FPT Corporation, a leading technology and IT services provider based in Vietnam, is reaffirming its dedication to sustainable development and environmental, social, and governance (ESG) standards. The company recently published its ESG report, making it an integral part of its 2024 development strategy.
FPT’s commitment to sustainable development is evident in its focus on four key areas: Work Environment, Environmental Sustainability, Social Responsibility, and Excellent Governance. The company follows the Global Reporting Initiative (GRI) Standards and aligns its efforts with the 17 Sustainable Development Goals set by the United Nations.
By prioritizing its core values of “Respect – Innovation – Cohesion – Equality – Exemplarity – Lucidity,” FPT aims to foster a happy, diverse, and inclusive workplace. The corporation has achieved remarkable diversity, with employees from 73 nationalities and women occupying 37.4% of the total workforce and 36.1% of managerial roles. In 2023, the number of foreign employees at FPT rose by 67% compared to the previous year, showcasing its global reach and appeal.
FPT also places great emphasis on social responsibility. The company donated approximately $8.2 million to various social responsibility activities in 2023, benefitting thousands of individuals in Vietnam. One notable initiative, the Happy Run race, brought together 191,000 participants and raised $145,000 to construct schools in remote areas. Additionally, FPT’s Hope School provides a safe and comprehensive learning environment for 230 students orphaned by COVID-19, with new construction efforts underway for completion in 2024.
Environmental conservation is a top priority for FPT, as the company strives to be a leader in achieving Net Zero emissions in Vietnam by 2040. FPT implements measures to minimize its environmental impact, including monitoring energy usage data, using recyclable materials for office waste bags, and providing annual environmental protection training to all employees.
To ensure professional and effective governance, FPT maintains a robust governance framework across the corporation and its subsidiaries. This framework consists of charters, regulations, process handbooks, and regulatory documents that promote ethical and disciplined practices.
By optimizing its management and operations through vertical functional management and centralized data management, FPT aims to achieve sustainable growth. The company also focuses on digital transformation projects to enhance operational efficiency and customer experience, resulting in cost savings.
As a global technology and IT services provider, FPT has established its presence on the global tech map, delivering practical and effective solutions to millions of individuals worldwide. With a revenue of over $2.17 billion in 2023 and a workforce of 48,000+, FPT continues to drive innovation and create distinctive experiences for its customers.
For more information about FPT Corporation, please visit https://fpt.com.vn/en
FPT Corporation is demonstrating its commitment to sustainable development and environmental, social, and governance (ESG) standards through its recently published ESG report. The company is focused on four key areas: Work Environment, Environmental Sustainability, Social Responsibility, and Excellent Governance.
In terms of its workforce, FPT has achieved remarkable diversity with employees from 73 nationalities and a significant representation of women in its workforce. In 2023, the number of foreign employees at FPT rose by 67%, indicating its global reach and appeal. This diverse and inclusive workplace is aligned with FPT’s core values of “Respect – Innovation – Cohesion – Equality – Exemplarity – Lucidity.”
FPT’s commitment to social responsibility is evident through its significant donations to various activities in Vietnam, amounting to approximately $8.2 million in 2023. The company’s Happy Run race, which raised $145,000, was particularly noteworthy as it contributed to the construction of schools in remote areas. FPT’s Hope School is also providing a safe and comprehensive learning environment for 230 students orphaned by COVID-19.
Environmental conservation is a top priority for FPT, and the company aims to achieve Net Zero emissions in Vietnam by 2040. FPT implements measures such as monitoring energy usage data, using recyclable materials for office waste bags, and delivering annual environmental protection training to all employees.
To ensure effective governance, FPT maintains a robust governance framework consisting of charters, regulations, process handbooks, and regulatory documents that promote ethical and disciplined practices. This framework extends across the corporation and its subsidiaries.
FPT’s focus on digital transformation projects not only enhances operational efficiency but also improves customer experience, resulting in cost savings. These initiatives contribute to the company’s sustainable growth.
While FPT has established its presence on the global tech map and continues to drive innovation, there are several challenges and controversies associated with the subject of sustainable development and ESG standards. Some key challenges include the need to balance economic growth with environmental conservation, ensuring transparent reporting and accountability, and addressing potential criticisms of greenwashing. Additionally, there may be controversies surrounding the effective implementation of ESG standards and the ability to achieve ambitious sustainability goals.
In conclusion, FPT Corporation is actively demonstrating its commitment to sustainable development and ESG standards through various initiatives. The company’s focus on a diverse and inclusive workforce, social responsibility, environmental conservation, and effective governance reflect its dedication to long-term sustainable growth.
For more information about FPT Corporation, please visit the official website: https://fpt.com.vn/en.