The insights for PLCs in Viet Nam are extracted from the Viet Nam ESG Readiness survey - a public survey conducted between May and August 2022 among the business community in Viet Nam.
Our survey was conducted online in collaboration with the Vietnam Institute of Directors (“VIOD”) where 234 participants (including 55 representatives from Public listing companies (PLCs) ) were asked about their commitment, plans, capabilities and activities with regard to ESG.
PLCs in Viet Nam have a high level of commitment but are more cautious to begin the ESG journey |
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7%do not plan to identify / make an ESG commitment in the next 2-4 years (Viet Nam: 20%) |
58%
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35%
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The insights for PLCs in Viet Nam are extracted from the sustainability reporting study by PwC and the National University of Singapore Centre for Governance and Sustainability.
The study focuses on the top 50 listed companies in terms of market capitalisation across 14 selected jurisdictions across the Asia Pacific, including Viet Nam. A total of 700 listed companies were studied, spanning 11 industries. The study is based on the latest sustainability reports and annual reports available up to January 2023.
The standards and frameworks of the International Organization for Standardization (“ISO”), GRI and SDG are the top three most commonly used sets of standards and frameworks for sustainability reporting in Viet Nam, used respectively by 54%, 50% and 32% of companies.
of the companies studied identify material ESG factors
(APAC: 94%)
of the companies studied disclosed their stakeholder engagement channels
(APAC: 83%)
of the companies studied responded to stakeholder concerns
(APAC: 54%)
of the companies studied disclosed sustainability targets to guide their future development.
(APAC: 92%)
disclosed net zero targets
(APAC: 51%)
of the companies studied identify climate-related risks/ opportunities
(APAC: 88%)
The state of disclosure practice relating to climate change risk/opportunity management among the studied companies is as follows:
of the companies studied disclose their BOD’s responsibilities regarding sustainability
(APAC: 84%)
of the companies studied disclose their sustainability governance structure
(APAC: 79%)
of the companies studied disclosed the number of BOD members/management with sustainability training
(APAC: 36%)
of the companies studied have disclosed their scope of report
(APAC: 84%)
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of the companies studied went further to explain their scope of report.
(APAC: 71%)
of the companies studied have disclosed an internal review / assurance
(APAC: 28%)
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of the companies studied have disclosed external assurance
(APAC: 49%)
