Sustainable development has become an apparent trend in the world as well as in Vietnam. However, as sustainable development covers many fields, measuring corporate efforts is always a tough issue for all stakeholders, including businesses, authorities, investors and the public as a whole. For that reason, the Corporate Sustainability Index (CSI) is developed as a gauge of corporate values based on sustainable development criteria in the fields of economy, environment and society, and a tool to record measured items and manage changes for the sake of better corporate sustainability. CSI will include criteria appropriate to the country’s political and social context as well as international practices.
The CSI development group, set up by VBCSD, comprises experts from governmental agencies, domestic and international non-governmental organisations, VBCSD members and independent experts with the purpose of developing and supporting the application of CSI in Vietnam. CSI will be finalized before mid-2015 and piloted in some companies for modification and adaptation to reality.
On 10th of March, representatives of six Business Councils for Sustainable Development (BCSDs) from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam participated in the meeting of the Action 2020 in Southeast Asia (SEA Action2020) Project in Bangkok, Thailand. At this meeting, the deputies introduced their Councils’ sub-projects under the umbrella of SEA Action 2020 and updated the progress of those sub-projects.
Natural capital is a new way for business to think of the environment — a way that overcomes the current disconnect between economic growth and nature
Focused on finding “breakthroughs for inclusive and sustainable growth in ASEAN post 2015”, the ASEAN Next-Gen Corporate Social Responsibility Forum was held at the Laguna Resort in Bali, Indonesia from 3-7 February, with ASEAN Secretary General Le Luong Minh and Indonesian Coordinating Minister for Human Development and Culture Puan Maharani as guests of honour.
Following the award of USD 2.5 million to the first eight companies in October 2013, VBCF has decided to invest an additional funding of USD 6.5 million to 13 innovative and inclusive business ventures in three focus areas, including agriculture (42%), low carbon growth (33%), infrastructure and basic services (25%)
Low productivity is the main factor hampering competitiveness - the key to economic growth. Vietnam is at risk of being left behind in the economic development race if its productivity disadvantages are not addressed.
Every six month, VBCSD is honored to have a meeting with the Deputy Prime Minister cum Chairman of the National Council for Sustainable Development and Competitiveness Improvement.
This year, the Low Carbon Economy Index (LCEI) is being launched in the run up to the critical series of international climate meetings and negotiations that are kicking off in New York, then moving on to Lima and Paris by December 2015.
How to improve the quality and sustainability of the tea industry is the main content of the conference recently held by the Ministry of Agriculture and Rural Development (MARD), Unilever Vietnam and some international consulting organisations in Hanoi.
Unilever is one of the world’s leading multinational companies specializing in food, home, personal care products. Unilever is now operating in over 150 countries and territories in the world. Its commitment is to improve quality of life for people around the world through its high quality products & services.
Innovation of technology in manufacturing is a key factor in creating a green and sustainable economy. In which, businesses play an important role by investing in new technologies and manufacturing model innovating.
