BAT Vietnam - BAT Vietnam to win dual awards as a sustainable enterprise and pioneer in circular economy at CSI Awards 2023
Ho Chi Minh City, December 14th, 2023 - British American Tobacco (BAT) Vietnam was recognized Top 11 in “Top 100 Sustainable Businesses in Vietnam” at CSI 100 Awards 2023, and called out among Top 5 Pioneering Businesses in Circular Economy. BAT Vietnam also officially issued its ESG Report 2022, outlining strategic purpose, approaches, initiatives, and roadmap in line with the Vietnamese market, continuing to reaffirm its leadership in the tobacco industry on Environment, Society, and Governance (ESG) reporting.
This is the fifth time in the past 8 years that BAT Vietnam has been named in the “Top 100 Sustainable Businesses in Vietnam” (2017, 2018, 2021, 2022, and 2023), demonstrating the company’s progress for being in the Top 11 compared to 2022 (Top 12) and 2021 (Top 13).
In addition, BAT Vietnam was also named in the Top 5 Pioneering Businesses implementing Circular Economy and reducing Carbon Emissions. This was based on the Corporate Sustainability Index (CSI) performance scores with the business’ impressive achievements in reducing energy usage and converting to green energy sources towards annual average energy consumption reduction; 2,115 tons of CO2 emissions cut down (compared to 2018); zero waste to landfill at both joint venture factories, and more than 99% of waste recycled.
At BAT, Sustainable Development is an indispensable part of the Group's strategy and purpose to build "A Better Tomorrow". This purpose is strongly underpinned by commitments and actions on priorities in three pillars: Environment, Society, and Governance (ESG).
BAT Vietnam’s sustainability goals are well aligned with not only the agenda of the Group but also the targets of the Vietnamese Government, which positively contributes to the National Agenda for Sustainable Development 2030 according to the 17 Sustainable Development Goals (SDG) of the United Nations. This commitment from BAT Vietnam is backed by clear, specific and measurable goals in each pillar of the ESG agenda.
“The Corporate Sustainability Index (CSI) by Vietnam Chamber of Commerce and Industry (VCCI) plays the role as an essential tool to support sustainable corporate governance, helping the business community to self-assess the effectiveness and impact of their sustainable development activities, thereby driving further or improving their sustainability programmes. Accomplishing those indices and recognised at ‘CSI 100 Awards 2023’ by VCCI offer businesses like us a valuable opportunity to enhance the brand reputation, consolidate the trust of stakeholders, and drive competitiveness capabilities,” said Mr. Pham Hung Anh Tuan - Head of Operations at BAT Vietnam.