(Credit: DTCK) If in the last 2-3 reporting seasons, "emerging" names such as Century Fiber (STK code), Gia La...
(Credit: DTCK) If in the last 2-3 reporting seasons, "emerging" names such as Century Fiber (STK code), Gia Lai Energy (GEM code), Everpia (EVE code) ... Considered only as a "phenomenon", in this reporting season, these companies are getting better and better and deserve to be classified as companies with good sustainability disclosures.
Century Fiber (STK)
With the main and cross-cutting message "reduce carbon footprint, fight climate change", STK won the first prize in the Sustainability Report for the first time. Over the past 6 years, STK has consistently been on the list of the top 10 sustainability reports and won third and second prize in 2020 and 2021 respectively, in direct and fair competition with large-cap companies.
Since 2016, when hundreds of major fashion brands such as Nike, Adidas, Puma, H&M, Hugo Boss... With the commitment to increase the market share of recycled polyester to 45% by 2025, STK predicted that the demand for recycled fibers will explode in the future, so it decided to make this fiber a key product, a growth driver for the company in the medium and long term
In terms of revenue, with the requirement for rules of origin as part of environmentally friendly free trade agreements, the demand for recycled yarns is increasing, which benefits Century Yarn's business.
With an innovatively presented sustainability report, STK has done a very good job of providing shareholders, investors and stakeholders with a complete picture of the fight to "reduce carbon footprint, fight climate change".
Vinamilk (VNM)
Vinamilk's 2021 Sustainability Report, whose theme is "Creating Trust – Sharing Prosperity", clearly illustrates how Vietnam is building trust and pursuing its sustainable development goals.
From a stakeholder engagement perspective, Vinamilk has set up a Local Management Group (LMG) to help the company provide advice on important issues to stakeholders. The LMG team, along with a series of activities and stakeholder surveys on key areas, have likely helped Vinamilk have a clearer view of its stakeholders' needs.
Gia Lai Energy (GEG)
This year marks the return of Gia Lai Electricity Joint Stock Company (GEG) in the top enterprises with the best sustainable development reports.
From the outset, the report provides an overview of global climate change and Vietnam's commitment to Vietnam net zero at COP26, it's also a message bout the impact of GEG on the industry and operational concentration.
GEG is one of the few leaders in publishing statistical information and measuring emissions under GRI 305, especially greenhouse gasses. With 20 renewable energy plants and 34 attic systems with a total capacity of nearly 600 MWp, GEG contributed to reducing emissions by 1.2 million tons of CO2, increase 534,210 tons compared to 2020 (47%). The cumulative reduction in CO2 emissions since the Company's establishment in 1989 until now has reached 8.5 million tons, equivalent to nearly 3% of total greenhouse gases.
TTC Bien Hoa (SBT)
This year, SBT continues to make its mark among the top listed companies with the best quality sustainable development reports. The report demonstrates the logic and close connection between integrated strategic objectives and sustainable development goals, participation and accountability at all levels, stakeholders in sustainable governance, measures of its value and impact in accordance with regulations, common standards as well as industry.
Moreover, SBT report clearly illustrates the measurement and management of environmental impacts from emissions and waste throughout each major activity and product. SBT needs to continue to focus on the central issues related to climate change and greenhouse gases associated with is "green and circular" supply chain.
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