Sustainability is crucial for business growth: VCCI leader

In today's context, addressing global warming and promoting sustainable development are more urgent than ever, emphasized President of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong.

“Thus, sustainability is viewed not merely as a goal but as a strategic necessity for all businesses moving forward,” Mr. Cong told the Vietnam Corporate Sustainability Forum (VCSF) 2024 themed "Net Zero 2050: Nurturing Trust – Creating Transformation" held in Hanoi on September 10.

According to the VCCI leader, Vietnam, as a responsible nation, is committed to actively reducing greenhouse gas emissions, the primary driver of global warming. The Party and State, with full support of the political system, have established two key roadmaps for sustainable development: adapting to climate change and building resilience, and mitigating impacts of climate change by decarbonizing the growth process. This includes implementing a phased approach to reduce emissions and transitioning the economy away from carbon-intensive energy sources, with the goal of achieving net-zero emissions by 2050.

To accomplish these roadmaps, Mr. Cong emphasized the crucial role of the business community. And the forum serves as a vital opportunity for  businesses to collaborate and reaffirm their trust and efforts in the process of realizing the goal of reducing net emissions to "zero" by 2050, he added.

“The trust is steadily growing, which will create significant momentum for a comprehensive transformation. This includes shifting awareness, changing mindsets and driving actionable initiatives. We are confident that, with the collective support of the entire political system, the business community's efforts toward green transformation will be successful,” stated the VCCI president.