SCG awarded Top 1% S&P Global Corporate Sustainability Assessment

SCG is the first ASEAN company to be selected for the DJSI World Index since the Sustainability Yearbook's inception in 2004, reflecting its long-standing leadership in sustainability for 20 years along with the DJSI. The recognition is a testament to SCG's ESG commitments (Environmental, Social and Governance) to achieve Net Zero by 2050.

The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of a company's sustainability practices. It scores companies on 100 points across industry-specific economic, environmental, and social criteria. To be listed in the Yearbook, companies must score within the top 15% of their industry and must achieve a CSA Score, which is the S&P Global ESG Score without the inclusion of any modeling approaches, within 30% of their industry’s top-performing company. This CSA research process has been tested in practice for more than 20 years, attracting the interest of both business leaders and investors.

SCG achieved high scores for its environmental policies, climate strategy, and human capital development initiatives. Additionally, SCGP, a subsidiary of SCG in packaging, has been ranked in the top 1% of the S&P Global Corporate Sustainability Assessment in the Containers & Packaging Industry, out of more than 51 companies worldwide.

Dr. Chana Poomee, Vice President and Chief Sustainability Officer of SCG, said, “SCG is greatly honored and proud to receive this award. It reflects SCG’s unwavering commitment over the past 20 years, earning widespread recognition as a global leader in sustainability. This award signifies SCG's success in implementing comprehensive sustainability initiatives encompassing ESG dimensions, as reflected in the CSA by S&P Global, which evaluated 9,400 companies across 62 industries worldwide. SCG is an organization that continuously embraces opportunities and challenges, adapting and developing to remain resilient and ready to navigate crises and opportunities that arise.”

“We are ready to advance towards transitioning to a low-carbon society through the concept of Passion for Inclusive Green Growth. Our commitment is to create a sustainable Net Zero society through green innovations, ensuring that no one is left behind. This involves developing the economy alongside environmental stewardship, creating sustainable opportunities and value for all sectors, and driving ASEAN society towards a sustainable future,” he added.

Mr. Kulachet Dharachandra, Country Director of SCG, Vietnam, said, “We evaluate our performance not only on business results, but also on social and environmental benefits because we believe that both are important for sustainable business operations in the long term.”

Operating in Vietnam for over 30 years, SCG and its member companies have actively adopted ESG practices, from low-carbon innovations to green manufacturing, to tackle climate change and achieve Net Zero.