Hanoi (VNA) - The American Chamber of Commerce (AmCham) honoured 35 outstanding member companies with its Corporate Social Responsibility (CSR) Recognition Awards at a ceremony in Hanoi on December 4.
The honourees are companies that have demonstrated outstanding CSR initiatives in 2024, showing strong commitment to and understanding of the linkages between business operations and society, along with those conducting business in a way that creates both long-term economic and social values in Vietnam.
The annual CSR Awards mark the tenth anniversary this year. They aims to raise awareness about corporate social responsibility among AmCham members and the community.
To win a CSR award, companies must excel in four distinct categories, including aligning business objectives with societal demands, creating long-term economic and social benefits, effectively communicating and sharing best practices, and ensuring sustainability in their programmes.
Addressing the event, AmCham Executive Director Adam Sitkoff stated that while business decisions in the past primarily aimed at achieving economic outcomes, companies today must also take into account the moral, ethical, and social implications that may result from these decisions.
CSR is no longer measured by the amount of money a company donates to charity but by the extent of its involvement in activities to improve the quality of life for people in Vietnam, he noted.
Sitkoff highlighted the significance of the CSR programmes performed by AmCham member companies in Vietnam, saying that as customers, employees, and society increasingly value CSR, many leaders view it as a creative opportunity to strengthen their business operations and simultaneously contribute to the country's development./.
VNA
