Home Credit Integrates ESG into Business Strategy for Sustainable Growth

Hanoi, Vietnam - A leading financial institution in Vietnam, Home Credit Vietnam, has emphasized that integrating environmental, social, and governance (ESG) initiatives into its business strategy is essential for sustainable growth.

According to Jakub Kudrna, chief strategy officer and chairman of Home Credit Vietnam's ESG Steering Group, a successful ESG strategy requires a close connection between several factors. By implementing metrics such as energy consumption, carbon emissions, and employee commuting habits, the company has made significant strides in reducing its environmental footprint.

"We view the environment as the cornerstone of our policy," said Kudrna. "Protecting the environment not only benefits society but also contributes to maintaining our business's market position."

Home Credit Vietnam prioritizes inclusive financial solutions for underserved customers, promoting sustainable development in the community and reducing inequality. The company also focuses on risk management, transparency, and data security to protect customer information and foster trust.

ESG is no longer a secondary goal but an integral part of Home Credit's overall business strategy. "We don't see ESG as a trade-off," said Kudrna. "Instead, we integrate ESG into our development strategy so that we can grow in parallel with our core strengths."

The company believes that companies should not need to choose between profit and sustainable development. By implementing an effective ESG strategy, businesses can enhance consumer trust, attract talent, and create a solid foundation for long-term growth.

Home Credit Vietnam collects feedback from employees annually to assess their pride in the company's ESG values. Leaders play a key role in driving the implementation of the ESG strategy and inspiring employees to participate.

In light of the volatile financial market situation, Home Credit Vietnam prioritizes sustainable development with tight risk control, ensuring secure operations with adequate buffers.

The company has released its Sustainability Report 2023, demonstrating the integration of environmental, social, and governance (ESG) factors in all operations at the digital finance company.