provisions on environmental protection, reasonable use of energy, applying circular economic models, reducing carbon emissions, and balancing the ecosystem by planting 1.5 million trees across Vietnam, towards sustainable business.

CPV also cares about social benefits with a series of activities for the community such as voluntary blood donation, medical examination and treatment and distribution of medicines for the poor, and a synergy house project. The company has put in place positive policies to provide spiritual and material support to the people of central provinces in particular, which have been severely damaged by natural disasters and floods.

Being honoured at the ceremony has been the pride of the CPV team, and the achievement is the result of consistency in developing the business towards sustainability. With that, the company will continue to strive for the sustainable development of the company and for the socioeconomy of Vietnam.

Awards handed out at Sustainable Companies Vietnam 2022 were evaluated based on sustainable development criteria in areas such as the economy, environment, and society that were built by the VBCSD and the Vietnam Chamber of Commerce and Industry.

The CSI is built as a measure of the value of an enterprise during production and business activities, as well as to record goals and manage changes to make business operations more sustainable.

Also last week, CPV was honoured by Vietnam Investment Review for its contributions for the sustainable development of the country. The award was handed over by leaders of VIR and the Ministry of Planning and Investment’s Department of Science, Education and Natural Resources.

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C.P. Vietnam named top sustainable group for third time C.P. Vietnam named top sustainable group for third time

Thailand’s C.P. Vietnam (CPV) was named among the top 10 most sustainable manufacturing companies in the country at Sustainable Companies Vietnam 2022.

By Nguyen Huong

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional