Home Credit recognized as one of Vietnam’s Top 100 Sustainable Companies
Home Credit recognized as one of Vietnam’s Top 100 Sustainable Companies
At the announcement ceremony of the Vietnam Corporate Sustainability Index (CSI) Enterprises 2022 on December 1st, Home Credit was honored among the Top 100 Sustainable Companies (CSI100), proving its excellence in meeting the rigorous criteria of this recognition.
The award affirms Home Credit's sustainability strategy and Environment, Social, and Governance (ESG) policy in Vietnam, helping to strengthen the Company’s relationships with its customers, communities, employees, and other stakeholders.
CSI100 is an award organized by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the Ministry of Labor, Invalids and Social Affairs, the Ministry of Natural Resources & Environment and the Vietnam General Confederation of Labour. It has run for seven consecutive years since 2016. The award honors pioneering enterprises that practice sustainability across all their business activities regarding the economy, society, and the environment.
In order to achieve this prestigious title, businesses must meet 130 indicators in the Corporate Sustainability Index (CSI), of which 68 percent are related to legal compliance and 32 percent to sustainable business initiatives, including internal processes and risk management as well as contributions to Vietnam's economic development, social development, and environmental protection. The CSI is therefore regarded as comprising the most complete set of criteria to evaluate the sustainability of enterprises’ overall operations, helping them to do business better and benefit from new opportunities.
2022 is the first year that Home Credit has participated in the CSI100 award but has surpassed thousands of other candidates, fully meeting the award's criteria to be honoured in the Top 100 Sustainable Companies.
Ms. Anastasia Fokina, Chief Operations and Digital Transformation Officer, represents Home Credit Vietnam to receive the Top 100 Sustainable Companies award from CSI100 |
“Driven by our promise to make customers feel good and our nature as a market pioneer, we’ve always pushed ourselves to adapt quickly to the fast-paced business environment. The pandemic is a clear example of our agility – and our ability to drive digital innovation in a way that benefits customers”, said Ms. Anastasia Fokina, Home Credit Vietnam’s Chief Operations and Digital Transformation Officer.
Home Credit's ESG principles include six pillars: Responsible Finance, Economic Growth, Digital Empowerment, Financial Inclusion, Sustainable Communities, and Diverse Workforce. Of these, responsible finance and digital empowerment are heavily invested in and woven into the company's DNA.
The Home Love project brought gifts to disadvantaged children in A Luoi – Thua Thien Hue last September |
2022 has seen Home Credit moving forward in its journey to expand sustainability activities by strengthening the database of ESG performance indicators, promoting financial literacy and digital empowerment activities through its newly launched buy-now-pay-later product - Home PayLater. Home Credit is also one of the few consumer finance companies in Vietnam to become a member of the Vietnam Business Council for Sustainable Development (VBCSD – VCCI).
Home Credit promotes digital transformation strategies with technology products to improve customers’ experience |
Home Credit is committed to providing customers with best-of-breed financial solutions to meet customers’ evolving needs, backed by its fast, simple products and professional services. This is also the core of Home Credit’s responsible finance approach, heading towards a sustainable community-driven model, which was the key to helping the company win CSI100 recognition as well as many other global awards.
