SCG shares ESG model to support Vietnam’s net zero vision

SCG shares ESG model to support Vietnam’s net zero vision

SCG presented its ESG 4 Plus strategy and the Saraburi Low-Carbon City model from Thailand to support Vietnam’s green transition at the Green Trade Forum 2025.

The event, hosted by SGGP Newspaper and Ho Chi Minh City’s People’s Committee on July 1, also marked the launch of EcoHub – Vietnam’s first green business-to-business e-commerce platform.

By sharing proven strategies and real-world applications, SCG reaffirmed its commitment to Vietnam as a provider of sustainable products and a long-term partner in building inclusive, resilient, and future-ready ecosystems.

Sharing about the ESG 4 Plus strategy, Charoenchai Chaliewkriengkrai, bio-circular business director at SCG Cement and Green Solutions Business and president of The Saraburi Federation of Industries, said, “Sustainability is not a side project. ESG 4 Plus is our core business approach, and we are excited to co-develop local solutions with Vietnam that combine impact, inclusion, and innovation. This model is an integrated action strategy, where the green transition is not separated from business efficiency, but instead becomes the foundation for creating long-term value for society and communities.”

At the forum, SCG spotlighted Saraburi Low-Carbon City, a flagship initiative in Thailand and one of the most tangible applications of ESG 4 Plus in practice. As an industrial province known for its concentration of cement plants and industrial zones, Saraburi has been transformed into a “sandbox” for testing comprehensive environmental, social, and governance (ESG) strategies through a collaboration between SCG and local authorities.

The model integrates energy transition, waste to value, green industry and green products, low carbon agriculture, and green spaces, as well as responsibility and oversight. Designed to reduce five million tonnes of carbon by 2027 and achieve carbon neutrality by 2050, the model offers a replicable blueprint for cities and provinces across Vietnam.

ESG 4 Plus is driven by four strategic directions: set net zero, go green, reduce inequality, and enhance collaboration, with a “Plus” factor that ensures fairness and transparency in all operations. The strategy is being implemented across SCG’s operations in Southeast Asia.

SCG has been implementing various concrete initiatives in Vietnam based on its ESG 4 Plus framework. In the environmental pillar, SCG aims to achieve net zero by 2050, with specific actions such as the use of renewable energy (solar and biomass), AI-powered operational optimisation, waste heat recovery, and forest restoration for carbon absorption.

In Vietnam, SCG has developed a line of low-carbon cement that reduces carbon emissions by up to 20 per cent compared to conventional products, contributing to emission reduction in the construction sector. Additionally, the group targets that by 2030, at least 67 per cent of its product portfolio will be SCG Green Choice certified, promoting green production and consumption.

Under the social pillar, SCG is committed to reducing inequality through job creation, skills enhancement, and support for vulnerable communities. Notable initiatives in Vietnam include the “SCG Sharing the Dream” scholarship, vocational training, livelihood support for residents, and partnerships with local authorities to develop sustainable communities. These efforts create fairer opportunities for the people and lay a stable social foundation for long-term development.

Meanwhile, the governance pillar is reflected through a multilateral cooperation network between SCG, international organisations, and government agencies to promote the circular economy and ensure emissions transparency. In Vietnam, SCG regularly publishes sustainability reports, conducts lifecycle assessments, and implements waste segregation at source.

Concluding the session, the SCG representative stated, “Vietnam has a bold net zero ambition, and SCG is ready to be a long-term partner, not only as a provider of green products, but as a co-creator of practical models and solutions that benefit communities and the economy.”

VIR