Tuesday, April 16, 2024

URC among Vietnam’s top sustainable businesses in 2020

PALAWANDERER.COM

URC among Vietnam’s top sustainable businesses in 2020

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Universal Robina Corporation’s (URC) Vietnam arm was recognized as one of Vietnam’s top sustainable businesses in 2020. Receiving the award are (from left) Finance Officer, Alvin Geronimo, and Head of Legal and Corporate Affairs, Luong Thi Phuoc Lan.

A subsidiary of Universal Robina Corp. (URC) has again been named as one of Vietnam’s top sustainable businesses last year.

URC, one of the Philippines’ largest food and beverage firms, was among 500 companies in Vietnam shortlisted for this award.

These companies met the CSI Index of 127 indicators in four areas: sustainability results, competent governance, environmental protection and sustainable labor practices.

“This prestigious award will be the driving force for URC Vietnam to continue to operate and spread sustainable values in Vietnam, based on three pillars: environmental protection and human development and quality products,” said Laurent Levan, SVP & regional director for URC Indochina.

The award was handed out during the Vietnam Corporate Sustainability Forum 2020, organized by the Vietnam Chamber of Commerce and Industry (VCCI) and attended by Vietnam’s Vice-President Dang Thi Ngoc Thinh and Deputy Prime Minister Vu Duc Dam.

Vu Duc Dam said the previous year marks a significant rise in Vietnam’s ranking in the United Nations’ Sustainable Development Goals from No. 54 in 2019 to 49 in 2020.

Levan said URC Vietnam “will continue pursuing its mission to move forward to a circular economy, optimize operations by pursuing the UN’s goals to reduce environmental impacts, improve the lives of employees, promote education, and implement social responsibility initiatives to develop the community”.

Universal Robina Corporation (URC) Vietnam officers receive top sustainable business award (from left): Luong Thi Phuoc Lan – Head of Legal and Corporate Affairs, Alvin Geronimo – Chief Financial Officer, Trang Bui – Corporate Communications Supervisor, and Quynh Nguyen – Executive Assistant to President & CEO.

URC Vietnam has been among the top 100 sustainable businesses recognized by VCCI since 2019.

In September 2020, it landed among Vietnam’s “Top 10 prestigious companies” in the non-alcoholic beverage industry.

That same month, URC Vietnam was among the 33 organizations that were given awards by the Ministry of Labor, Invalids and Social Affairs for supporting children in Binh Duong province from 2015 to 2020.

URC has been in Vietnam for 20 years, starting there as a trading company in 2003.  It now has five plants across Vietnam: three in Binh Duong, one in Quang Ngai and one in Hanoi.

The company produces its well-known brands, including the ready-to-drink tea C2, energy drink Rong Do, Cream-O and Magic biscuits, Dynamite candies, Jack ‘n Jill Puff Corn and Chikki snacks, at these facilities.

In the Philippines, URC’s popular brands such as Great Taste, Cream O, Chippy, Piattos, Nips and Maxx continue to be mainstays in nine out of 10 households. (PR)