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Masan Group recognized for sustainable development in Vietnam
๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Economy & Trade

Masan Group recognized for sustainable development in Vietnam

From Tuแป•i Trแบป · () Vietnamese

Translated from Vietnamese, summarized and contextualized by DistantNews.

At a glance

In-depth Documents & data Approved/passed
  • Masan Group has been recognized for its sustainable development practices for five consecutive years, receiving the Top 50 Sustainable Businesses Award in Vietnam.
  • The company's ESG (Environmental, Social, and Governance) efforts are highlighted through its achievements in social responsibility and excellent corporate governance.
  • Masan's subsidiaries, Masan Consumer and WinCommerce, are implementing ESG strategies across their value chains, from production to retail, focusing on environmental protection, resource efficiency, and community well-being.

Masan Group's commitment to sustainable development has earned it a place among Vietnam's leading businesses, marking five consecutive years of recognition at the Top 50 Sustainable Businesses Award (CSA).

The award, organized by Nhแป‹p Cแบงu ฤแบงu Tฦฐ magazine, assesses companies based on environmental, social, and governance (ESG) criteria. Masan's consistent performance, particularly in "Outstanding Social Responsibility Activities" and "Excellent Corporate Governance," demonstrates a deep and continuously improving ESG foundation. International accolades, including Fortune's Top 100 Best Workplaces in Southeast Asia and HR Asia's Best Companies to Work for in Asia, further validate Masan's global standing in sustainability and human resource management.

At the corporate level, Masan Consumer (MCH) and WinCommerce (WCM) are translating the group's ESG vision into tangible actions. MCH's factories adhere to stringent international food safety standards, with high percentages achieving ISO 50001 for energy management and ISO 45001 for occupational health and safety. The company has reduced its carbon footprint by 18% through a shift from oil to electricity and aims to increase renewable energy use to nearly 50% of its total consumption by 2025. Waste management and water efficiency are also key priorities, with a focus on recycling and minimizing landfill waste.

Beyond environmental and governance metrics, Masan actively engages with the community. Its "One Million Meals with Meat" program, in collaboration with the High Land Poor Children Fund, aims to improve nutrition in 85 disadvantaged schools. WinMart, WinMart+, and WIN stores are also transitioning away from plastic bags, opting for biodegradable alternatives, reflecting a holistic approach to sustainability that spans from factory floors to consumer touchpoints.

DistantNews Editorial

Originally published by Tuแป•i Trแบป in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.