SCG member companies in top 100 Sustainable Companies in Vietnam

Udorn Chobtham, general director of SCG Concrete Roof, has received the Top 100 Sustainable Companies award for four consecutive years

The recognition was based on the Programme on Benchmarking and Announcing Sustainable Companies in Vietnam by the Vietnam Business Council for Sustainable Development under the Vietnam Chamber of Commerce and Industry in collaboration with the Ministry of Labor, Invalids and Social Affairs, the Ministry of Natural Resources and Environment, and the General Confederation of Labor.

The awards were 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.

VKPC, a manufacturing base for packaging paper, is a subsidiary of SCGP, a core business of SCG, focusing on creating innovations and values to serve the evolving consumer demands while emphasising environmental, social and governance aspects.

Accordingly, VKPC has been lauded as a typical business on Gender Equality in the Workplace for two consecutive years. This represents a vision of “leaving no one behind” in a sustainable business corporate culture while being inclusive in serving various communities.

While improving gender equality in the workplace contributes significantly to labour productivity and talent attraction, respecting children’s rights will help build stronger communities, creating a sustainable future for the corporation and its stakeholders.

Meanwhile, CRVC has been named in the Top 100 Sustainable Companies list for four consecutive years. To achieve this recognition, CRVC has adhered closely to the ESG principles.

The company has adopted international standards for its management systems, including in Quality Management, Environmental Management, and Occupational health and safety Management.

The awards ceremony

As the leading sustainable conglomerate in ASEAN, SCG strives for the better lives of today and to transcend an even better world to the next generations. Aiming to achieve Sustainable Development Goals through conducting business with an ESG strategy in a balanced approach, the strategy has not only been manifested at the corporate level but also cascaded through a wide network of its subsidiaries.

With 130 indicators, the CSI 2022 Index is divided into five components based on the revised Labor Law 2019, the 2014 Environmental Law and several provisions in the 2020 revised Environmental Law related to commitments on climate change adaptation and voluntary national commitments COP21 and COP26, sustainability reporting standards GRI and ESG, ISO 26000, social responsibility standards and trade commitments.

Regarding environmental standards, SCG’s member companies orient their business toward sustainable best practices and become role models in their respective businesses.

For instance, embracing the notion of restoration to reduce all negative impacts of production activities on the environment, ecosystem and human health, VKPC was among the first to apply Circular Economy principles in the packaging industry production process, including a recycled water treatment system.

In addition, VKPC also recovers methane from the Wastewater treatment system to reduce greenhouse gas emissions, and upcycling fly ash from the boiler turns to raw materials to produce construction bricks.

SCG has also committed to reducing GHG emissions to net-zero by 2050.

Accordingly, SCG has constructed and implemented a detailed plan with realistic milestones toward not adding to the total amount of greenhouse gases released into the atmosphere by the year 2050 to avoid the worst consequences of climate change.

The plan will facilitate SCG’s innovation and operation in all of its worldwide activities in the years to come as one of the leading conglomerates in the region, especially in sustainable development.

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