Nestlé Vietnam has again been named the most sustainable business in Vietnam in the manufacturing sector. The recognition was unveiled at the ceremony announcing the Sustainable Companies in 2022 by the Vietnam Business Council for Sustainable Development and the Vietnam Chamber of Commerce and Industry on December 1.
This is the second year in a row that Nestlé Vietnam has been recognised as the most sustainable business in Vietnam in the manufacturing sector, and for the fourth year it is in the Top 3 sustainable enterprises.
This year is the 7th consecutive year that the Programme on Benchmarking and Announcing Sustainable Businesses in (CSI Programme) is hosted by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the Ministry of Natural Resources and Environment, the Ministry of Labour, War Invalids and Social Affairs and the Vietnam General Confederation of Labour.
To achieve this recognition, Nestlé Vietnam has met the CSI Sustainability Index 2022 with 130 indicators, of which 68 per cent were related to legal compliance requirements - which are mandatory requirements, and 32 per cent were indicators related to sustainable business initiatives.
Nestlé Vietnam was also voted in the Top 5 enterprises implementing the circular economy model in response to climate change.
“As the global leader in the food and beverage industry, Nestlé Group attaches importance to the principles of sustainable development in production and business activities in association with corporate social responsibility. We believe in the power of food to enhance lives," said Binu Jacob, CEO of Nestlé Vietnam. "This belief underpins Nestlé's commitment to using its global scale, resources and expertise to contribute to a healthier future for people and the planet. For its environmental sustainability strategy, Nestlé aims to achieve net zero emissions by 2050.”
The recognition is a testament to Nestlé Vietnam's efforts in fulfilling its commitment to long-term investment and the sustainable development of Vietnam.
As part of its commitment to environmental protection, Nestlé Vietnam undertakes action programmes to avoid detrimental impact on the environment. It also contributes to the preservation, restoration, and regeneration of natural resources for the present and future generations.
The company focuses on four key areas for both present and future generations: prevention and adaptation to climate change; developing sustainable packaging; sustainable purchasing, and water management.
Despite being affected by the pandemic from 2020 to 2021, Nestlé Vietnam continues to make investments to guarantee the proper implementation of the roadmap and priorities its sustainable development commitments.
| ||Nestlé Vietnam among nation's largest corporate taxpayers |
Despite the challenges caused by the pandemic, Nestlé Vietnam has constantly made efforts to maintain its business continuity and became one of the 100 largest corporate taxpayers in Vietnam in 2021, according to Official Letter No.3786/TCT-KK from the General Department of Taxation (GDT) under the Ministry of Finance.
| ||Nestlé Vietnam recognised as Typical Enterprise for Labour for third year |
By constantly investing in human resource development and creating value for employees, Nestlé Vietnam is the only foreign-invested enterprise in the fast-moving consumer goods (FMCG) sector to be ranked as a Typical Enterprise for Labour by the Ministry of Labour, Invalids and Social Affairs in 2022.
| ||Nurturing talent at heart of Nestlé Vietnam’s success |
On November 16, the Best Enterprises for Workers Award ceremony took place in Hanoi. Truong Bich Dao, human resources director at Nestlé Vietnam – which picked up the award for the third time – talked to VIR’s Linh Le about the company’s fair and encouraging employment practices.