Vietnam ESG Initiative 2024 winners announced

Deputy Minister of Planning and Investment Tran Quoc Phuong highlighted the importance of sustainable development and the need for Vietnamese enterprises to innovate and adopt green transformation to remain competitive. The Vietnam ESG Initiative 2024, supported by the US Agency for International Development (USAID), aims to enhance Vietnamese businesses competitiveness and sustainable practices. The event, themed Seizing Green Transformation Opportunities, saw the launch of a program supporting private firms in securing business sustainability from 2022 to 2025. This initiative has improved awareness of business sustainability and ESG for nearly 3,400 businesses, with 400 companies receiving in-depth ESG training. Tools for assessing sustainable business and ESG practices were also made available online. The Vietnam ESG Initiative 2024 attracted numerous businesses with various green transition and sustainability initiatives. Ten shortlisted companies received intensive training and advice from the USAID Improving Private Sector Competitiveness (IPSC) project to refine their plans. Three companies, Ecoka, Saigon Secoin, and Shinec, were awarded for their outstanding ESG implementation plans. EMIC Hospitality received special recognition for its efforts in sustainable tourism. The winners will receive technical support valued at 2 billion VND (81,000 USD) to implement their ESG initiatives. The event also introduced ESG tools and a handbook on legal regulations on ESG, helping businesses align with sustainability standards and legal requirements to enhance their competitiveness and readiness for global market requirements.

Source: en.vietnamplus.vn
Published on 2024-10-03