Coca-Cola Vietnam selected among best foreign-invested enterprises in Việt Nam

Tuesday, Apr 16, 2024 12:40

Bùi Khánh Nguyên, vice president of Public Affairs, Communications, and Sustainability at Coca-Cola Beverages Vietnam, receives the awards. — Photo Courtesy Coca-Cola Vietnam

Coca-Cola Vietnam has been recently named among the top 10 most outstanding foreign-invested enterprises in green growth and sustainable development in the years 2023-24 and won the Best FMCG Category at the Vietnam Connect Forum 2024 and the 23rd Golden Dragon Awards 2024.

The award has further reinforced the company’s strong reputation and commitment to building sustainable growth in Việt Nam.

This accolade underscores the company’s ongoing dedication to transforming into a green production company, advancing the circular economy, and taking tangible steps toward achieving net zero emissions by 2050.

The Golden Dragon Awards are among the most prestigious business awards held annually since 2001, jointly organised by the Ministry of Foreign Affairs, VnEconomy, and Vietnam Economic Times.

The awards aim to honour the positive contributions of outstanding foreign-invested companies that have made significant contributions to innovation, green transition and the application of digital technology during their activities in Việt Nam, and especially for their environmental, social, and governance (ESG) performance.

Surpassing nearly 500 nominees for the awards this year, through two rounds of survey and selection, Coca-Cola Vietnam won the awards as a recognition for its continuous efforts in innovation pioneering, creativity, environmentally friendly transformation, and digital technology application in production, business and corporate governance processes.

In its endeavor to transition to a greener economy and reduce carbon emissions, Coca-Cola Vietnam initiated its efforts by establishing specific long-term goals.

Anchored in the vision of realising a World Without Waste, the company aims to achieving the use of 100 per cent recyclable packaging by 2025, incorporating a minimum of 50 per cent recycled materials in packaging by 2030, ensuring the collection and recycling of 100 per cent of the bottles or cans they sell by 2030.

Furthermore, the company has set a global target for its entire system to reduce net emissions by 25 per cent by 2030, with the overarching ambition of attaining net zero emissions by 2050.

The company is at the forefront of implementing circular packaging practices in Việt Nam, as evidenced by the introduction of bottles crafted entirely from 100 per cent recycled plastic since September 2022. — VNS

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