ACECOOK VIETNAM HONORED AT VIETNAM ESG AWARDS 2024

With its outstanding, people-centric employee welfare policies, Acecook Vietnam was recently honored at the Vietnam ESG Awards 2024 in the “Outstanding Employee Welfare Policy” category.

This award is a well-deserved recognition of Acecook Vietnam’s remarkable contributions to implementing ESG (Environmental, Social, Governance) criteria, particularly within the “S – Social” pillar.

Putting People at the Center of the Development Journey

Within the framework of the first Vietnam ESG Forum, the Vietnam ESG Awards honored businesses and organizations that have excelled in implementing ESG criteria, aiming for sustainable development goals.

Acecook Vietnam Joint Stock Company was proud to receive the “Outstanding Employee Welfare Policy” award.

As one of the leading food companies in Vietnam, Acecook Vietnam has long been committed to a sustainable development strategy rooted in its philosophy of “Contributing to society through the path of food.”

Throughout its journey of formation, development, and creating a “Happy Society,” Acecook has implemented comprehensive human resources policies that treat people as a core value. The company has been building a healthy work ecosystem, with clear compensation policies and transparent training and career advancement paths. At Acecook, every employee is recognized, listened to, and empowered to grow.

Some of the key policies implemented across Acecook Vietnam include:

• Diversity – Equity – Inclusion: A work environment free from discrimination based on gender, age, or position, which values listening and empowerment to unlock each individual’s potential.
• Fostering Innovation: Regular programs to encourage new ideas, promoting continuous improvement and innovation.
• Comprehensive Care: From periodic health check-ups and psychological counseling to life skills classes and internal sports activities.
• Occupational Safety: Strict training and supervision of working conditions in accordance with international standards.
• Flexible Benefits: A benefits system designed based on the specific needs of different employee groups, including educational support for children, holiday bonuses, living allowances, and leave policies.

For 30 years, while serving millions of meals to Vietnamese families, Acecook has also demonstrated its responsibility to the community through numerous humanitarian projects that contribute value to society. These include disaster relief efforts, scholarships for students, and projects promoting health, nutrition, music, and sports. This is both a company’s social responsibility and Acecook’s way of “giving back” to the society that has nurtured its growth.

ESG Aligned with the “3 Happy” Values

For the company, ESG is always aligned with its set of “3H” values: Happy Consumers, Happy Society, and Happy Employees.

Beyond leading the way in caring for its staff, Acecook also aims to become a pioneer in sustainable development within Vietnam’s instant noodle industry. This includes commitments to minimizing environmental impact, enhancing social responsibility, and building a transparent and effective governance system. Specifically:

For the E – Environment pillar, Acecook Vietnam continuously strives to reduce its environmental impact through a series of green initiatives:

• Switching from plastic to paper cups for its instant cup noodle products, reducing plastic usage by over 80%.
• Gradually replacing coal-fired boilers with boilers that use biomass fuel.
• Using “green energy” from its solar power system for production.

In the G – Governance aspect, the company promotes transparency and efficiency in its internal governance and operations to build a long-term, reliable business ecosystem.

Furthermore, catering to modern consumers, Acecook Vietnam continuously researches and develops nutritional products that align with healthy lifestyle trends, adding supplements like vitamin B12, calcium, and fiber to help improve the quality of daily meals for the Vietnamese people.

In 2025, Acecook Vietnam will celebrate 30 years since its first day of sales (July 7, 1995 – July 7, 2025). Through the message “Cook Happiness Through Innovation,” the company commits to continually enhancing product quality, fostering creativity, connecting with the community, and creating sustainable value for consumers, employees, and society.