Early this month, the French Chamber of Commerce and Industry in Vietnam (CCIFV) and KPMG presented the first edition of “Corporate Social Responsibility in Vietnam: The Guidebook” in Hanoi.
|Monsieur Bertrand Lortholary, the French Ambassador to Vietnam, and Ha Do, senior partner at KPMG at the Guidebook launching event |
At the event, Monsieur Bertrand Lortholary, French Ambassador to Vietnam, expressed his confidence in the future of Corporate Social Responsibility (CSR), stating that French companies have this sense of responsibility in their DNA.
He truly believes that the development of responsible business practices will foster the soci-economic development of the country. He also acknowledged the success of CCIFV and KPMG’s partnership, joining forces to promote CSR and create positive a impact on Vietnam.
Ha Do, senior partner at KPMG’s Hanoi office, shared information and insights about Socially Responsible Investing, a sustainable process that combines investors’ financial objectives with their concerns about environmental, social, and governance (ESG) issues.
|Since 2018, CCIFV and KPMG have partnered on a journey to nourish CSR and sustainability in Vietnam, striving to encourage businesses in their networks to create positive social and environmental impact. |
Although specific data on ESG issues is not always measured and monitored in Vietnam, many foreign investors consider ESG as part of their due diligence process when they are assessing a potential investment in Vietnam.
Ha Do explained how companies can build trust and credibility through enhancing ESG, considering there is a greater awareness of the subject and more attention is being paid to CSR and sustainability issues.
Since 2018, CCIFV and KPMG – one of the world's leading professional services firms – have partnered on a journey to nourish CSR and sustainability in Vietnam, striving to encourage businesses in their networks to create positive social and environmental impact.
The purpose of the 30-page guidebook is to help companies better understand what CSR is through basic knowledge and concrete examples of how the private sector can embrace sustainability.
One thousand copies of the CSR Guidebook have been issued and were provided to businesses operating in Vietnam, business associations, NGOs, and international organisations.