SABECO joins PRO Vietnam to strengthen social responsibilities commitment

SABECO (Saigon Beer-Alcohol-Beverage Corporation) joined the Packaging Recycling Organization Vietnam (PRO Vietnam) in early August. By joining, SABECO is supported by PRO Vietnam in fulfilling the company’s EPR (extended producer responsibility), working towards a shared goal for all businesses in the industry.

SABECO aims to advocate for effective EPR regulation and contribute to shaping a practical and effective EPR regulation that suits the market context in Vietnam.

As a leading corporation in Vietnam, SABECO commits to supporting the country’s socioeconomic development and bringing value to the company and all relevant stakeholders.

To reinforce our commitment, SABECO relentlessly applies world-class practices in manufacturing and operation, including initiatives that follow ESG principles. SABECO acts on urgent environmental issues and undertakes green transition to replenish vital national resources and ensure sustainable business growth.

SABECO's sustainable development strategy is a 4C sustainable development commitment. To become an industry-leading business and a pioneer in innovation for positive development and common prosperity, the corporate social responsibility policy focuses on the following 4Cs commitment, including Country - Culture - Conservation - Consumption.

Larry Lee, SABECO deputy general director

SABECO's vision is to become the leading beverage group in Vietnam, having a firm foothold in regional and international markets. SABECO's sustainable development strategy focuses on maintaining balanced progress across the ESG pillars (Environment, Social, and Governance) and economy. The company is committed to advancing its ESG strategy by identifying and evaluating key topics that impact stakeholders in production and business development activities, alongside setting ESG priorities and goals.

SABECO believes that sustainable development is closely linked to the development journey and value sharing of each employee. Therefore, the company is committed to maintaining safe working conditions, taking care of both the physical and mental health and welfare of employees, focusing on employee development, attracting talents as well as respecting differences and diversity in the workplace.

Being one of the leading companies, in addition to making a great contribution to the State budget, SABECO strives to help create jobs for workers in provinces and cities nationwide, improve people's living conditions, and contribute to the sustainable development of communities and localities through key areas of environment, community empowerment, public health and sports.

Notable community projects include Light up the Rural, Fostering Sports, Empowering, and supporting young entrepreneurs in rural areas through coaching and mentoring programme.

SABECO is committed to complying with environmental protection laws, actively participating in responding to climate change and reducing greenhouse gas emissions, along with focusing on finding solutions and initiatives for continuous improvements to minimise environmental impacts and effectively use resources, raw materials, packaging, energy, and water.

SABECO focuses on strengthening corporate governance and maintaining an efficient management system, complying with current laws and regulations, ensuring business efficiency to contribute sustainably to the economy as well as committing to a transparent implementation of sustainable development.

ESG considerations light the path for SABECO’s success Saigon Beer-Alcohol-Beverage Corporation is promoting more green growth initiatives, demonstrating its steadfastness in the goal that business investment must go hand-in-hand with the nation’s sustainable development.

SABECO named in Fortune’s first Southeast Asia 500 rankings Through efforts to become the leading beverage group in Vietnam, SABECO has been named in Fortune’s Southeast Asia 500 rankings.

SABECO reports highest profit in past seven quarters Saigon Beer - Alcohol - Beverage Corporation (SABECO, HSX: SAB) reported a profit of about VND1.32 trillion ($52.8 million) in the second quarter, and a cumulative profit of VND2.34 trillion ($93.6 million) in the first half of 2024, up 5.8 per cent on-year.

SABECO wins at World Beer Awards SABECO and its products have received awards for their taste and quality as voted by the experts at the 2024 World Beer Awards.