47 Construction Joint Stock Company Receives ESG Rating Certificate for 2024
Hanoi, November 15, 2024 – 47 Construction Joint Stock Company is honored to receive the ESG Rating Certificate from VietESG. The company was evaluated with an “A – Good” rating due to its participation in the ESG assessment in November 2024.
Certification and Evaluation Method
This certification is awarded by VietESG, adhering to globally recognized sustainable development standards such as the Global Reporting Initiative (GRI) and Sustainable Development Goals (SDGs). VietESG’s evaluation method, a member of the GRI Community, ensures transparency and objectivity. The certification is valid for three years, until November 15, 2027.
Notable Strengths
47 Construction Company, with over 50 years of operation in building hydroelectric, irrigation, civil, and transportation projects, has sustainably developed through ESG indicators. Notable strengths include:
- Organizational structure and function: Well-organized with clear roles and responsibilities for each department, ensuring transparent and efficient coordination.
- Internal training: Emphasizes enhancing the capacity of the workforce through updated training requirements; regular assessments and certifications; and training on new technologies.
- Labor union and collective labor agreement: Prioritizes employee rights and welfare, creating a friendly and united working environment.
- Gender safety: Includes anti-sexual harassment clauses and measures.
- Compensation and benefits: Ensures fair remuneration in compliance with legal requirements and provides essential benefits to motivate employees.
With these strengths, 47 Construction Joint Stock Company scores high on the social aspect of ESG (S), reflecting a development strategy that prioritizes human factors within its governance (G).
The company demonstrates a high level of compliance with ESG principles, aligning with the best domestic and international practices. The ESG score of 47 Construction Joint Stock Company meets international standards and includes the most critical aspects of environmental, social, and governance factors.
Contact:
- VietESG LLC
- Representative: Mr. Pham Quoc Hung
- Position: General Director
- Phone: 0969060290
- Email: quynhhoa@vietesg.com
