VKPC has been ranked as 1 of the top 100 sustainable companies in Vietnam for three consecutive years
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Vietnam Business Council for Sustainable Development (VBCSD) gave certificates to the top 100 companies on sustainability as a part of the Vietnam Sustainable Business Assessment and Ranking Project. Vinakraft Paper Co., Ltd. (VKPC) in SCGP has been selected as one of the top 100 companies with outstanding sustainability performance for three consecutive years. The ranking project aims to encourage companies in Vietnam to conduct business according to the Sustainable Development Goals while maintaining economic, social and environmental development, and maximizing resource efficiency.
Mr. Sompob Witworrasakul, Chief Regional Officer, SCGP, said that VKPC is committed to operating a sustainable business through the ESG 4 Plus strategy: focusing on Net Zero – Go Green – Reduce Inequality – Enhance Collaboration Plus Trust through Transparency in all operations. The practice is consistent with the organization’s guidelines and Vietnam’s economic and social context. This is in line with the country’s goal of moving towards Net Zero and Going Green, starting with producing packaging from almost 100% recovered paper, developing innovations to improve products and production processes to reduce the use of resources and reuse them. Some initiatives include installing solar cells, reusing waste and turning them into energy, increasing the proportion of biomass energy use that helps reduce greenhouse gas emissions, and promoting the local economy.
“Being ranked in the Corporate Sustainability Index 100 (CSI 100) reflects that our strategies, goals, and business operation are headed in the right direction. They are also in line with Vietnam’s national development plan. VKPC is proud to take part in nurturing the environment and society toward advancement and sustainability,” Mr. Sompob added.