Sustainable activities are becoming more and more popular in Vietnam. However, ESG standards are still very new, while the three environmental - social - governance aspects of ESG are the focus of sustainable investment. No longer a trend, ESG is now considered the key to strong and long-term development in all fields.
Let's learn about the concept and 3 important criteria of ESG with HVA.
ESG is an acronym for Environment, Social and Governance. This is a set of three standards to measure factors related to the orientation and sustainable development activities of enterprises. ESG helps organizations identify risks and opportunities, as well as the level of impact when applying them to operations.
ESG includes three main elements:
1. Environment: Assess the impact of business operations on the environment. ESG-aware companies focus on reducing greenhouse gas emissions, managing natural resources sustainably, and supporting renewable energy.
2. Social: Measures how a business treats its employees, customers, communities, and other stakeholders. Criteria include labor practices, employee rights, the abolition of slavery, and fair business practices.
3. Governance: Focuses on how the business is managed and controlled. This includes risk management, corporate ethics, ability to cope with challenges and ability to comply with regulations and legal standards.
ESG not only helps businesses build a positive reputation, but is also a useful tool in the investment decision process. More and more investors are focusing on businesses that implement a strong ESG strategy, as they realize that sustainability not only creates value for the community but also brings sustainable business benefits in the long term.
Therefore, ESG is not just a trend but a comprehensive management strategy, reshaping the way businesses see and approach the market, from enhancing performance to reshaping organizational culture. Overall, ESG is playing an important role in building a sustainable and positive global economy.
HVA – Striving Towards ESG Standards
In the context of the global shift towards sustainability, HVA Investment Joint Stock Company has quickly recognized the importance of ESG for long-term success. Known for its long-term vision and commitment to social responsibility, HVA has been trying to incorporate ESG into its business strategy.
HVA not only emphasizes ESG compliance as an ethical commitment, but also sees it as an opportunity for sustainable development and long-term value creation for both the business and the community. In today's era, focusing on ESG is not only a trend but also a key to prosperity and comprehensive progress. HVA is currently taking steps in this transformation journey and is committed to continuous improvement to achieve a sustainable and prosperous future.
