With strong commitments and effective operations, Gemadept Corporation (Stock Code: GMD) was recently honored to be selected by the Ho Chi Minh City Stock Exchange (HOSE) as one of the top 20 stocks in the Vietnam Sustainability Index (VNSI). This result once again affirms Gemadept’s genuine and effective efforts in implementing its sustainable development strategy, while also reflecting the trust of the investment community and the market in the Company’s capabilities and long-term vision.
Developed by the Ho Chi Minh City Stock Exchange (HOSE) since 2017 with technical advice from the German Development Cooperation Organization (GIZ) and independent review support from IFC & PwC Vietnam, the VNSI is a leading prestigious index in Vietnam.
This index selects 20 companies with the highest sustainability scores from the VN100 basket, based on an assessment of more than 100 strict criteria related to Environment (E), Society (S), and Governance (G). These criteria are in line with international standards such as the OECD Principles of Corporate Governance and the global Sustainability Reporting Standards (GRI).
The real-world data further solidifies the reputation of this index. According to statistics, the performance of the VNSI has demonstrated outstanding growth. Specifically, over the last five years, the VNSI has recorded an impressive growth rate of +146.48%. This indicates that the companies within the index not only operate responsibly but also possess a solid financial foundation and attractive growth potential. Being selected for the VNSI is seen as a “passport” that vouches for a company’s commitment to sustainable development, building strong confidence among investors, partners, and green credit funds.
Being honored in the VNSI index basket is the result of Gemadept’s systematic and consistent effort to integrate a sustainable development strategy into all its business and operational activities. The Company has been a pioneer in applying modern technology and digital transformation solutions to optimize operations, inventory greenhouse gas emissions, and green its seaports, thereby minimizing environmental impact across its entire port and logistics system nationwide.
Outstanding advantages to anticipate the new wave of capital
This achievement for Gemadept comes at a particularly important time, as the Vietnamese stock market has the opportunity to be upgraded from a “frontier” to an “emerging” market by prestigious international organizations like FTSE Russell and MSCI. This event is expected to trigger a huge investment flow, estimated at 5 to 8 billion USD, into Vietnam.
At that time, international investment funds will prioritize searching for stocks that not only meet the criteria of scale and liquidity but also meet strict conditions of governance and sustainable development. By being present in the VNSI index basket, Gemadept continues to consolidate its superior advantages, ready to receive high-quality investment capital.
The recognition from HOSE and the market affirms Gemadept’s position and leading role in promoting sustainable development within Vietnam’s port and logistics industry. Moving forward, Gemadept will remain committed to its ESG (Environmental, Social, and Governance) goals, upholding its pioneering role through specific actions and continuous innovation to deliver efficient, environmentally friendly solutions. This will contribute to building a green and responsible economy.
