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Vietnam Electricity is a fully state-owned company headquartered in Hanoi, Vietnam. The company runs its own large-scale hydropower and coal-fired power plants, which contribute up to 58% of the national power generation system. Its core businesses include electricity production, transmission and distribution, through which it serves 29 million customers.
Summary
Vietnam Electricity performs poorly in the 2024 Urban Benchmark, with clear potential to improve its reporting on a substantial number of sustainability topics. The company discloses its goal to provide a stable supply of energy to its customers, and reports progress in its metrics for service quality and reliability. However, the company has limited disclosure on topics such as air pollution, greenhouse gas emissions, health and safety and water withdrawal, making it difficult to assess its full impacts on people and the planet.
To strengthen its sustainability governance, Vietnam Electricity should identify its most significant sustainability risks and opportunities through a materiality assessment. The company should also draft and publish a sustainability strategy that integrates these priorities into its overall business strategy, and assign clear accountability for strategy oversight and implementation. Furthermore, Vietnam Electricity is recommended to establish measurable, time-bound and, where possible, science-based targets to reduce its negative impacts, with emphasis on greenhouse gas emissions. The company should also disclose public policy commitments to uphold fundamental human and labour rights across its operations.
Ranking position
#208
/300
Total score
2.0
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
0.0
/100
Rank (0-300)
#181
Measurement area
Inclusive Cities
Score
# 1
10.0
/100
Rank (0-300)
#182
Measurement area
Healthy Cities
Score
# 1
0.0
/100
Rank (0-300)
#174
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
0.0
/100
Rank (0-300)
#195
Industries
Industries
Energy distribution
#38
More about the company
Headquarters
Vietnam
Ownership structure
Government
Revenue
USD 19,896 billion (2022)
Number of employees
-
Website
https://en.evn.com.vn
63716
