ESG Consulting Services

During the "Overcoming Obstacles" segment at the 2024 finals of the "Road to Mount Olympia" program, a contestant's correct answer about Net Zero, without any hints, highlighted the importance of this issue in a national television program. At the 26th United Nations Framework Convention on Climate Change Conference (COP26), Vietnam committed to achieving net-zero emissions by 2050, along with nearly 150 other countries. This is not only a challenge but also an opportunity for countries, including Vietnam, to change and develop their economies in a sustainable direction.

In Vietnam, many businesses are making breakthroughs by investing in advanced technology and implementing "dual transition" strategies, which enhance product value, build green value chains, and aim towards the Net Zero goal and sustainable development. Moreover, businesses are actively adopting ESG (Environment - Social - Governance), paving the way for green growth.

1. ESG Concept

Legal Basis:

• Resolution 81/2023/QH15 of the National Assembly on the National Master Plan for the 2021-2030 period, with a vision to 2050.

• Decision No. 1658/QD-TTg dated October 1, 2021, by the Prime Minister approving the National Green Growth Strategy for the 2021-2030 period, with a vision to 2050.

• Investment Law No. 61/2020/QH14 dated June 17, 2020, by the National Assembly of Vietnam, which introduces new mechanisms requiring investment projects to avoid using outdated technologies that may negatively impact the environment.

• Circular No. 96/2020/TT-BTC dated November 16, 2020, by the Ministry of Finance guiding the disclosure of information on the securities market, which includes ESG reporting requirements for public companies listed in Vietnam.

2. ESG Definition

ESG stands for Environment (E), Social (S), and Governance (G). These three factors are used to analyze and assess the sustainability and social impact of a business.

ESG activities not only promote sustainable development but also help businesses operate responsibly towards the environment and society, enhancing trust among investors and customers while optimizing the risks businesses face.

3. The Role of ESG

• Environment: ESG assesses the company's interaction with the natural environment, including issues such as waste management, energy consumption, biodiversity protection, and mitigating climate change impacts.

• Social: Evaluates the company's relationships with stakeholders, including employees, customers, communities, and partners. This includes labor rights, health and safety, supply chain management, and the social impact of the business.

• Governance: ESG looks at the company's governance structure, including risk management, board structure, business ethics, transparency, and accountability.

4. Our Services and Support

Our Solutions:

• Understanding the ESG Context: We help clients grasp complex ESG regulations and develop strategies aligned with business objectives and stakeholder expectations.

• ESG Reporting Preparation: We guide clients in building transparent and comprehensive ESG reports, communicating their sustainability efforts and progress to stakeholders.

• Training and Workshops: We organize training sessions and workshops to share best practices in sustainability, corporate responsibility, and environmental management.

• Waste Management: We advise and assist clients in creating effective waste management plans, promoting recycling, and minimizing waste generation.

• Energy Saving: We help clients implement energy-saving measures and explore renewable energy sources, reducing costs and energy consumption.

• Social Impact: We assist clients in developing and executing programs that enhance the social impact of their businesses, such as employee welfare initiatives and community engagement.

• Stakeholder Engagement: We help clients establish strong relationships with stakeholders like investors, customers, and communities, fostering trust and collaboration on ESG initiatives.

WHY CHOOSE TGS VIETNAM'S ESG CONSULTING SERVICES

✅ Internationally Experienced Consulting Team: Our experts have extensive knowledge of ESG and international standards, helping businesses implement optimal solutions.

✅ Tailored Solutions for Each Business: TGS provides customized ESG solutions that suit the industry and scale of each business.

✅ Enhanced Transparency and Reputation: Adhering to ESG not only improves business operations but also boosts the company's reputation with partners and customers.

✅ Minimized Legal and Environmental Risks: ESG activities help businesses reduce risks related to environmental, legal, and social issues, enhancing their competitiveness.

✅ Comprehensive Consulting, Long-term Strategy: We help businesses address short-term challenges while building long-term strategies for sustainable development.

📞 Hotline: 0919 191 448
📩 Email: info@tgsvietnam.com.vn
🌐 Website: tgsvietnam.com.vn

🚀 Contact us now to receive quality ESG consulting services, helping your business develop sustainably and meet international standards!