On December 09, BNP Paribas Vietnam and Mobile World Joint Stock Company (“TGDĐ”) (a member of “MWG”) signed a Sustainability-Linked Trade Finance Agreement.
The sustainability-linked Trade finance agreement between BNP Paribas and TGDĐ is not only financially significant but also reflects the ongoing efforts of both parties to realize their ESG (Environmental, Social, and Governance) sustainability commitments while generating a positive impact on customers, partners, investors, and the community.
To participate in this loan, TGDD underwent stringent management and a strict credit approval process for sustainability-linked trade finance from BNP Paribas Vietnam The company has set specific, clear ESG performance targets and indicators (KPIs) and in line with Sustainability-Linked Loan Principles (“SLLP”), Accordingly, TGDD has been and is actively reducing greenhouse gas emissions in its stores (Scope 1 and 2 in intensity), while implementing actions to minimize plastic waste during operations
On this occasion, Mr. Vu Dang Linh, Chief Financial Officer of Mobile World, stated:
“Sustainability is not just a trend; it is our responsibility towards the environment and society. This sustainability-linked trade credit will help the company achieve its environmental goals and build a more sustainable retail ecosystem while spreading a positive message to stakeholders. We are committed to further efforts to contribute to Vietnam’s green transformation journey in general, and the retail sector in particular.”
With 20 years of operation, in addition to its business objectives, MWG has always emphasized sustainable development goals linked with its business activities, ensuring that corporate benefits align with community welfare. The company has been and is actively collaborating with the Vietnamese government and other countries worldwide towards a net-zero emissions target by 2050, contributing to environmental protection and combating climate change.