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This year, SCG and its seven member companies, including Vina Kraft Paper Co., Ltd., Prime Tien Phong JSC, and others, have made a significant mark by being honored in the prestigious Top 100 Sustainable Businesses list for 2025. This accolade highlights a strong commitment to innovative practices, environmental stewardship, and governance alignment with the country’s overarching goal of achieving net-zero emissions.
Kulachet Dharachandra, SCG’s Country Director in Vietnam, emphasizes that the Corporate Sustainability Index (CSI) is not merely an award; it acts as an impelling force for businesses to innovate and enhance governance. As SCG celebrates the ten-year milestone of this initiative, there is a reinforced commitment to lead by example in sustainable development.
The Environmental Commitment: Driving Green Initiatives
The focus on environmental sustainability is a cornerstone of SCG’s strategy. Through its member companies, SCG has been implementing cohesive ESG strategies that blend cutting-edge technology with eco-friendly practices. For instance, Vina Kraft has taken strides in its net-zero initiatives by incorporating renewable energy sources, such as biomass and solar energy, thus embedding sustainability across its operations.
Similarly, the Prime Group has shown commitment by transitioning to biomass fuel in its manufacturing processes, significantly reducing reliance on coal. Prime Pho Yen has even embarked on experimenting with biomass gasification to further its goals of energy efficiency and emission reduction. Notably, Prime Ngoi Viet has upgraded its operations to run entirely on environmentally friendly biomass fuel, achieving a remarkable 15% reduction in emissions compared to 2020.
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Moreover, these companies are pursuing product innovation with sustainability at its heart. Prime Group has introduced sustainable brick lines that reduce raw material usage and energy consumption significantly. For instance, their ThinEco bricks conserve up to 23% of raw materials, while Flexitech technology enhances public health through safer material design.
In addition, Vina Kraft’s dedication to sustainable packaging, which is entirely recyclable or compostable, embodies the company’s commitment to promoting a circular economy. Their involvement in the Extended Producer Responsibility (EPR) project and international certifications like FSC and PEFC ensures that their practices comply with global standards for sustainable forest management.
Social Initiatives: Fostering Community Development and Employee Welfare
Beyond environmental priorities, SCG places immense value on its people and their wellbeing. The organization deeply believes that human resources are fundamental to growth. With the implementation of the “SCG Safety Framework,” they strive to construct worksites that prioritize safety and health, earning accolades such as the Silver Award for safety management.
Efforts extend to community engagement, with Vina Kraft offering environmental education programs, exemplified by their waste sorting initiatives in local schools. Prime Group’s “Dreams Come True” initiative aims to uplift disadvantaged communities by providing essential resources and training, enhancing their resilience and prospects for stable livelihoods.
Transparent Governance: A Foundation for Sustainable Growth
Sustainability also encompasses robust governance practices. SCG and its companies uphold transparency in all their operations, a critical aspect that ensures their initiatives are sustainable and impactful. Vina Kraft has pioneered the management of its products’ carbon footprint, marking a significant advancement in transparency. This not only aids in managing production more efficiently but also positions the company favorably for the evolving carbon credit markets.
Integrating advanced technologies allows for real-time monitoring and optimizations, establishing a transparent system of operations that reassures clients and stakeholders of the company’s commitment to sustainable practices.
A Long-Term Commitment to Sustainability
The recognition of SCG and its member companies in the Top 100 Sustainable Businesses is indicative of their unwavering dedication to sustainable practices. The 10-year milestone of the CSI award propels SCG to further enhance its sustainable development strategies, reinforcing a corporate ethos that values environmental, social, and governance aspects equally. As they continue to innovate and implement impactful projects, SCG sets a compelling example in the Vietnamese business community, demonstrating that sustainable development is an achievable goal with substantial collective effort.