Miza Group is leading the way in the industry’s sustainability journey with their commitment and performance in ESG (Environmental, Social, and Governance) practices. This is evident through their:
- Business Efficiency and Sustainability: Miza Group has effectively balanced profitability and sustainability. Their paper recycling model is a testament to their green initiatives, making a significant contribution to environmental protection and the packaging industry’s transition to eco-friendliness.
- Environmental, Social, and Governance Promises and Achievements: With a focus on green technology, environmental risk management, and employee welfare, Miza Group’s approach to ESG is strategic and long-term. This is reflected in their ISO 9001 and ISO 14001:2015 certifications, as well as their ongoing initiatives to enhance non-financial risk assessment and ESG measurement.
Miza Group Receives Top 10 Vietnam Green ESG Enterprise 2025 Award
|
Miza Group, a large-scale paper recycling enterprise listed on UPCoM, has been recognized for its outstanding achievements in sustainability and ESG performance.
Founded on December 2, 2010, and headquartered in the Nguyen Khe Industrial Cluster, Dong Anh, Hanoi, Miza Group is a pioneer in this industrial area. With eight consecutive capital increases, the company’s charter capital reached over VND 1,059 billion by the end of 2024. In November 2024, Miza Group officially listed on the UPCoM market of the Hanoi Stock Exchange with the stock code MZG. To better implement and promote their ESG standards, Miza Group engaged Earnt & Young Vietnam for strategic consulting, ensuring alignment with ESG commitments.
The company periodically publishes ESG reports to provide investors with transparency and assurance of their sustainable development, good corporate governance, environmental protection, and social contributions.
 Miza Factory in Nghi Son, Thanh Hoa
|
Miza Group operates two large factories in Hanoi and Thanh Hoa, with a total paper production capacity of 200,000 tons per year. This capacity is expected to increase to 350,000 tons per year by the end of 2025, following the completion of the Miza Nghi Son Project Phase 2.
Specializing in paper packaging production and recycling, Miza Group processes waste paper and used carton boxes (OCC) to create kraftliner, medium, and testliner paper for carton packaging production. This activity is not only environmentally friendly but also encourages the reduction of natural resource consumption, especially forest wood.
Annually, Miza Group recycles over 200,000 tons of paper, which translates to saving millions of trees and reducing hundreds of thousands of tons of CO2 emissions. Their factories feature closed-loop production systems equipped with modern technology, an 80% wastewater treatment and reuse rate, and the implementation of rooftop solar panels to reduce operating costs and carbon emissions.
In addition to paper production, Miza Group has expanded downstream in the packaging value chain by manufacturing paper boxes and bags.
ESG: An Intrinsic Direction, Not a Trend
According to Mr. Le Van Hiep, CEO of Miza Group, ESG is not a mere formality but a serious business strategy and long-term vision. “Miza Group’s investment in green technology, environmental risk management, and employee welfare is not a performance but a commitment to our business strategy and long-term vision,” emphasized Mr. Le Van Hiep.
 Mr. Le Van Hiep, CEO of Miza Group, speaking at the event
|
Currently, the company holds ISO 9001 (quality management) and ISO 14001:2015 (environmental management) certifications. Additionally, Miza Group is in the process of standardizing its non-financial risk assessment system, developing ESG metrics, and preparing to publish a sustainability report following international frameworks such as GRI.
Beyond technology and processes, Miza Group prioritizes its people, recognizing their central role in the company’s sustainable operations. With over 1,000 employees, the company offers competitive benefits, regular training programs, and a safe, friendly work environment. Furthermore, the company actively engages in social and environmental initiatives. Recently, the Miza Group donated VND 3 billion to support the “Whole Country Joins Hands to Eliminate Temporary and Dilapidated Houses” campaign in Thanh Hoa province. This campaign aims to build and repair 170,000 houses for poor and near-poor households nationwide by the end of 2025.
Services
The “Northern Industrial Hub” Gets 3 New Industrial Clusters Spanning 170 Ha with a Total Investment of Over VND 2,400 Billion
The three newly-established industrial clusters in Bac Ninh province boast a combined investment of over VND 2,400 billion.
The Future of Vietnam’s Industrial Might: A $1.5 Billion Powerhouse with Cutting-Edge Technology Matching Europe’s Finest, and a Daily Capacity of 500 Tons
There are approximately 3,000 factories of this type globally.
“The Governor’s Urgent Directive: Revolutionizing Lam Dong Province”
“Authorities must tighten management and control to prevent any violations related to construction, land, and deforestation during the provincial merger process.”
Creating a Clear and Transparent Legal Framework for EPR Implementation
The challenges faced in implementing Extended Producer Responsibility (EPR) effectively include an inadequate collection and recycling infrastructure, high recycling costs, difficulties in domestic consumption of recycled materials, and unclear legal frameworks without proper monitoring mechanisms.
The Green Nghi Son Initiative: Uniting Businesses, Government, and Communities for a Sustainable Future
With a collaborative effort between businesses, government, and the community, the “Nghi Son Xanh” initiative is envisioned to bring about a paradigm shift in industrial development thinking. This shift prioritizes environmental preservation and sustainable growth alongside economic progress.
