Labor Hero Thai Huong honored as sustainable development leader

Việt NamViệt Nam21/12/2023

The world's leading awards ceremony for business

The Le Fonti Awards were founded in 2008 in Italy by Le Fonti - a business community of more than 10.5 million members. The awards are finally judged by Le Fonti's Scientific Committee, together with a group of prestigious journalists, legal, economic and financial experts based in more than 120 countries. Le Fonti conducts a particularly rigorous selection of nominees to honor corporations with profound influence in the global economic community.

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Labor Hero Thai Huong was honored as leader of the year, in the category of Global Sustainable Development. Photo: TH Group

The Le Fonti Awards is also considered one of the world's leading awards ceremonies for the business community. Held annually in influential financial centers around the world such as Hong Kong, Milan (Italy), New York (USA), London (UK), Dubai (United Arab Emirates), Le Fonti honors businesses and entrepreneurs with outstanding achievements in the fields of business innovation, leadership philosophy, technological breakthroughs, employee engagement, etc.

The Le Fonti Prize has named entrepreneurs and leaders such as Jeff Bezos (Chairman and CEO of Amazon), Elon Musk (Chairman and CEO of Tesla), Warren Buffett (Chairman of Berkshire Hathaway), Mark Zuckerberg (Chairman and CEO of Meta), Bill Gates (Honorary Chairman of Microsoft), Mary Barra (Chairman and CEO of General Motors), Naser Taher (Chairman of MultiBank Group)...

Ms. Thai Huong - Hero of Labor in the renovation period of Vietnam, founder, Chairman of the Strategy Council of TH Group, General Director of Bac A Commercial Joint Stock Bank, conquered the Le Fonti Scientific Committee as the successful creator of high-tech agricultural projects with the strategy of using Vietnamese intelligence, Vietnamese natural resources and the world's terminal technology to promote agricultural production with the motto "Cherish Mother Nature, she will give you everything".

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TH farm cluster in Nghia Dan district. Photo: TH Group

TH Group, founded by her, is a model of sustainable development, a pioneer with many contributions to green economy, circular economy, and knowledge economy in Vietnam. Her projects all implement a very systematic sustainable development strategy according to international GRI standards with 6 pillars: Nutrition - Health, Environment, Education, People, Community and Animal Welfare.

She is the first and only representative of Vietnam to be honored by CSRWorks International in the list of top 10 "Women for Sustainable Development" 2021 in Asia. Previously, the American Financial Magazine (Forbes) voted her into the top 50 powerful businesswomen in Asia for many consecutive years for changing the nature of the dairy industry in Vietnam. She is also the only businesswoman in Vietnam to be voted for the Outstanding Achievement Award for Community Contribution in Dubai (UAE); the Powerful Businesswoman Award at the World Knowledge Forum (WKF); the Stevie Award for Outstanding Businesswoman, Outstanding Businesswoman in Asia, etc.

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TH Group's dairy cows. Photo: TH Group

Pioneering in creating green production and sustainable economy

Ms. Thai Huong is the one who successfully carried out the clean fresh milk revolution and the nutrition revolution for Vietnamese people, pioneering the economy under the forest canopy, creating livelihoods, eliminating hunger, reducing poverty for people, and preserving the environment. Starting her career in the agricultural sector with the TH true MILK clean fresh milk project, Ms. Thai Huong is the one who contributed to ensuring food and nutrition security in Vietnam (This project has set a record for the world's largest closed-loop high-tech dairy farm cluster, TH true MILK clean fresh milk currently holds 45% of the fresh milk market share in Vietnam).

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Ensuring animal welfare at TH Group's farm. Photo: TH Group

As the initiator of the National School Milk Program, she always wants to bring the best to children, serving the mission "For Vietnamese stature". The TH Group led by her has accompanied the Vietnamese education sector to research school meal models and many activities to improve children's nutrition and physical fitness.

She is also consulting on investment for sustainable agricultural development projects in the Northwest, Western Nghe An, Central Highlands... regenerating forests, preserving and exploiting indigenous herbs to help people develop the economy, eliminate hunger, reduce poverty, and preserve the environment - a place that provides clean water and ecosystems for the whole community.

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The "School Milk" program was initiated by Ms. Thai Huong. Photo: TH Group

Her successful sustainable development models continue to be replicated with major projects in the Russian Federation, Australia, etc. As Chairwoman of the Vietnam Association of Women Entrepreneurs, she has made many contributions to promoting the activities of female entrepreneurs and sustainable development in Vietnam.

At the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), Vietnam and 147 countries around the world committed to reducing net emissions to "zero" by mid-century. This message was further emphasized by Prime Minister Pham Minh Chinh at COP 28, which was held in Dubai in late November and early December 2023. Vietnamese businesses are working hard to join the Government in achieving this goal - with TH Group at the forefront.

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On the roofs of TH Fresh Milk Factory or Dairy Farm Cluster, TH has installed solar power systems. Photo: TH Group

Ms. Thai Huong has oriented the group to become one of the outstanding enterprises in the high-tech agricultural industry in Vietnam, pioneering in creating green production and a sustainable economy. From thinking to action, from management to implementation, TH focuses on 3 activities: Reducing greenhouse gas emissions; switching to using green energy sources, renewable energy and absorbing greenhouse gases.

Continuously implementing initiatives, TH Group has set a target of reducing direct greenhouse gas emissions at farms and factories by an average of 15%/year in the scope of direct greenhouse gas emissions. The target of reducing the total scope of direct and indirect greenhouse gas emissions per unit of product at TH factories and farms is also an average reduction of 15%/year. With many synchronous solutions and drastic actions, in 2022, TH's farm system has reduced by an average of more than 20%/unit of product, exceeding the set plan.

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Harvesting grass at TH Group's raw material field. Photo: Dinh Tuyen

With the transition to using green energy sources, right from the first clean fresh milk project, TH Group has invested in the world's most advanced technology. Since then, all activities of TH Group have followed the principle of using environmentally friendly materials, green energy, and renewable energy. On the roofs of TH Clean Fresh Milk Factory or Dairy Farm Cluster, TH has installed solar power systems. In 2022, TH farm connected to the grid approximately 7 million kWh (meeting nearly 10% of electricity consumption at the farm unit), equivalent to reducing/recovering more than 4,500 tons of CO 2 / year.

In addition, TH leaders have proposed a strategy to develop green tree planting areas (including forest protection and new planting) to absorb and compensate for the amount of CO2 emitted by the production process, ensuring the NET ZERO process as committed by the Government.


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