INSEE Vietnam continues working towards sustainable development

November 28, 2018 | 08:00
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Being honoured among the 100 most sustainable enterprises in Vietnam in 2018 is a reward of the continuous efforts of Siam City Cement Vietnam Company Limited, also known as INSEE Vietnam.
insee vietnam continues working toward sustainable development
Nguyen Cong Minh Bao, director of sustainable development and communication, received the award from Hoang Quang Phong, vice chairman of the VCCI, and Vo Tuan Nhan, Deputy Minister of Natural Resources and Environment

On November 22, INSEE Vietnam, was awarded the prestigious CSI 2018 award by The Vietnam Business Council for Sustainable Development in co-ordination with the Ministry of Labour, Invalids and Social Affairs, the Ministry of Industry and Trade, the Ministry of Natural Resources and Environment, the Vietnam General Confederation of Labour, and the State Securities Commission.

The "Programme on Benchmarking and Ranking the Most Sustainable Companies in Vietnam" was first launched in 2016 and this year was also the third consecutive year that INSEE Vietnam was honoured in the 100 most sustainable enterprises in Vietnam.

The candidate evaluation process is based on the Corporate Sustainability Index (CSI), which consists of 131 criteria established by experts in the fields of economics, social affairs, labour, and environment. CSI reflects businesses’ credibility, brand, and capabilities for operational processes, future development potential, as well as perform social and environmental responsibilities, and to attract human resources. By achieving this award, the company once again confirmed their sustainable development commitment through the implementation of its sustainable triple-bottom-line: prosperity, planet, people.

In 2017, the company successfully transformed from the Holcim to the INSEE brand. INSEE Vietnam then redefined its ambition to become the No.1 building materials and sustainable construction solutions provider in Vietnam by 2020 by combining sustainability and innovation. With the new brand strategy “Build for Life,” INSEE Vietnam believes that the world would be a better place if everything we build together can improve quality of life.

Besides meeting the investor’s prosperity expectations, the company also set the highest standard in environmental performance, not only exceeding national requirements but setting a higher bar for all other industrial players.

In 2018, the INSEE dust emission is at 14.5 mg/Nm3, down 36 per cent against 2017, and equivalent to 14.5 per cent of the 100 mg/Nm3 allowed limit. Also, CO2 emission level is 388kg/tonne of cement compared to the 700-800 kg/tonne industry average.

People are the most important pillar in INSEE’s ecosystem. The people aspect of the company is not only limited to the benefits and safety of the employees, but also includes contribution to the society. Holcim and now INSEE are well-known for its strategy with purposeful social investment. In 2017 and 2018 alone, the company has invested almost VND9 billion ($391,304) in 19 projects with over 1.8 million beneficiaries nationwide.

The presence of a world-class building materials corporation like INSEE in Vietnam does not only contribute to the socioeconomic development of the country, but also sets higher, more sustainable standards for the build materials sector, and improves living quality for Vietnamese people.

What the stars mean:

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