On October 14, 2024, SABECO participated for the first time in the exhibition of achievements in applying the circular economy model organized by the Vietnam Packaging Recycling Alliance (PRO VN) since joining the Alliance in August 2024. As part of the activities to celebrate the 5th anniversary of PRO VN, the event is also an opportunity for member enterprises, government agencies, and non-governmental organizations at home and abroad to look back on the journey of promoting the circular economy model in the context of waste pollution being one of the urgent issues globally and in Vietnam. Every year, up to 300 million tons of plastic waste are discharged into the environment worldwide. According to statistics from the Ministry of Natural Resources and Environment, in Vietnam, this number is 1.8 million tons but only 10% is recycled. As a leading enterprise in Vietnam with a system of 26 breweries, 11 trading companies and hundreds of thousands of points of sale nationwide, SABECO is committed to always creating values ​​for the enterprise and its partners, thereby contributing to promoting the sustainable development of the community. Accordingly, SABECO focuses on 3 target areas: Optimizing business operations; Taking people as the core factor; Applying ESG principles (Environment - Society - Governance)

In addition to green energy conversion, SABECO has also successfully recycled beer bottles and kegs to minimize environmental impact.

SABECO is a leading enterprise in Vietnam with many ESG initiatives that have been effectively implemented in recent years, bringing positive values ​​to the company and its partners, while contributing to the development of the community. Responding to environmental issues and implementing green transformation to conserve the country's important resources and ensuring sustainable business development, SABECO has implemented initiatives such as investing in rooftop solar power systems at beer factories, recovering and reusing water and rainwater, recovering and recycling beer bottles and kegs; Prioritizing the use of recycled materials and packaging; Using biomass-fired boilers instead of fossil fuel-fired boilers, applying world-leading technology and innovative and automated initiatives to optimize production and business operations.

Rooftop solar panel system at Saigon Quang Ngai Beer Factory

SABECO always ensures a safe and healthy working environment for employees throughout the system, develops a highly skilled workforce... At the same time, SABECO also promotes cooperation with organizations and businesses to promote the effectiveness of activities and create positive impacts on society through programs to enhance competitiveness for young businesses, community projects to improve the living environment, promote a balanced lifestyle and enhance community training such as "Lighting up the Countryside", "Sports Step Up". Ensuring effective corporate governance, compliance with Vietnamese and international laws is implemented internally within SABECO and with strategic partners. SABECO also actively participates in prestigious association alliances such as PRO VN, the Council of Sustainable Development Enterprises of the Vietnam Federation of Commerce and Industry (VCCI) to join hands with other businesses to promote sustainable development in Vietnam, bringing long-term positive values ​​to businesses and the community.

By joining the Vietnam Packaging Recycling Alliance, SABECO aims to focus on two areas: - Through the support of PRO Vietnam, SABECO continues to strengthen and promote the implementation of extended producer responsibility, promote the company's sustainable development goals and contribute to the country's green growth goals. - Together with other businesses, contribute to the development of policies and regulations related to extended producer responsibility effectively and in line with the business environment in Vietnam.

Source: https://thoibaotaichinhvietnam.vn/sabeco-chung-tay-thuc-day-kinh-te-tuan-hoan-khang-dinh-cam-ket-tao-ra-gia-tri-timch-cuc-cho-doanh-nghiep-cho-doi-tac-va-cong-dong-161779.html