SCG's six member companies have been named as top 100 sustainable companies in 2023.— Photo courtesy of SCG

Six member companies of SCG have been named in the top 100 sustainable companies in 2023, including four companies under PRIME Group, Vina Kraft Paper, and SCG Concrete Roof (Vietnam).

This marks the seventh year in a row that SCG and its member companies have been recognised for their sustainability practices and outstanding achievements in business operations, product development, and service innovation.

Praween Wirotpan, General Director of SCG Vietnam, said: "This recognition is a result of the implementation of the ESG 4 Plus strategy, introduced in 2021."

"ESG 4 Plus serves as a framework for SCG and its subsidiaries to seamlessly integrate environmental, social, and governance considerations into their operations, aligning with shared objectives such as achieving net-zero emissions, going green, reducing inequality, embracing collaboration, and upholding strong governance principles."

Since its first inception, the Program on Benchmarking and Announcing Sustainable Businesses in Vietnam (CSI) has set a new benchmark for sustainable development among the business community in Việt Nam.

This year, businesses are evaluated based on 130 indicators under the Corporate Sustainability Index (CSI), covering aspects of economic efficiency, corporate governance, the environment, labour, and society. SCG and its member companies stand out for their ground-breaking ESG strategy that positively impacts the economy, society, and environment.

"The CSI criteria closely align with our overarching ESG goals, emphasising establishing sustainable and responsible businesses. The receipt of this prestigious award by six member companies confirms that our strategic direction is on the right path, highlighting substantial and commendable progress," the director said.

SCG, one of the leading conglomerates in the ASEAN region, comprises three core businesses including cement-building materials, chemicals and packaging. The company has a total of 26 companies across Việt Nam, recruiting more than 15,500 employees. — VNS