British American Tobacco (BAT) Vietnam has just released its ESG Report 2021, becoming the tobacco industry’s pioneer in Environmental, Social and Governance (ESG) reporting and marking the celebration of its 27-year journey in Vietnam.
This document provides a strategic vision with clear standards and goals and offers an overview of BAT Vietnam’s sustainability activities and performance in 2021.
ESG Report 2021 of BAT Vietnam
The highlight of BAT Vietnam’s report is the excellent implementation in each area of Environment, Social and Governance – known as ESG which is becoming increasingly popular worldwide and is part of the United Nations action plans.
Regarding Environment, the company has undertaken a wide range of initiatives relating to climate change, water management, and zero-waste to landfill at operation sites, as well as biodiversity and afforestation. Significant results include a 100% switch to LED lamps at both operations sites, reducing the average annual energy usage by 12%, equivalent to 302 tons of CO2 emissions (vs 2018) and achieving zero waste to landfill at both sites. In addition, over 99% of its waste was recycled while 100% of wood used for tobacco curing by farmers in its supply chain is from sustainable sources.
100% switch to LED lamps at both operations sites is one of BAT Vietnam's activities to reduce environmental impact
Regarding Social, BAT Vietnam is committed to enhancing the livelihoods of all farmers and respecting the rights of people across its entire supply chain and operations. Aiming for zero accidents company-wide and ensuring a safe working environment for employees are the top priorities of BAT Vietnam. 2021 marked a number of milestones such as 12 years accident-free at BAT Vietnam, successfully operating the “stay-at-work” model during prolonged Covid-19 and sustaining training and development with 21 promotions and over 5,000 learning hours across the organization despite 2021 being a challenging year for the world of businesses and Vietnam’s economy.
Regarding Governance, BAT Vietnam ensures 100% adherence to its Standards of Business Conduct (SoBC) and its Youth Access Prevention (YAP) guidelines. Especially, in 2021, BAT Vietnam was named as a winner at Asia Responsible Enterprise Awards in the Corporate Governance category for its “Delivery with Integrity” program.
Mr. Daniel Hsu, BAT Vietnam’s General Manager, said across the Group, BAT is transforming its business with its leading purpose to build A Better TomorrowTM by reducing the health impacts of the business.
“Through the initiatives that have been undertaken within BAT Vietnam, we continue to reduce environmental impacts and promote a shift towards a circular economy. Water and energy efficiency programs are some of our highlights of 2021, showing a promising future for our sustainability goals and ambitions”.
On this journey, BAT Vietnam’s sustainability goals are well aligned with the agenda of the Group and at the same time joining hand with the business community to contribute to Vietnam’s National Agenda for Sustainable Development 2030 according to the 17 Sustainable Development Goals (SDG) by United Nations. These are backed by clear and measurable goals and targets for each pillar of ESG.
For further information, please read BAT Vietnam’s ESG Report 2021 here.
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