The top 100 sustainable enterprises in 2018 were announced at a ceremony held by the Vietnam Business Council for Sustainable Development (VBCSD), under the Vietnam Chamber of Commerce and Industry (VCCI), in Hanoi on November 22.
The top 100 were selected from 500 firms participating in the VBCSD’s programme on ranking the most sustainable businesses based on their corporate sustainability index (CSI). Launched in 2015, the CSI has 131 indicators for enterprises to assess their economic, social and environmental aspects. VNA
Leading the top 100 this year are Nova Real Estate Corporation (Novaland), Thuduc Housing Development Corporation, Swiss Post Solutions Ltd, Tin Nghia Corporation, and Sai Gon Thuong Tin Real Estate Joint Stock Company (Sacomreal).
Speaking at the ceremony, Deputy Prime Minister Vuong Dinh Hue praised the annual CSI ranking and contributions of the business community to local economic growth.
He urged all members of the community, no matter big or small, domestic or foreign-funded, state-run or private, to join hands for sustainable development.
VCCI Chairman Vu Tien Loc said in past three years, the CSI programme has helped increase corporate awareness on sustainable practices and encourage them to work for the realisation of the UN’s 17 sustainable development goals (SDGs).
VCCI General Secretary Nguyen Quang Vinh noted this year, the organiser and experts have designed a specific standard for sustainability.
Accordingly, each indicator of the CSI is classified into basic and advanced criteria. For example, if a company has a development plan, it meets the basic level. But when its plan is aligned with the 17 SDGs, the company reaches the advanced level.
Loc affirmed that the VCCI and VBCSD want the business community to think of sustainability not as a faraway story of global big companies but as a vital requirement of growth.