On October 30, Dan Tri Newspaper organized the Workshop "Sustainable Human Resources - The Focus of the "S" in ESG". ESG is an acronym for E-Environmental; S-Social and G-Governance, a set of standards to measure factors related to sustainable development and the impact of enterprises on the community. The higher the ESG score of an enterprise, the better its ESG practice capacity.
As the middle factor in the ESG criteria, the letter S represents the commitment of enterprises to creating value for the community, improving the quality of life for people, first of all the employees of each unit. This is the most important factor in shaping the long-term development strategy for enterprises in particular and the entire economy in general.
With a strong commitment at the COP26 Summit, Deputy Minister of Labor, Invalids and Social Affairs Nguyen Thi Ha said that Vietnam is also striving to implement sustainable development goals, in which ESG development plays an important role, contributing to promoting economic growth, protecting the environment and improving social life.
According to Ms. Ha, sustainable human resources are not only about attracting and retaining talented people, but also about building a healthy, safe, fair working environment and creating conditions for employees to develop comprehensively in terms of physical, mental and intellectual aspects. This requires the joint efforts of all parties, from state management agencies, enterprises, employees and social organizations.
Mr. Pham Van Viet, Chairman of the Board of Directors of Viet Thang Jeans Company Limited and Permanent Vice Chairman of the Ho Chi Minh City Textile, Embroidery and Knitting Association, shared about "Building a human resource strategy focusing on ESG" based on his company's experience.
To maintain competitiveness and sustainable development, Mr. Viet believes that the textile and garment industry needs to improve product quality, optimize production and distribution processes, and apply flexible and creative marketing strategies combined with AI technology to reach customers more effectively.
"We understand that human resource management is a core factor to promote ESG. In the textile industry, where the workforce is large and multi-generational, salary is no longer the top factor to retain talent. Employees are increasingly interested in the values they receive, including fairness, transparency and flexibility in work," said Mr. Viet.
