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Dow Wins Amcham CSR Recognition Award for Second Consecutive Year
HA NOI, VIETNAM – November 30th 2016 – Dow received Amcham CSR Recognition Award 2016 for its sustainable Corporate Social Responsible (CSR) practices in Vietnam for the second consecutive year. The prestigious award demonstrates public recognition by a reputed organization for Dow’s active engagement in helping the Vietnamese to address pressing challenges such as Access to Safe and Clean Drinking Water, Sustainable Operations, and Environment Protection.
One of Dow’s most notable CSR initiatives in 2016 is providing eight water purification systems to rural schools and hospitals which benefited more than 4,000 students and patients with safe and clean drinking water. This follows the renewal of a two-year Memorandum of Understanding with the People’s Aid Coordinating Committee (PACCOM). Dow’s most recent CSR initiative includes its joint efforts in making Hanoi Lakes Cleaner, and conserving water resources and protecting environment with the participation of more than 1,200 volunteers. On top of that, Dow’s other CSR activities include as follows:
- Empowering more than 2,300 enterprises in 38 nationwide provinces with knowledge in cleaner production and waste management, as well as promoting the circular economy concept for sustainability and environment protection for Vietnamese enterprises. Dow’s role as Co-Chair and one of the founding members of the Vietnam Business Council for Sustainable Development (VBCSD) fully supports this.
- Four on-going “Building homes, building hope” projects for the underprivileged.
- A meaningful “Color of Love” project in collaboration with strategic customer/ partner to improve school facilities and learning conditions for more than 1,000 pupils.
- A 20 million VND scholarship to Ho Chi Minh City Youth Social Work Center to benefit the students of Tran Van On Primary School.
- Sponsorship of AmCham scholarship program for Vietnamese young talents.
Significantly, in 2015, Dow has embarked on the third stage of our sustainability journey with very ambitious 2025 Sustainability Goals to address each of the United Nations Sustainable Development Goals (UN SDGs) and will incorporate the value of nature and society into all of our business decisions. Dow Vietnam’s very CSR initiatives are in line with Dow’s 2025 Sustainability Goals that advance the well-being of humanity by helping lead the transition to a sustainable planet and society.
Mr. Tomoyuki Sasama, General Director of Dow Vietnam said, “Dow envisions becoming a key partner of Vietnam’s economic growth and prosperity for the long term, by driving innovations that help enhance the sustainable strength of Vietnam’s industries. In so doing, CSR initiatives serve as a principal focus of our business strategy and we are proud to be honoured by Amcham with the CSR Recognition Award for the second consecutive year. This very award inspires us to keep contributing to Vietnam’s sustainable growth in all areas of our business operations.”
Mr. Adam Sitkoff, Executive Director, Amcham in Hanoi appraised Dow’s achievement, “This is the second year that we organize Amcham CSR Recognition Award Program to recognize firms with best practice CSR programs in Vietnam. Congratulations to Dow for being honoured in our winner list for two consecutive years, which means that they have shown an understanding of the linkages between business operations and society, and conducting business in a way that creates both long-term economic and social value.”
U.S. Ambassador to Vietnam, H.E. Ted Osius said at the award ceremony: “A year ago, I was here to present the AmCham CSR Recognition Award to Dow, and today I am delighted to congratulate Dow on its second consecutive recognition. I greatly appreciate Dow’s outstanding work in Vietnam, both in its contributions to the country’s economic growth and in its efforts to bring clean water to underserved communities. The Corporate Social Responsibility programs that American enterprises conduct in the communities where their employees live and work are remarkable instruments of public diplomacy, demonstrating American industry’s commitment to sustainable and responsible development here in Vietnam and the world over. As evidenced by this award, Dow continues to lead its peers by example, and I look forward to its continued good works.”
During its over two decades of operation in Vietnam, Dow has been a partner to the country’s progress and development and has always been committed to contributing to the country’s industrial growth for the long term. Today, Dow’s products are essential inputs to many downstream and supporting industries in Vietnam. As a key partner to Vietnam’s economic growth and prosperity, Dow Vietnam always endeavours to add value to most of the country’s advanced manufacturing industries that continue to create jobs and revenues for the local economy.
Source: Dow Vietnam
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