Ho Chi Minh City, August 2, 2024 – Coteccons Construction Joint Stock Company (HOSE: CTD) is proud to be recognized in the “Top 50 Corporate Sustainability Awards (Top 50 CSA)” list by Nhịp Cầu Đầu Tư magazine in two key categories: Minimize Carbon Footprint and ESG Leadership. This award acknowledges Coteccons’ relentless efforts in pioneering innovative ESG (Environmental, Social, and Governance) practices.
Coteccons has taken the lead in addressing fundamental, core environmental and social challenges within the construction industry, such as reducing emissions and managing a green supply chain—challenges that no other companies in the industry have yet tackled.
At the “Green Impact 3P Summit,” Mr. Bolat Duisenov, Chairman of the Board of Directors, shared: “ESG is a choice for businesses, not an obligation. ESG is a marathon of resilience and consistency, and at the same time, it is an inevitable trend. Our long-term benefit is to build a brand image as a global business and a leading company in Vietnam’s construction industry.”
Beyond being a pioneer, Coteccons continuously strives to implement ESG comprehensively, ensuring that ESG compliance and practices extend not only within the company but also throughout its supply chain and partnerships. The goal is to achieve a sustainable balance among the three key pillars: economy, society, and environment, as well as among profit (Profit), people (People), and the planet (Planet).
Most recently, Coteccons and LIXIL Vietnam—a member of Japan’s LIXIL Group—officially signed a memorandum of understanding for strategic cooperation, aimed at pursuing a sustainable development strategy and completing a green supply chain as part of Coteccons’ “Green Profile” strategy.
This is a clear demonstration of Coteccons’ strong commitment to reducing emissions in the construction industry and promoting the pioneering spirit of leading businesses to practice ESG. We will continue to make relentless efforts on this marathon, starting from the smallest things to create positive impacts on all employees, the surrounding community and the whole society.
