From 1 - 2/11/2019, representative of the Global Reporting Initiative (GRI) in Vietnam has cooperated with Binh Duong Water - Environment Joint Stock Company (Biwase) to organize a training about "Sustainable Development Report (SDR)".
In stock market, the integration of policies and practices on corporate governance, environmental protection and social concerns in enterprise development strategies has become an inevitable trend. Sustainability development reports are considered as a tool to help businesses identify and formulate plans to cope with risks and measure, publish, explain and commit their responsibilities to its stakeholders about sustainable development activities. Beside of the financial and business information, the environment and society are increasingly concerned. SDR is a new tool that helps businesses to organize and publish sustainability performance in a similar way to financial statements. The GRI’s Framework addresses the core issues of sustainable development including economic, environmental and social impacts.
According to GRI, circular no. 155/TT-BTC about guidance for disclosure of information on the stock market effected on 1/12016, the SDR is not new to listed companies. The SDR specifically includes information on the economic, environmental and social impacts of the business; and as well as it helps to make sound business decisions.
Currently, the publication of SDR is becoming an international practice. Sustainable development report helps businesses to strengthen their cooperation with stakeholders, investors and the social community; it also helps businesses to strengthen their governance, manage business risks, effectively improve adaptability in a rapidly changing and competitive market environment.
- 10/2016: Biwase’s equitization
- 20/7/2017: Listed on the Ho Chi Minh Stock Exchange - HOSE (Stock Code: BWE);
- 2018: Top 100 Vietnam Gold Star Award
- 6/2019: Top 50 Vietnam's Best Listed Companies, voted by Forbes Magazine.
- 11/2019: Asean Business Association nominates a business award for its positive contribution to the environment and community
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