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Sustainable Development

  • Thursday, November 21, 2024
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Environmental, Social, and Governance (ESG) Report 

An ESG report (Environmental, Social, and Governance) is a document published by companies to showcase activities and outcomes related to three main aspects: Environmental, Social, and Governance. These are critical factors in assessing the sustainability and accountability of a company towards the community and stakeholders.

- Environmental: Covers environmental protection activities such as emissions management, resource use, ecosystem protection, and climate change mitigation.

- Social: Focuses on the company’s social responsibilities, including employee benefits, working conditions, labor safety, and contributions to the community.

- Governance: Describes organizational structure, management methods, and processes, including risk management policies, business ethics, transparency, and shareholder participation in corporate governance.

An ESG report is typically used to provide investors and stakeholders with a comprehensive view of the company’s capabilities and performance, not only in terms of production and finance but also in social and environmental impact. This enables stakeholders to make responsible investment decisions.

The process of creating an ESG report generally includes the following main steps:

1. Define objectives and scope:
- Identify the purpose and objectives of the ESG report (e.g., enhance transparency, meet investor demands, comply with legal regulations).
- Define the scope of the report, covering the environmental, social, and governance areas to be reported, as well as the reporting period.

2. Data collection and analysis:
- Collect data from relevant departments, including information on emissions, energy consumption, social policy implementation, and corporate governance.
- Use relevant ESG Key Performance Indicators (KPIs) based on industry standards, field-specific standards, or applicable regulations.

3. Impact and performance evaluation:
- Analyze collected data to evaluate the company's impact on the environment, society, and governance standards.
- Assess the effectiveness of implemented policies and measures, identifying strengths and weaknesses.

4. Report content development:
Draft the report, focusing on achieved results, challenges, and future action plans. An ESG report typically includes the following core sections:
- Overview of the company and report objectives.
- Summary of key results and impact of the company’s ESG activities.
- Challenges and ESG-related risks, along with mitigation measures.
- Stakeholder feedback: investors, community, employees, etc.
- ESG targets, required KPIs, and implementation plans.
- Appendix with metrics; references.

5. Information verification:
- Review data and report content to ensure accuracy, transparency, and alignment with international standards.
- Companies may invite third-party verification (if needed) to enhance credibility.

6. Approval and disclosure:
- Finalize and submit for leadership approval.
- Disclose the report through suitable channels: website, investors, conferences, seminars, etc.

An ESG report brings practical benefits to companies by enhancing reputation and brand image, building trust with investors and customers, and attracting responsible investment funds. Besides meeting legal requirements and enhancing transparency, an ESG report helps companies identify and manage risks related to the environment, society, and governance, driving sustainable growth. Publishing an ESG report also affirms the company’s commitment to social values and sustainable development, creating a competitive advantage in the global market.
 
If you need assistance with ESG report preparation, please contact:
 
GIC VIETNAM
12F, 14 Lang Ha Building, Ba Dinh District, Hanoi
Tel: 024.6275 2268, Fax: 024.6275 2269, Email: tuandm@gicvn.vn
Ho Chi Minh City Office: R502, 160 Nam Ky Khoi Nghia, Tel: 028.39307936

Chia sẻ:

Management System

  • ISO 9001

    Quality management system
  • ISO 14001

    Environmental management system
  • ISO 45001

    Occupational health and safety management system
  • ISO/IEC 27001

    Information Security Management System
  • ISO 56001

    Innovation management system
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Product Certification

  • Standards Conformity Certification

    Ensure products meet requirements for functionality, safety, performance, and stability.
  • Technical Regulations Certification

    Confirm that products and goods comply with technical regulations set by regulatory authorities.
  • CE Marking

    Confirms products sold in the European Economic Area meet high standards for safety, health, and environmental protection.

Improvement Tools

  • 5S Certification

    5S builds a professional image and fosters a dynamic, creative, and efficient work environment.
  • Lean Manufacturing

    Lean optimizes the production process by eliminating waste and increasing customer value.
  • KPIs

    KPI is a metric to evaluate goal achievement for a business, team, or individual.

Sustainable Development

  • ISO 46001

    Water efficiency management systems
  • ISO 14064-1 (GHG)

    Quantification and reporting of greenhouse gas
  • ISO 14067 (CFP)

    Carbon Footprint
  • ESG Reporting

    Enhancing brand reputation, attracting investment and effectively managing risks.
  • Singapore Green Labelling

    Green Label helps identify environmentally friendly products and enhances the company's image.

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  • 🔒 ISO/IEC 27001 ISMS Internal Auditor

    Provides knowledge and skills for internal auditing of ISMS ISO/IEC 27001:2022.
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12F, 14 Lang Ha Building, Ba Dinh District, Hanoi
Tel: 024.6275 2268; Fax: 024.6275 2269; Email: tuandm@gicvn.vn
VPĐD: R502, 160 Nam Ky Khoi Nghia, Ho Chi Minh City, Tel: 028.39307936
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