10:27 | 11/12/2018 Companies
The Electricity of Vietnam (EVN) has entered the list of the top 100 sustainable enterprises in 2018 which was announced by the Vietnam Business Council for Sustainable Development (VBCSD), under the Vietnam Chamber of Commerce and Industry (VCCI).
|At the awarding ceremony - Source: VNA|
The group has joined the assessment of corporate sustainability index (CSI) for the first time. Launched in 2015, the CSI has 131 indicators for enterprises to assess their economic, social and environmental aspects.
In 2017, EVN generated 174.65 billion kWh of electricity, posting a rise of 9.3 percent from 2016.
The group has so far connected all communes and 98.83 percent of households nationwide to the national power grid. With that, Vietnam has been recognized by the World Bank as one of the countries with the best power access by remote and rural areas.
Vietnam’s Getting Electricity indicator was ranked 27th among 190 countries and economies in the World Bank’s Doing Business report in 2018, up 37 places from last year.
The indicator was assessed based on procedures, time and cost to connect to the national grid, reliability in electricity provision and transparency of electricity cost.
It is the fifth consecutive year Vietnam’s Getting Electricity has improved. With 87.94 points, the highest level so far, Vietnam recorded the highest increase in the indicator in Southeast Asia.
At the ceremony announcing the top 100 sustainable enterprises on November 22, VCCI Chairman Vu Tien Loc said in past three years, the CSI programme has helped increase corporate awareness on sustainable practices and encourage the enterprises to work for the realisation of the UN’s 17 sustainable development goals (SDGs).