FPT Commits to Sustainable Development, Aligning with ESG Standards
16 April 2024 - 7:22AM
Business Wire
As part of its ongoing commitment to the highest standards of
sustainable development, FPT Corporation (FPT) has published its
ESG report and prioritized ESG as a key aspect of its 2024
development strategy. The report highlights FPT’s achievement of
87% positive employee feedback, certified by Great Place to Work® -
a significantly higher rating than a typical global company’s
average of 53%. The Corporation is also certified among Vietnam's
Top 10 Best Large-Scale Workplaces.
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Happy Run race is one of FPT’s social
responsibility activities (Photo: Business Wire)
“In 2023, I described FPT as a joyful sanctuary. I delineated
the concept wherein FPT assumed the role of building a happier
future for shareholders, customers, and employees. This depiction
has begun to manifest itself into reality,” said FPT Chairman Dr.
Truong Gia Binh.
FPT’s ESG commitment is reflected in four key areas: Work
Environment, Environmental Sustainability, Social Responsibility,
and Excellent Governance, with actions taking references from
Global Reporting Initiative (GRI) Standards and 17 Sustainable
Development Goals of the United Nations.
Building on the core values of "Respect - Innovation - Cohesion
- Equality - Exemplarity - Lucidity," FPT is committed to creating
a happy, diverse, and inclusive workplace. The Corporation has
employees from 73 nationalities, with women representing 37.4% of
the total workforce and 36.1% of managerial roles.
In 2023, the number of foreign employees at FPT increased by 67%
year-on-year to 2,925, including senior-level members from such
companies as Airbus, SCSK, Tata Consultancy Services, and HCL. FPT
also recorded a decade-low turnover rate of 10.3% and a 13.6%
increase in the total workforce compared to 2022. “We prioritize
building a cohesive, family-like atmosphere where leaders and
employees regard one another as family. In times of adversity, we
stand together and never leave anyone behind,” FPT Chairman Dr.
Truong Gia Binh added.
Social responsibility forms an integral part of FPT's culture.
In 2023, FPT donated VND 205.2 billion (approximately $8.2 million)
to social responsibility activities, benefiting over 83,753 people
in Vietnam. The company's first global Happy Run race attracted
191,000 participants, raising VND 3.6 billion (approximately
$145,000) to build schools in remote areas. Hope School - FPT’s
initiative to support children orphaned by COVID-19 - has continued
to ensure a safe and comprehensive learning environment for 230
students from 41 provinces, with a new construction set to be
completed in 2024.
The Corporation also demonstrates its strong commitment to
environmental conservation and the ambitious goal of becoming the
pioneering company in Vietnam to achieve Net Zero emissions by
2040. FPT has been applying various measures to minimize
environmental impact by reducing energy consumption and greenhouse
gas emissions, such as monitoring 100% of energy usage data and
replacing 100% of office waste bags with recyclable materials,
while ensuring all employees receive annual training on
environmental protection policy.
Regarding corporate governance, FPT pledges to build and
maintain a governance framework including charter, regulations,
process handbooks, and regulatory documents across the Corporation
to ensure a professional, effective and disciplined governance
system from the Corporation to its subsidiaries.
Vertical functional management and centralized data management
serve as the "backbone" of FPT's efforts to optimize its management
and operations, as well as fostering sustainable growth. The
Corporation also conducted internal digital transformation
projects, with 42 being implemented in 2023 to ensure cost savings,
optimize operations, and improve experience for both employees and
customers.
About FPT Corporation
FPT Corporation (FPT) is a globally leading technology and IT
services provider headquartered in Vietnam. FPT operates in three
core sectors: Technology, Telecommunications, and Education. During
over three decades of development, FPT has constantly provided
practical and effective products to millions of people and tens of
thousands of business and non-business organizations worldwide,
establishing Vietnam’s position on the global tech map. Keeping up
with the latest market trends and emerging technologies, FPT has
developed the Made-by-FPT ecosystem of services, products,
solutions, and platforms, which enables sustainable growth for
organizations and businesses and offers distinctive experiences to
customers. In 2023, FPT recorded a total revenue of US$2.17 billion
and 48,000+ employees. For more information, please visit
https://fpt.com.vn/en.
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Mai Duong (Ms.) FPT Software PR Manager MCP.PR@fpt.com