As a “dynamic” index, the CSI constantly updates its content, reflecting new trends and important legal changes that Vietnamese enterprises should pay attention to and improve upon. KB Vietnam Securities considers approaching ESG from the perspective of CSI’s indices as a guideline for strategic planning and implementing sustainable development practices. Outperforming nearly 500 competitors and fulfilling stringent evaluation criteria, KBSV has become one of the few securities companies consecutively honored with this prestigious award for the second time. This affirmation underscores KBSV’s long-term commitment to sustainable development and its responsibility towards the environment and society.
KBSV members at the CSI Award Ceremony
It is known that Vietnam is one of the countries most vulnerable to climate change, with estimated losses of up to $368 billion by 2040 (according to the World Bank). With a shared desire to mitigate climate change and environmental impacts and build a green finance ecosystem, KBSV sponsored and collaborated with the Vietnam Securities Business Association (VASB) and RSM Vietnam Audit and Consulting Company to launch the ESG Score – Securities Industry pilot project in 2024. This long-term project aims to establish ESG indices for listed companies in Vietnam. In addition, KBSV continues its annual environmental and social contribution activities, notably the “Green Contribution to Vietnam” campaign to reforest protective and special-use forests. The company also awarded 40 scholarships worth VND 1 billion to 40 students of the Vietnam National University, Hanoi, and partnered with the Vietnam National University of Economics and Vietnam National University, Hanoi, for their internship programs. Furthermore, KBSV was recognized as an “Excellent Enterprise” for the third consecutive year at the 2024 APEA Awards for its efforts in promoting business equality, building a diverse and sustainable economy, and harmonizing economic, social, and environmental objectives.
KBSV sponsors the VNU 2024 Career Journey and Job Connection Program
Recognizing the importance of transparency in the financial sector, KB Vietnam Securities has established “Reputation and Integrity” as one of its five core values. Accordingly, KBSV continuously strives to upgrade its governance processes and exercises prudence in all its business activities. Good governance has yielded notable achievements for the enterprise. The CSI Award over the years has served as both a testament and an encouragement for KBSV to remain steadfast in this orientation.
The Tech-Savvy Nonagenarian: Unveiling the Future Award-Winning Sector in Billionaire Pham Nhat Vuong’s Eyes
The esteemed professor, whose work impacts billions globally, has made a bold prediction about the field that will be honored at the 2024 VinFuture Award ceremony.
The High-Speed North-South Railway: Slashing Emissions, Delivering Billions in Climate Benefits
The high-speed North-South railway project has the potential to reduce greenhouse gas emissions by the equivalent of billions of dollars over the next two to three decades.
“The Green Finance Challenge: Transforming Vietnam’s Commercial Credit Landscape”
Green finance in Vietnam accounts for a mere 4-5% of commercial credit. Notably, over 80% of this green finance is directed towards sectors such as electricity, utilities, agriculture, and green buildings.
The Eroding Manufacturing Industry in Vietnam: Strategies for Revival
Coffee is a source of great pride for Vietnam, and promoting sustainable farming practices that combat climate change is essential to preserving this legacy.
“Russia Values Energy Cooperation with Vietnam”
The Russian Energy Minister affirmed that the leadership of the Russian Government, as well as the Ministry of Energy, highly appreciates the cooperation between Vietnam and the Russian Federation in the past years and expressed a desire to further promote and foster new collaborative projects in diverse fields in the future.
