In January 1, Bao Viet continued to be recognized and upgraded in the global corporate sustainability rankings (Corporate Sustainability Assessment - CSA) of S&P Global.
To be evaluated in the DJSI rankings, Bao Viet needs to meet strict requirements on many factors such as: corporate financial health, stock value, transparency, sustainable business operations...
Participating in the international rankings has shown the value and health of a leading enterprise like Bao Viet in general and the attractiveness of BVH shares in particular, thereby raising the level of a leading insurance enterprise. Vietnam.
Bao Viet was upgraded on the DJSI rankings.
CSA is an annual index that evaluates the sustainability practices of thousands of qualified businesses around the world. In 2021 and 2022, CSA evaluated more than 7.000 global businesses. By April 4, the number of businesses invited and eligible to participate in S&P's CSA Index will reach more than 2022 businesses.
With a history of more than 20 years of operation, CSA has become a reference tool for companies and investors in assessing the materiality of financial strength, sustainable development activities and strategy. Addressing sustainable development trends of businesses... thereby supporting investment decisions.
S&P's Global Corporate Sustainability Assessment (CSA) also allows investors to evaluate business performance according to ESG standards including Economic, Environmental and Social with 61 sets of questions for specifically for each business industry, including about 100-130 questions on 23 main topics on 03 aspects of economics, society and environment.
Overall, efforts to improve sustainability in 2023 help Bao Viet increase 6 places in the evaluation scale compared to 2022 and score higher than 66% of other businesses in the insurance industry group (including 236 businesses). eligible to participate and increase 7% compared to 2022).
The CSA Index provides expert assessments from S&P Global experts as well as an evaluation base on a proprietary data warehouse, thereby serving as a basis for including business profiles in the Sustainable Development Index Ranking. The most famous in the world – Dow Jones Sustainability Index (DJSI).
The Dow Jones Sustainability Indices (DJSI) is a global benchmark system dedicated to sustainable development that ranks the world's leading companies based on RobecoSAM analysis and S&P Dow Jones' evaluation methodology. Indices are based on free-float adjusted market capitalization and according to ESG criteria (Environmental, Social and Governance Measurement Standards).
In partnership with S&P Global ESG Research, an organization comprised of leading experts in ESG data research and analysis, businesses that meet the DJSI Index will also be included in sustainable investment portfolios. potential offers to interested investors.
Bao Viet won Second Prize for Sustainable Development Report at the Listed Enterprise Voting.
In December 12, Bao Viet Group conquered the voting council to win the Second Prize for Sustainable Development Report. By choosing the message "Living happily with Bao Viet" in the Sustainable Development Report, Bao Viet aims at the core value of the business, which is taking People as the central element of development, determining determine all success and failure.
Bao Viet wishes to become a reliable companion, working with customers, shareholders, partners and communities to create a peaceful and prosperous life.
The organizers commented: “The reports have many new and groundbreaking points. For the first time, a Vietnamese company - Bao Viet Group (BVH), entered the final round of judging its sustainable development report, performing an ESG assessment according to Dow Jones international standards.".
Achieving many high domestic and international rankings has demonstrated the value, sustainable business motto and position of a leading corporation like Bao Viet in general and the attraction of BVH shares in particular, approaching and meet regional and international standards, attracting the attention of stakeholders and improving the competitiveness of businesses in the market.
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