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At the closing ceremony and awarding golden plaques to typical entrepreneurs, businesses, brands, products and services, PwC was honored in the Top 10 Prestigious and Quality Services trusted by Vietnamese people in 2022 with Services Environmental, Social and Governance (ESG) consulting and assurance. The award was awarded by the Vietnam Consumer Protection Center and the Institute of Economics and Culture.
ESG is a set of environmental, social and corporate governance standards in company operations. ESG acts as a guideline to help stakeholders understand how businesses manage risks and opportunities in these three aspects.
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| ESG được quan tâESG has received widespread attention in Vietnam in recent years |
Environment, Social and Governance (ESG) has become mainstream and widely recognized as an essential part of business operations. Therefore, it is not surprising that ESG is currently considered a top concern of corporate leadership.
PwC’s first report on ESG Readiness in Vietnam 2022 found that lack of knowledge is the main barrier for companies that have not yet made an ESG commitment. Only 29% of survey participants are confident about their Board of Directors’ capabilities on ESG-related issues. However, 43% have not considered establishing a training program on ESG issues.
To support businesses on their ESG journey, PwC provides consulting services to prepare ESG/sustainable development reports according to ESG standards and frameworks, providing independent assurance for the above data. sustainable development reporting, reviewing and consulting on ESG indicators trusted by shareholders, raising awareness for stakeholders on key ESG topics, strategic consulting, transforming operating models ESG-related risk assessment and action and training to raise ESG awareness and practices.
In addition, PwC also provides the ESG Pulse product – a pioneer in the field of ESG data assessment, providing companies with quick information on aspects that need improvement in the reporting process. The product helps customers communicate their ESG story with confidence by assessing maturity levels, understanding potential risks, and standardizing operations through the use of insights and benchmarking / Compare with other businesses in the same industry and business field.
With efforts to support businesses practicing ESG from a team of dedicated and enthusiastic professionals, PwC is honored to receive the prestigious quality service award trusted by Vietnamese people in 2022.
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| Mr. Nguyen Hoang Nam, Deputy General Director, ESG Leader, Audit and Assurance Services, represented PwC Vietnam to receive the award |
Mr. Nguyen Hoang Nam, Deputy General Director, ESG Leader, PwC Vietnam Audit and Assurance Services shared at the award ceremony: “When practiced appropriately, ESG will help businesses identify risks and timely opportunities now and in the future. However, with its broad scope of coverage, ESG will have different meanings at each organization.
Therefore, to fully realize the potential that ESG brings, it is necessary to integrate ESG with the organization’s strategy, thereby improving the enterprise’s business model as well as building indicators and ways to measure results. implemented to disclose information in ESG reports. PwC Vietnam is honored to receive the award and will make further efforts to support businesses in meeting sustainability requirements and responding to climate change, solving social issues, and strengthening effective management to firmly control the future. ”.
With the principle of building trust in society and solving important problems, PwC is also committed to implementing ESG in the organization with a commitment to reduce emissions to zero (Net-zero) globally by 2030. , as well as implementing PwC’s diversity, inclusion and equity strategy with its people and communities. On December 15, 2022, PwC in collaboration with the British Embassy officially launched the Climate Finance Accelerator Vietnam Program to directly support businesses’ climate projects in the access to financial resources. The program, funded by the UK government, aims to provide incentives to provide the necessary financial flows for participating countries to meet their ambition of keeping global warming below 1.5°C. With a global network and resources from leading experts, PwC believes and is committed to implementing ESG standards to create sustainable value for the community.
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