Gemadept was honored 3 prestigious awards at the Vietnam Listed Company Awards 2023

15.12.2023

On December 15, 2023, the 16th Vietnam Listed Company Awards were held in Cam Ranh City, with the participation of heads of the State Securities Commission – Stock Exchanges – Vietnam Securities Depository and Clearing Corporation, and representatives of nearly 300 listed companies, securities companies, fund management companies, and major financial institutions in the market.

At the ceremony, 51 listed enterprises were honored for their information transparency. Among them, 30 businesses were recognized for their outstanding annual reports, 28 for good corporate governance, and 6 for having the best sustainable development reports.

Vietnam Listed Company Awards is a prestigious event gathering leading experts from securities firms, fund management companies, and major financial institutions, both domestic and international. Companies competing in the awards undergo rigorous appraisals in the preliminary and final rounds.

The preliminary round was conducted by two independent units, including the Vietnam Institute of Directors (VIOD) and four leading auditing firms (Big 4), namely Deloitte, Ernst & Young, KPMG and PwC. The preliminary results were then reviewed by the Ho Chi Minh City and Hanoi Stock Exchanges one last time before being announced.

Therefore, Companies with award-winning reports stand out for their transparency, strong governance practices, and clear strategies for sustainable development.

In this year's Listed Enterprise Voting and Listed Enterprise Honor Ceremony, Gemadept successfully achieved 3 prestigious awards at the same time: Top 20 Enterprises with the Best Annual Reports in the non-financial category, Enterprises with the Most Reliable Sustainable Development Reports, and Sustainable Development Reports with Outstanding Progress.

This is the initial success of Gemadept's sustainable development strategy. In 2023, the Company established an ESG Committee to implement sustainable development activities, including coordinating with BSI to deploy training, inventory, and report greenhouse gas emissions according to ISO 14064-1 international standard for the ports in Gemadept's Ecosystem. Furthermore, the Company is a pioneer in developing sustainable development reports.

These awards mark a significant achievement in Gemadept's pursuit of sustainable development. In 2023, the company established an ESG Committee to implement key initiatives, including collaborating with BSI to implement training, inventory, and report greenhouse gas emissions according to the ISO 14064-1 standard for ports within its ecosystem. Furthermore, Gemadept is a pioneer in the development of sustainable development reports.

Gemadept's standalone Sustainable Development Report delves into the company's ESG objectives and goals in short-, medium-, and long-term, identifying key risks such as climate change and resource depletion, along with corresponding risk management policies. It also discloses specific emissions data and emission reduction initiatives. To meet international standards, the report underwent independent review from a third party.

Gemadept was honored in the Top 20 Enterprises with the Best Annual Reports

 

Recognized for its great performance in both transparency and sustainability, Gemadept has been identified as a model for listed enterprises by the Organizing Committee. The Company's commitment to transparent reporting extends to environmental issues and climate change impacts, supporting Vietnam's commitment to achieving net-zero greenhouse gas emissions by 2050. Gemadept is one of the few listed businesses that have been highly appreciated by the Organizing Committee and awarded 3 awards simultaneously.

Gemadept was honored in the Enterprises with the Most Reliable Sustainable Development Reports
Gemadept was honored in the Enterprises that have Sustainable Development Reports with Outstanding Progress

The recognition by the 16th Vietnam Listed Company Awards Organizing Committee and the community's respect serve as powerful motivators for Gemadept to continue its efforts. The Company will continue to accompany Vietnam's stock market in its journey towards enhanced transparency, sustainability, and adherence to international standards, ultimately contributing to its gradual rise in the world’s rankings.

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