OVERVIEW OF SUSTAINABILITY REPORT

PVCFC ALWAYS CONSIDERS SUSTAINABLE DEVELOPMENT AS ITS STRATEGIC TARGET COMBINED WITH ECONOMIC GROWTH GOAL, ENSURING HARMONIOUS INTERESTS BETWEEN STAKEHOLDERS, ENVIRONMENTAL SUSTAINABILITY TOWARD SOCIAL AND COMMUNITY PROSPERITY. SUSTAINABILITY REPORT IS CONSIDERED AS A BRIDGE BETWEEN PVCFC AND STAKEHOLDERS IDENTIFYING OUR STRATEGIC ORIENTATIONS AND COMMITMENTS TO STAKEHOLDERS.

APART FROM MENTIONING ECONOMIC GROWTH IN SUSTAINABILITY REPORT, PVCFC ALSO ASSESSES OUR SOCIAL AND ENVIRONMENTAL RESPONSIBILITIES TO BALANCE OUR FUTURE PLANS TOWARD SOCIAL AND CORPORATE SUSTAINABILITY TARGETS IN THE NEXT FINANCIAL YEARS.

SUSTAINABILITY CONTENT

In 2021, PVCFC applied Guidelines to support corporate reporting on sustainable development in accordance with Guidelines for annual performance reports of Vietnam Annual Report Awards (ARA), environmental and social information disclosure Guide of State Securities Commission, IFC and Circular No 96/2020/TT-BTC providing guidelines on disclosure of information on securities market of Ministry of Finance. Besides, we also referred to GRI standards to identify key areas impacting stakeholders to have a comprehensive overview on building sustainability report content and setting up sustainable business strategies in the future.

SCOPE OF REPORT

The report was made in Vietnam focusing on fertilizer trading and production activities. PVCFC’s report included: all information and operating results of Parent Company and 01 Subsidiary - Petroleum Packaging Joint Stock Company (PPC).

REPORTING PERIOD

Information and data included in the report was updated in the 2021 fiscal year of PVCFC, starting from 01 January 2021 and ending on 31 December 2021. Reports on occupational, social and environmental health & safety were generated from key activities performed by Parent Company and its member companies. The reports presented operating results in 2021 and mentioned development orientations and goals in the coming years related to the Company’s sustainable development.

STRUCTURE OF REPORT

Practical approaches to sustainable development of PVCFC derived from its long-term sustainable economic growth targets combined with social development and environmental protection goals, making positive contributions to the common development goals for society.

2021 was the 7^th year that PVCFC mentioned about sustainability report content and included in Chapter 1 of Annual Report. Sustainable development goals related issues continued to be evaluated and considered in relation with current activities, status and actual practices, identifying critical issues to review, update and fully presented in sustainability report content in the coming years.

CONTACT INFORMATION

We are looking forward to receiving your sincere comments to make our report more transparent, complete and accurate. Should you have any opinion related to sustainable development issues, please send us at: