Hanoi, Vietnam, December 06, 2017 – Today, a ceremony was held at the Viet-Xo Friendship Cultural Palace to honor leading sustainable companies in Vietnam in 2017. The event was well attended by enterprises of various fields and sizes with the presence of distinguished guests who are leaders of governmental bodies, ministries and relevant state agencies. At the event, the Vietnam Business Council for Sustainable Development (VBCSD) under Vietnam Chamber of Commerce and Industry (VCCI) announced the list of 100 sustainable companies in Vietnam in 2017. With its significant efforts and outstanding contributions, Coca-Cola Vietnam was officially named among the Top 10 most sustainable companies in production sector as the company has achieved high ranking in all criteria required by the Corporate Sustainability Index for sustainable development in economic, social and environmental aspects.
“Over the past years, Coca-Cola has always been pursuing the vision in promoting innovative sustainability initiatives to create positive values for the community where we operate. At the same time, we want to integrate our global brand’s experiences and values in fostering local initiatives that contribute significantly to the community’s sustainable and inclusive growth like providing access to clean water, accelerating women economic empowerment, and encouraging better management and recycling of wastes, to name just a few. Proud to be among the top 10 of 100 sustainable companies in Vietnam in 2017, we are commited to making continuous efforts to create more positive values for Vietnam’s socio-economic development,” said Mr. Sanket Ray, CEO of Coca-Cola Vietnam.
Sustainable development has become the ultimate goal of countries all around the world. In line with this strategy, the business community plays a critical role in realizing the nation’s development directions. This program on benchmarking and ranking the most sustainable companies in Vietnam is organized annually with an aim to promote and honor enterprises who have made substantial contributions to the country’s sustainable development goals. “Sustainable companies honored in this program will witness significant changes in the way they do business. Once enterprises incorporate sustainable development goals in business strategy and find ways to materialize these goals – such as by making Sustainability Report or applying Corporate Sustainability Index, there will definitely be huge progress in terms of business management, investment attraction, competitiveness and capacity improvement; and the foundation for enterprises’ sustainable growth will be further strengthened” said Mr. Nguyen Quang Vinh, VCCI’s vice general secretary, VBCSD’s vice president.
For sustainable production, Coca-Cola targets to minimize environmental impacts across the whole value chain and develop a smart factory model utilizing renewable energy, solar energy and advanced waste treatment system. Sustainable growth also comes from the introduction with the vision to be a total beverage company where we provide a variety of high quality products with reduced sugar level and innovative formula, offering necessary nutrients and features that best meet consumers’ diverse needs. Aside from production investment, Coca-Cola also gives priority to nurturing Vietnamese talent pool through improving local workforces’ capability and growing a specialist team with high expertise of global standards. Until now, the company recruits about 2,500 employees, more than 99% of whom are Vietnamese, and continues to earmark US$1.4 million every year for talent recruitment and development.
In 2017 alone, Coca-Cola has invested approximately US$1.5 million in corporate social responsibility (CSR) activities. A number of fruitful community programs have been introduced, including the supply of clean, safe drinking water to local people through EKOCENTER concept. Alongside with providing clean water and necessities, EKOCENTERs also organized a series of business start-up training courses for local women and developed the model of social enterprises. Moreover, Coca-Cola puts great emphasis on supporting climate change control and agriculture development in Mekong Delta region, particularly in piloted provinces of Dong Thap, An Giang and Long An. And last but not least, to help enhance the performance of small- and medium-sized enterprises (SMEs), Coca-Cola has continuously provided mentorship, consultancy and support for SMEs to boost their competitiveness, making them well-prepared for joining the global supply chain.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, offering over 500 brands to people in more than 200 countries. Of our 21 billion-dollar brands, 19 are available in lower- or no-sugar options to help people moderate their consumption of added sugar. In addition to our namesake Coca-Cola drinks, some of our leading brands around the world include: AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut water. At Coca-Cola, we’re serious about making positive contributions to the world. That starts with reducing sugar in our drinks and continuing to introduce new ones with added benefits. It also means continuously working to reduce our environmental impact, creating rewarding careers for our associates and bringing economic opportunity wherever we operate. Together with our bottling partners, we employ more than 700,000 people around the world. For more information, visit our digital magazine Coca-Cola Journey at www.coca-colacompany.com, and follow The Coca-Cola Company on Twitter, Instagram, Facebook and LinkedIn.
About Coca-Cola Vietnam
Coca-Cola is one of the best-known international brands in Vietnam. Coca-Cola Vietnam's factories in Ho Chi Minh, Da Nang and Hanoi recruit about 2,500 employees, more than 99% of whom are Vietnamese. The Company's portfolio in Vietnam includes Coca-Cola, Coca-Cola Light, Coke Zero, Sprite, Fanta, Minute Maid Nutriboost, Minute Maid Teppy, Schweppes, Dasani and Aquarius. Since 2017, to meet the fast changing in tastes and demands of consumers, Coca-Cola Vietnam has proactively diversified its high quality portfolio with the promotion of packaged juice and tea products. Coca-Cola Vietnam has considered sustainable development as the core of its business activities which include organizing safe and healthy working environment, setting priority to training employees. Several sustainable development projects were also expressed by detailed goals of energy saving, effective water use and water balance. Coca-Cola continues building sustainable communities in locations where the company operates. From 2010, Coca-Cola has invested millions of USD in community projects in Vietnam, including projects building EKOCENTER, providing clean water, empowering women and local SMEs, supporting families in hardship, and sending disaster relief.