Hanoi, Vietnam, November 22, 2018 – The announcing ceremony of sustainable enterprises in Vietnam 2018 has been organized, gathering enterprises of different fields and scales along with the attendance of distinguished guests including governmental leaders and relevant ministries and agencies. At the event, the Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI) announced the Top 100 Sustainable Businesses 2018 in Vietnam, in which Coca-Cola Viet Nam was officially recognized as the second most sustainable enterprise in manufacturing sector. The company has obtained outstandingly high scores for VCCI’s Corporate Sustainability Index (CSI), which assesses the business’s sustainability in three scoring factors: Economy, Environment and Society.
Talking about this recognition, Legal and Public Affairs Director of Coca-Cola Indochina - Ms. Le Tu Cam Ly shared: “During almost 25 years of operating in Vietnam, Coca-Cola has firmly established our position as a key and trusted partner of the country. Embracing sustainable development based on the core value of “global brand, local stand”, we constantly boost our innovative portfolio to offer Vietnamese consumers full choices fitted their demands and lifestyle. Furthermore, Coca-Cola has been supporting enterprises in developing local capabilities to engage more deeply into the global value chain. Up to 80% of our suppliers are now Vietnamese enterprises, accounting for 70% of cost of goods sold from local supply. Simultaneously, Coca-Cola in partnership with NGOs and local government are carrying out community programs that provide access to clean water, supporting women empowerment, and promoting plastic waste management to bring about positive changes for Vietnamese people.”
Coca-Cola’s sustainability strategy in Vietnam has been set forth for both business and social perspectives. Regarding business perspective, Coca-Cola is developing the model of Smart Factory and continues to be the pioneer in integrating information technology into operations management, utilization of green energy, automation of the manufacturing process, development of local talents, world class quality and environment responsibility. As a total beverages company, Coca-Cola focuses on product innovation to provide quality drinks that fully meet consumers’ demands and lifestyle. In October 2018, Coca-Cola launched the very first RTD coffee product Georgia Coffee Max using 100% sourced from Vietnam’s Robusta Coffee. Georgia Coffee Max is a testament for Coca-Cola’s deep understanding of local consumers’ taste and habit that brings to life a product of international brand made-to-order for Vietnamese people. The introduction of a full array of new products from juice and fruit milk to tea, sport drinks and RTD coffee emphasizes the company’s strategy on product innovation to address the rapid growth and diversity of Vietnam market. This also demonstrates Coca-Cola’s core value of “global brand, local stand”.
In society perspective, Coca-Cola has implemented various programs that positively impact the everyday lives of Vietnamese citizens, from creating wider access to clean and safe water for communities, to helping develop local capabilities to enhance SMEs’ competitiveness and participation in the global value chain, and supporting women empowerment and successful entrepreneurship. The flagship program EKOCENTERs has been developed nationwide with 11 units by the end of 2018, integrating Coca-Cola’s sustainability priorities of Water, Women, Well-being and Plastic Waste Management.
In 2018, Coca-Cola launched World Without Waste objective at a global level to collect and recycle the equivalent of 100% of the packaging the company sells by 2030. In Vietnam, Coca-Cola is working with UNESCO, British Council and Vietnam Chamber of Commerce and industry and civil organizations to join hand with the Vietnamese government for the awareness raising and education on plastic waste management, towards a public – private partnership with government, NGO, and businesses. Particularly, the educational program under “Clean water for Vietnamese schools 2018” project carried out in Da Nang lately has attracted great attention from students and local residents.
Coca-Cola’s enduring efforts and contributions in Vietnam have been fully recognized in the sustainable business ranking. This once again demonstrates the company’s long-term and consistent commitment in creating shared values for the country through successful business operation as well as sustainability projects that benefit the local community over the past years.
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 rank among the world's top 10 private employers with more than 700,000 system associates. 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 create some 4,000 direct jobs while supporting a further number of indirect jobs, which is six- to eight-time higher, through the company’s value chain. Aiming to become a total, consumer-centric beverages company, Coca-Cola has continuously invested in product innovation and provided a diversity of quality beverages products, including less-sugar and zero-sugar product lines, while diversifying packaging and expanding business coverage. 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 like Fuzetea+ and Georgia RTD coffee. 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. For more information, visit our digital magazine Coca-Cola Journey Vietnam at https://www.cocacolavietnam.com/.
For more information, please contact:
Vũ Thanh Trúc (Ms.)
PR and Sustainability Manager