ESG

ESG

AT COTECCONS, WE ARE
COMMITED TO MAKING
IMPACTS THAT ARE
SUSTAINABLE FOR ALL

Coteccons is dedicated to conducting our construction operations in a sustainable and responsible manner, prioritizing ESG considerations to minimize environmental impacts, ensure safety and well-being, and uphold ethical and transparent business practices.

​ENVIRONMENTAL

We are committed to reducing our environmental impacts through sustainable practices. We prioritize energy efficiency, low-carbon emissions, responsible waste management and resource conservation to promote a greener future for all.

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SOCIAL

We prioritize a safe and healthy work environment, uphold human rights, engage with our communities, and promote worker well-being. Our employees and stakeholders are at the heart of our operations, and we strieve to make a positive impact in everything we do.​

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GOVERNANCE

At Coteccons, we believe that managing environmental and social issues, as well as corporate governance, is also about risk management activities. These are important factors for achieving sustainable development goals. Therefore, strengthening the activities to improve ESG efficiency at the office and construction site is to build a supportive cultural environment. These are essential activities to create surplus value for the company. Based on that, we have developed and implemented responsible business principles.

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We are committed to transparent corporate governance as the foundation for many actions to create sustainable value. We continuously balance the pursuit of revenue and profit growth with capital efficiency. With the goal of helping the company become a driving force for good, we use our scale, resources, and expertise to create shared value for all stakeholders.

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WORKING AT COTECCONS​

Identifying people as the key to success and the internal strength of the organization, Coteccons has continuously updated, improved, and perfected its human resource development policies to create the best possible conditions for its employees

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ESSENTIALS​

Resolution BOD about establishing ESG Committee

Decision Head of ESG Committee

Decision establishing ESG Implementation team

Decision Adjustment of Personnel of ESG Implementation team

ESG Commitment of Coteccons

Coteccons’ Environmental Policy

Coteccons’ Social Policy

Coteccons’ Sustainable Development Governance Policy

SUSTAINABILITY NEWS​

COTECCONS IN TOP 20 COMPANIES FROM THE VN100 INDEX

On July 18, 2022, Coteccons Group was honored to be ranked 7th out of 20 companies from the VN100 Index (comprising the 100 largest listed companies in the Vietnamese stock market) that were comprehensively evaluated across the three ESG criteria: environment, social, and governance, announced by the Ho Chi Minh City Stock Exchange.  This achievement is the result of Coteccons being dedicated to conducting our construction operations in a sustainable and responsible manner, prioritizing ESG considerations to minimize environmental impacts, ensure safety and well-being, and uphold ethical and transparent business practices.  You can find the report of InnoLab.Asia here: bit.ly/499Bzrx With a view to enhancing our position to the international standard and competitive capacity in the global market, we follow the path of ESG by our own choice. We are committed to reducing our environmental impacts through sustainable practices. We prioritize energy efficiency, low-carbon emissions, responsible waste management and resource conservation to promote a greener future for all. The commitment of Coteccons Group towards doing sustainable and environmentally friendly business is demonstrated through the completion of numerous projects that have acquired LEED Certificate (Leadership in Energy and Environmental Design). We have a total of 38 projects meeting the standard, namely: LEGO Binh Duong Factory (Platinum), President Place (Gold), Jotun Vietnam Greenfield (Gold), Porsche Center Saigon II (Gold), Diamond Lotus Riverside (Gold), Lancaster Luminaire (Gold), Diamond Crown Hai Phong (Gold), Tetra Pak Binh Duong (Gold), Regina Miracle International Vietnam Factory (Silver), Coca-Cola HCM Site Master Plant (Silver), Marigot Jewlery Vietnam

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“XAY TET 2023” – COTECCONS “BUILD” TET FOR 12,000 CONSTRUCTION WORKERS

Construction workers are a priority in the sustainability strategy. According to data from the Ministry of Labor, War Invalids, and Social Affairs, the country has about 7 million construction workers, accounting for 13.5% of the workforce aged 15 and over. Especially, in the construction industry, construction workers are the important people contributing to the creation of iconic projects and works. With the direction of sustainable development, besides taking care of people in difficult circumstances and responding to climate change and community issues, Coteccons realizes that its own employees, construction workers, are also a sector that has received little attention in society. Therefore, Coteccons has decided to launch the “Xay Tet—Construct Tet” program in order to bring a warmer and better Tet to 12,000 construction workers who are working for subcontractors and suppliers at Coteccons’s construction sites. The program will visit nearly 60 construction sites across the country starting on January 4, 2023. Coteccons understands that each construction worker has made great efforts to build solid, safe works and always ensure the progress. That is the reason that accelerates Coteccons to give them and their family gifts, to join hands to build a fuller Tet for all! Besides gift sets for 12,000 workers, the program also organizes meaningful activities such as cutting hair at the construction site, taking souvenir photos, giving free rides back to their hometowns, etc. All these activities are intended to bring short relaxation time to workers during the busy days of running progress on the construction

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COTECCONS COMMITMENT TO BUILD SUSTAINABLE WORKING ENVIRONMENT FOR CONSTRUCTION WORKERS

With a history of 18 years of establishment and development to become a leading construction company in Vietnam, the work force always plays a pivotal role and is a top concern in the partnership strategy and building environment. Coteccons’ site of work Vietnam’s construction sector is characterized by its reliance on workforces, commonly known as “construction workers.” This force is in charge of the majority of the construction work on projects, which is a skilled and physically demanding job. Hardworking construction workers, on the other hand, are intrinsically less concerned with working conditions. Understanding this, Coteccons is constantly working to enhance the working environment in order to provide a secure income, improve skills, and treat construction workers fairly, respectfully, and compassionately. Mr. Pham Quan Luc, Deputy CEO of Coteccons, shared: “For the workforce, their first concern is the payment policy, together with other benefits in the working process and environment. At Coteccons, we always prioritize them, even in difficult times, because we know they are the first to suffer when the market is volatile. During this Lunar New Year, the entire industry is experiencing cash flow difficulties due to the influence of the real estate market, but Coteccons will continue to prioritize payment so that workers and employees can work with peace of mind to have a warm and prosperous Tet after the pandemic’s two-year impact.” Vietnam’s manufacturing industry is rapidly rising alongside the admission of large FDI giants. This is an opportunity for the construction industry, but it

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Ho Chi Minh

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Coteccons Building, 236/6 Dien Bien Phu, Ward 17, Binh Thanh Dist, Ho Chi Minh City.

Ha Noi

Representative Office
8th Floor - Tower 2 - Capital Place Building - No. 29 Lieu Giai, Ngoc Khanh Ward, Ba Dinh District, Hanoi.
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