- News in Vietnam
- 14 February 2022
Nestlé Vietnam and the journey to becoming the most sustainable business in 2021
Returning to Vietnam in 1995, Nestlé Vietnam is operating four factories with a total investment capital of 730 million USD. On average, businesses buy 20-25% of Vietnam’s total coffee output to serve production and export, contributing about 700 million USD/year.
While solving the problem of combating climate change has not yet come to an end, the emergence of the Covid-19 epidemic has made Vietnam’s economy face challenges in all three fields of the economy – society – environment. Perhaps never before has the path of business sustainable development become so tricky.
HONOR SUSTAINABLE DEVELOPMENT ENTERPRISE AFTER ONE YEAR OF BUSINESS FLEXIBILITY
At the beginning of December 2021, the Vietnam Chamber of Commerce and Industry the Vietnam Business Council for Sustainable Development organized the Vietnam Sustainable Development Business Forum (VCSF 2021) with the theme “Towards A better decade of sustainable development: Leaving no one behind” and the Announcement Ceremony of Sustainable Enterprises in Vietnam (CSI 2021).
VCSF 2021 takes place in the context of the spreading Covid-19 pandemic and its heavy impact on Vietnam’s socio-economic development. From issues of health and safety of people, production and business activities of enterprises are stalled, broken along with the challenges of climate change and natural disasters that reduce people’s livelihoods.
It can be said that the sustainable development of Vietnam in all three fields of economy – society – environment is facing many challenges. Within the forum’s framework, the message of sustainable development and ways to deal with climate change has been deployed by the Organizing Committee through a series of seminars with the content: National strategy for green growth phase period 2021 – 2030.
Regarding CSI, after being organized for the first time in 2016, it has increasingly made a strong impression and spread in the business community in Vietnam. CSI 2021 has officially honored Nestlé Vietnam as the most sustainable enterprise in 2021, continuing to mark the mark of an international brand that has always made constant efforts to develop the community in a volatile fiscal year.
Sharing about this achievement, Mr. Binu Jacob – General Director of Nestlé Vietnam, said: “In all activities, Nestlé works closely with partners in Vietnam to “Create Common Value” which is to contribute to the general development of society while ensuring long-term business success, those goals, if they are to be sustainable, must be associated with a vision into the future.”
NESTLÉ VIETNAM AND THE MARKET OF BECOMING THE MOST SUSTAINABLE ENTERPRISES IN 2021
Among international businesses doing business in the Vietnamese market, Nestlé’s bird’s nest symbol has become familiar to generations of domestic consumers. Returning to Vietnam in 1995, Nestlé Vietnam is operating four factories with a total investment capital of 730 million USD. On average, businesses buy 20-25% of Vietnam’s total coffee output each year to serve production and export, contributing about 700 million USD/year…
All of this shows that Nestlé demonstrates the company’s long-term commitment to development in Vietnam and its desire to improve the quality of life and contribute to a healthier future for generations of Vietnamese families.
By the end of 2021, Nestlé Vietnam had excellently marked itself as the most sustainable enterprise in Vietnam 2021 in the field of manufacturing. This is the third year in a row that Nestlé Vietnam is in the top three most sustainable businesses in Vietnam. According to the assessment of VCCI experts, Nestlé Vietnam has met the Sustainable Enterprise Index 2021 with 119 indicators, including measures of business performance, indicators of the governance process, indicators on environmental protection, and social indicators.
From 2020, Nestlé’s sustainable development strategy is defined with sustainable goals and actions and towards a comprehensive approach focusing on plans to “renew” and “regenerate” for natural ecosystems. Accordingly, the commitment to sustainable development to make life healthier and happier, helping develop prosperous and robust communities, Resource management for future generations will be closely linked to the same goal of preserving resources for future generations.
Nestlé has set out a roadmap to cut carbon emissions in stages towards net-zero (Net Zero) emissions by 2050. At the end of 2021, Nestlé Vietnam announced its commitment to go plastic-neutral by 2025, 100% including the packaging recycled. Along with the journey of building a group of Green Ambassadors, Nestlé Vietnam has implemented a series of CSR programs such as Say no to single-use plastic, collect and sort used packaging… At 1,500 schools, This business encouraged children to bring back empty cartons to separate the plastic and recycle it into basketballs and benches for use in schools and the community. This reduces waste in the environment and has the effect of educating children about the importance of recycling.
In production activities, aware that agriculture is a source of greenhouse gas emissions accounting for 60 – 70% of the Group’s emissions, Nestlé Vietnam decided only to purchase raw materials derived from regenerative agriculture to encourage farmers to change farming methods.
Through the NESCAFÉ Plan project, Nestlé Vietnam has distributed more than 53 million coffee seedlings to farmers, renovated 53,000 hectares of aging coffee areas in the Central Highlands, and organized more than 246,000 training courses on farming techniques. Sustainable cooperation for 300,000 farmers, helping 21,000 farmers achieve 4C international coffee certification. Mr. Binu Jacob said that although they cannot reach the goal of building regenerative agriculture in a short time, Nestlé Vietnam is committed to providing only products from regenerative agriculture until 2050.
The promotion of the circular economy has also become an essential task in Nestlé’s development strategy in Vietnam. In 2018, all Nestlé Vietnam factories achieved the goal of zero emissions into the environment in production, towards the 2030 goal of zero impact on the environment in the production process.
“Nestlé is one of the few companies that pursue sustainability based on the 17 United Nations Sustainable Development Goals. We are working hard to implement many activities to reduce poverty, improve human health and protect the planet,” said Binu Jacob – General Director of Nestlé Vietnam.
Not only playing the role of the most sustainable enterprise in 2021 but Nestlé Vietnam is also honored by the Vietnam Business Network to Support the Development of Women’s Empowerment (VBCWE) as a typical enterprise committed to gender equality work. Since 2020, this business has cooperated with the Vietnam Women’s Union to implement the “Nestlé accompanies women” program. Through activities on nutrition communication building a model to support women to become economic owners, the program has attracted more than 4,000 members in 10 provinces and cities, creating positive impacts and changes for the lives of the Vietnamese people.
Entering 2021, the negative impact of the epidemic on the market’s consumer demand, the limited production system during 3T operations, the lack of labor supply between the lockdowns… made Nestlé Vietnam faces many difficulties. “Faced with new challenges, we soon decided to prioritize three goals including taking care of our employees and their safety, ensuring business continuity, and sticking to the direction of sustainable development. . This is always the guideline for all activities of Nestlé Vietnam”, said Mr. Binu Jacob.
With what Nestlé Vietnam has strived to achieve in its journey of more than 100 years, those who love this international brand have a basis entirely to keep their faith in the good things they will continue to create in the future next time.
🏢Headquarters: Indochina Park Tower, 4, Nguyen Dinh Chieu Street, Da Kao Ward, District 1, HCMC
🏬Binh Duong Branch: 4, Street No. 2, Phu Hoa Binh Duong Resettlement Area, Binh Duong province
☎️Hotline: (028) 62556640
#investment #investing #consultingservice #consultingfirms #vietnam #visaservices #marketingb2b #industrialestate#industrialparks