SCG Co-Chairs A Newly Launched World Economic Forum’s Community To Deliver A Just Energy Transition in ASEAN Including Vietnam

Ho Chi Minh City, February 10th 2023: The World Economic Forum launched a new community to help deliver a Just Energy Transition in ASEAN. This community is co-chaired by CEOs from SCG and PETRONAS with the objective to drive decarbonization efforts that are pragmatic and fair. 

The 2023 World Economic Forum meeting in Davos, Switzerland marked the inaugural meeting of the ASEAN Leaders for Just Energy Transition. Mr. Roongrote Rangsiyopash, President and Chief Executive Officer, SCG and Mr. Muhammad Taufik, President and Group Chief Executive Officer, PETRONAS are the Co-Chairs to drive activities for the region’s energy transition. 

Mr. Roongrote Rangsiyopash, President and Chief Executive Officer of SCG said, “This community gathers Southeast Asia’s most ambitious, impact-oriented companies across sectors such as energy, finance, agribusiness, materials, infrastructure, and mobility to strengthen the intra-regional and international public-private cooperation and drive the actions required to accelerate a just and inclusive energy transition.”. 

Southeast Asia has a current population of 680 million people with rapid economic growth. Recent trends have been observed that fossil fuel use is growing rapidly and renewables are more than doubling. Although many countries have increased their energy and climate policy ambitions to achieve carbon neutrality and curbing reliance on coal-fire power, the COVID-19 pandemic and the global energy crisis are jeopardizing the pace of the energy transition. 

For Vietnam, the carbon emissions are on a distinctly upward trajectory, with the volume of carbon discharged doubled across the course of 10 years since 2009. This puts the country at the forefront of the energy transition process, and most recently it has signed on to the Just Energy Transition Partnerships, showing the strong commitment to bringing down the volume of greenhouse gas emissions. 

“With global consensus towards net zero by 2050, countries must find their unique energy transition pathway. Aside from prompt actions, public-private, regional and international cooperation will be essential to securing a prosperous and just energy future for the region”, said Roongrote Rangsiyopash.

The ASEAN’s Leaders for Just Energy Transition will leverage the Forum’s global public-private cooperation platform to shape, tailor, and drive the execution of relevant initiatives in Southeast Asia, adopting relevant global initiatives. It will also enable sharing insights and perspectives regarding Southeast Asia’s energy transition, and engage in cross-industry, cross-regional dialogues with public sector figures, policymakers, industry associations, and other relevant industry players from the region and the world. Its goal is to help accelerate ASEAN countries' energy transition.

Joining the new community is among SCG's numerous efforts in advancing energy transition. SCG has ramped up its renewable energy endeavors by 78%, with its smart grid project contributing to a 30% reduction in energy costs and a decrease of 3,670 tons of CO2 per year. Research-focused energy-saving product solutions have also been emphasized and resulted in a growth rate exceeding 40% for the company in 2022.

In Vietnam, SCG is dedicated to providing relevant solutions and actively joining in public-private partnerships to support the implementation of initiatives and share experiences in ESG practices to bring down the carbon emissions. The company also takes part in cross-sectoral and inter-regional dialogues with partners, policymakers, industry associations, and other relevant companies to promote ESG principles. In June 2022, SCG joined as the key speaker of Vietnam’s “Kick-Off Conference to develop national action plan toward Circular Economy'' - the large scale event hosted by the Ministry of Environment and Natural Resources (MONRE) to call for collaborations in Circular Economy, reaching the goal of Net Zero for Vietnam by 2050. The company also plays a key role in the first Public-Private Collaboration for implementation of Circular Economy in Plastic Waste Management - a joint project between SCG, Dow Vietnam, Unilever Vietnam and MONRE.

After these efforts, as co-chair of WEF’s Just Energy Transition Community in ASEAN region, SCG will continue to drive ESG practices in Vietnam, focusing on energy transition process, by sharing the company’s leading expertise, strong regional network and resources with local partners, to work together toward the country’s goal of carbon neutrality and a sustainable future. 

Other News


C.P.Vietnam corporation operates with 3 benefits towards sustainability, including benefits for the country, for the people and for the company.


● As Tet holiday, the Year of Quy Mao 2023, is approaching, Mondelez Kinh Do, together with the community, brings a meaningful Tet to unprivileged children across the nation through various activities as part of the “See Kinh Do, Give Tet” program. ● Mondelez Kinh Do has deducted 10% of the revenue generated from the sales on the special day on 12 Dec, on two e-commerce channels, Lazada and Shopee, to sponsor the program.

SCG offers eye cataract surgery for patients with eye problem in Ba Ria - Vung Tau: Sharing the Brighter vision for better life

Ba Ria - Vung Tau Province, December 8th, 2022 – SCG Sharing the Brighter Vision 2022, SCG in collaboration with Ba Ria - Vung Tau Eye Hospital, Ba Ria – Vung Tau Youth Union, has been held in Ba Ria - Vung Tau province (BR-VT) for the first time. It has provided free eye health examinations for 600 local residents, successfully performed 100 cataract surgeries, and equipped the local public with essential knowledge on eye health via training sessions. The first batch of 50 patients had operations from November 29th – December 1st.

The Central Association Council in collaboration with SCG held the SCG Sharing the Dream 2022 scholarship program

December 20th, 2022 - The Central Association Council in collaboration with SCG held the SCG Sharing the Dream 2022 scholarship program for pupils, students under the theme “Sustainable Future Starts From Your Dreams”. The program provided scholarships to 100 pupils and 100 students nationwide along with post-scholarship training activities worth a total of 2 billion VND. The program reaffirms the commitment of the Central Association Council and ESG strategy of SCG in empowering the young generation to realize their “big dreams” for a sustainable future of the country. This marks an important milestone in the 15-year journey of SCG Sharing the Dream scholarship.

AES Vietnam presents Tet gifts to nearly 300 disadvantaged households and children in Binh Thuan and Quang Ninh provinces

Jan 6 2023 - Today, representatives from AES Vietnam visited and presented Tet gifts to a number of disadvantaged households in Song Phan and Son My Communes, Ham Tan District, Binh Thuan Province as part of the celebration of the upcoming Tet (Lunar New Year) festival.

C.P. Vietnam Corporation donated the Department of Animal Health 5000 Salbutamol test kits

Facing the situation of importing cattle from abroad into Vietnam, salbutamol is used, making consumers worry. In order to ensure a safe food supply to consumers, on January 3, 2023, Mr. Vu Anh Tuan - Senior Vice President, and Mr. Natipong Lampa – Vice President, representatives of CPV presented the Department of Animal Health with 5000 Salbutamol test kits, representatives of the Department of Animal Health with Mr. Nguyen Van Long received gifts.

Nokia takes ESG strategy to next level of impact

Nokia announces a new enhanced ESG strategy designed to maximize Nokia’s impact where its technology, solutions and capabilities combine to address some of the biggest global challenges and create value.

Committed to build a better future in Vietnam, Coca-Cola continued projects and programs to protect environment

The projects were cooperated by Coca-Cola Vietnam and partners UNESCO, GreenHub and others.

BAT Vietnam releases ESG report 2021

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.