Bao Viet continues to be honored in the Top 10 Sustainable Enterprises of Vietnam 2024. This is the 9th consecutive year Bao Viet has been honored with this award.
9th year in the top sustainable enterprises in Vietnam
On November 29, the announcement ceremony of Vietnam Sustainable Enterprises 2024 (CSI 2024) organized by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnam Business Council for Sustainable Development (VBCSD) took place in Hanoi.
Surpassing hundreds of candidates who are enterprises with positive contributions to sustainable development activities during the year, Bao Viet continues to be honored in the Top 10 Sustainable Enterprises of Vietnam 2024. This is also the 9th consecutive year that Bao Viet is one of the outstanding sustainable enterprises of Vietnam in the field of trade and services.
The CSI 2024 program is implemented by VCCI with the most notable improvement being the division of the enterprise assessment system into 3 areas: manufacturing, trade - services and mixed (including the above 2 areas). Depending on the industry group, the weight of the economic, environmental and social contents will be different, suitable for the specific industry and production - business activities of the enterprise, thereby ensuring fairness in the assessment for each enterprise.
This year, the CSI program attracted nearly 500 enterprises nationwide, from different types and sizes of enterprises to submit applications, through which the Organizing Committee has preliminarily screened and selected 142 applications for official evaluation. Notably, participating in the program this year, the rate of domestic enterprises and new enterprises participating for the first time also recorded outstanding growth compared to the past 3 years, at 62% and 35% respectively. This figure shows that the level of interest in sustainable development of domestic enterprises has improved significantly - this is a welcome signal reflecting the change in awareness and action of Vietnamese enterprises, towards transformation and sustainable business practices.
The CSI 2024 announcement ceremony honored 100 outstanding sustainable enterprises in both the manufacturing and trade-service sectors. The program also evaluated and selected pioneering enterprises that performed well in two thematic categories: implementing the circular economy and reducing greenhouse gas emissions, and building and implementing diverse, equitable and inclusive values.
Participating and achieving high rankings in the rankings for 9 consecutive years reflects Bao Viet's continuous contributions in joining hands with the business community to promote sustainable development in Vietnam.
Sustainable Development Efforts
Aiming for sustainable development, Bao Viet Insurance is committed to contributing to the country's economic development.
According to the profit distribution plan, in December 2024, Bao Viet will spend more than VND 745 billion to pay cash dividends, equivalent to 10.037% of the par value of shares. In addition, Bao Viet also allocates funds for social security activities such as: investing in education; upgrading medical infrastructure; building charity houses; overcoming the consequences of natural disasters...
The theme “Living sustainably with Bao Viet” was also chosen as the message throughout Bao Viet’s Sustainable Development Report this year to strongly affirm the company’s commitment to accompanying customers, shareholders and the community on the journey to build a sustainable future.
Over the past time, the company has been continuously recognized in many prestigious awards.
At the National Brand Product Announcement Ceremony, the company received the Vietnam National Brand 2024 logo for Bao Viet Life Insurance Services and Bao Viet Non-Life Insurance Services.
Vietnamese enterprises have also been recognized and ranked as Sustainable Enterprises for two consecutive years in the Dow Jones Sustainability Indices - DJSI group and continue to be recognized in the Corporate Sustainability Assessment (CSA) of S&P Global.
Ngoc Minh
Source: https://vietnamnet.vn/bao-viet-duoc-vinh-danh-top-10-doanh-nghiep-ben-vung-viet-nam-2348766.html
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