Continuous innovation for a sustainable development

This year, SCG's awards increased compared to the previous year, with five member companies of Prime Group, including Prime Dai Loc Joint Stock Company, Prime Dai Viet Joint Stock Company, Prime Yen Binh Joint Stock Company, Prime Tien Phong Joint Stock Company, and Prime Pho Yen Joint Stock Company, along with Binh Minh Plastics Joint Stock and Company Vietnam Kraft Paper Co., Ltd. (Vina Kraft), all being recognized. Notably, Prime Pho Yen Joint Stock Company proudly earned a place in the Top 10 Sustainable Businesses in Vietnam in 2024 and Prime Dai Viet Joint Stock Company is recognized as a Top 5 business pioneering in circular economy implementation and GHG reduction in 2024, with a reduction of up to 30% compared to 2020, through waste heat recovery system and replacing coal with biomass. Built on the foundation of the ESG 4 Plus strategy and the circular economy mindset, SCG and its member companies once again demonstrate their steadfast commitment to continuous innovation aimed at sustainable development.

CSI 2024 is implemented under the direction of the Government to recognize and honor businesses that excel in sustainable production and business practices across comprehensive aspects: economic efficiency, corporate governance, social responsibility, and environmental stewardship. As one of the enterprises meeting all these criteria, SCG and its member companies have long adopted the ESG 4 Plus strategy. This strategy encompasses four key approaches: Set Net Zero, Go Green, Reduce Inequality, Embrace Collaboration. Furthermore, fairness and transparency are consistently applied throughout all activities, ensuring inclusivity and effectiveness in implementation.

Based on these principles, SCG's member companies are oriented to act as robust "pillars," collectively building a sustainable business ecosystem. The initiatives and solutions of these companies not only deliver practical value but also serve as valuable lessons on the journey toward prosperous and sustainable development.

The success of SCG and its member companies at CSI 2024 reaffirms that when every member of a collective acts as a "pillar of strength," sustainability is no longer just a goal but becomes the foundation for a prosperous and enduring future.