November 26, 2019 in Hanoi, Vietnam - Dow is named in the top 100 sustainable corporates in Vietnam at the announcement ceremony with the participation of Deputy Prime Minister Vu Duc Dam, Chairman of Vietnam Business Council for Sustainable Development (VBCSD), Leaders from the Ministry of Natural Resources and Environment, Ministry of Labor - Invalids and Social Affairs and related departments, local governments and international organizations together with the business community.

The top 100 sustainable companies were selected from 500 corporates participating in the VBCSD’s program on ranking the most sustainable businesses based on their corporate sustainability index. This year, the Corporate Sustainability Index (CSI) aligned with Global Reporting Initiative (GRI) standards and other international practices with 98 criteria, focusing on social - economic and environmental aspects which include business governance, responsible and environmental protection, resources and energy efficiency, employees training and development and social welfare policy, inclusive policy, integrity and ethics and compliance as well as the corporate social responsibility programs to help the community address the challenges.   

Nguyen Hoai Son, Corporate Affairs Manager of Dow VIetnam is receiving the CSI award in the top 100 sustainable companies in Vietnam

To be recognized as the best 100 sustainable enterprises under the CSI Program in Vietnam is a reputable award for corporate branding and reputation enhancement as well as a big recognition from the Government for good practices of sustainable development.

“Dow has been to Vietnam since 1995 and this is the first time that Dow has been honorably named in the top 100 sustainable companies in Vietnam,” said Ekkasit Lakkananithiphan, General Director of Dow Vietnam. “The Vietnamese government’s Award recognized our Dow continued efforts to be a key partner of Vietnam’s economic growth and prosperity for the long term, by providing more innovative and sustainable solutions to the manufacturing industries that help Vietnam address the challenges and enhance sustainability.”

In Vietnam, Dow has been not only proactively engaging with the government, non-governmental organizations, universities, agencies for piloting Dow’s new innovative and green technologies, but also, Dow has implemented a diversity of programs in 2019 in order to maximize community, environmental and economic values for better people’s lives. In particular, these initiatives include the following:

• First asphalt road using recycled plastics in Vietnam: The project pilots a circular economy solution to turn post-consumer recycled plastics into new, valuable resources. Dow is working to find new uses for post-consumer plastics to advance a circular economy, retain the value of plastics and keep waste out of the environment. The project brings together local governments, infrastructure investors, asphalt suppliers, waste collectors and the material science industry to help tackle the plastic waste issue in Vietnam.
• Dow Vietnam STEM Education Program: The project inspired students with Innovation and Entrepreneurship. Thousands of students from 06 top technology universities in Vietnam utilized their technical skills and innovative ideas to design, build and develop prototypes to address the country current challenges such as welfare community improvement, food safety and sustainability.
• Building the Workforce of Tomorrow: In partnership with Chemical Society of Vietnam, Dow organized 17 field trips to visit several state-of-the-art chemical plants in Vietnam for more than 700 chemistry students across the country to better their understanding about chemistry career and industry.
• Donation to Vinh Thanh 2 Primary School in Nhon Trach, Dong Nai: Dow partnered with the local government and customers to build a moveable roofing at the school-yard. The project provided the school better facilities and helped more than 800 pupils enjoy outdoor activities and exercises for good health in a safer manner.

Also, late October 2019, Dow Vietnam received the Corporate Social Responsibility (CSR) Recognition Award from the American Chamber of Commerce in Hanoi (AmCham) for its corporate sustainability initiatives in Vietnam, marking the fifth consecutive year that Dow has been named in the winner list.