Environmental, Social, And Governance Policy

ESG (Environmental, Social, and Governance) Policy of SOL E&C Investment Construction Joint Stock Company aims to create a sustainable work environment, enhance social responsibility, and protect the environment during construction projects. We are committed to not only working towards business objectives but also contributing to building a better future for the community and the planet.

Environmental

Environmental Protection Commitment:

• We are committed to conducting all business activities with an environmental protection mindset and promoting sustainable development.
• We comply with all relevant laws and environmental standards in the construction industry and ensure compliance with environmental and resource quality requirements.
• We continuously assess and improve our environmental management system according to the ISO 14001 standard that we apply.

Resource and Energy Management:

• We are committed to using resources and energy efficiently and effectively. We implement a continuous and synchronized waste reduction program - Zero waste - based on the 5R principles (refuse, reduce, reuse, recycle, rethink) at projects, departments, and tasks.
• We will establish management measures to reduce waste, utilize recycled resources, and develop green technological solutions to minimize negative environmental impacts.

Net-zero Commitment:

• We are committed to contributing to the fight against climate change. We measure and reduce emissions and carbon through the use of advanced technology, optimization of construction processes, and energy management.
• We will take measures to reduce greenhouse gas emissions, enhance the use of renewable energy sources, and promote the transition to greener technologies and processes. We will increase the utilization of renewable energy sources such as solar power, wind energy, and biofuels to reduce reliance on environmentally polluting energy sources.

Protection of ecosystems and biodiversity:

• We are committed to safeguarding and maintaining biodiversity throughout the implementation of construction projects.
• We will take measures to ensure the respect and protection of ecosystem areas, natural heritage, and rare species of fauna and flora.

Collaboration with Stakeholders:

• We are committed to collaborating with stakeholders, including customers, suppliers, subcontractors, local communities, and environmental organizations, to promote environmental protection goals and sustainable development.
• We will facilitate the sharing of information and knowledge with stakeholders and engage in community environmental activities.

Social

Ethics and Social Responsibility Commitment:

• We are committed to conducting all business activities with the highest respect for ethics and social responsibility.
• We will comply with all relevant laws and social standards regarding human rights and labor.

Labor Management:

• We are committed to creating a fair and safe working environment that encourages personal development of employees.
• We ensure compliance with labor regulations, including non-discrimination based on gender, age, religion, or disability; ensuring fair wages and providing a work-life balance for employees.
• We commit to fair treatment of all employees, creating opportunities for development and career advancement, while supporting education and training programs.

Health and Safety:

• We are committed to ensuring the health and safety of all employees, customers, contractors, and anyone involved in our operations.
• We will establish safety measures and relevant training programs to minimize workplace accidents and protect the health and safety of everyone.
• We continuously assess and improve our occupational health and safety management system according to the ISO 45001 standard.

Community Support:

• We are committed to actively contributing to the surrounding community and supporting meaningful social activities.
• We will participate in social projects, contribute to improving the quality of life, and meet the needs of the community.

Supply Chain and Partner Management:

• We are committed to working with reliable suppliers and partners, sharing our values and social standards.
• We will review and evaluate social factors in the supply chain and interact with partners to ensure compliance with social standards and human rights.

Governance

Ethical Standards in Governance:

• We are committed to adhering to the highest ethical principles in all business and governance activities, ensuring the rights and obligations of the Board of Directors and shareholders are carried out in accordance with rules and legal regulations.
• We will establish and maintain a fair, honest, and transparent environment in all our decisions and actions.
• We will apply best practices in governance, including improving decision-making processes and risk controls in the Environmental, Social, and Governance (ESG) domain.

Responsibilities of the Board of Directors:

• We commit that our Board of Directors will operate with transparency, honesty, and ensure the interests of the company and stakeholders, being ready to invest resources and finances in ESG-related initiatives and improvements.
• We will identify and implement effective governance rules and procedures to ensure accountability and responsibility of the Board of Directors. We will integrate ESG implementation into all project activities, departments, and divisions.

Diversity and Equality:

• We are committed to creating a fair, diverse, and respectful work environment.
• We will provide conditions for diversity and equality in recruitment, promotion, and development of employees, without discrimination based on gender, race, religion, national origin, age, or any other factors.

Internal Control and Compliance:

• We are committed to establishing and maintaining a robust internal control system to ensure compliance with relevant laws and regulations.
• We will promote regular monitoring and auditing to ensure compliance and continuous improvement in the effectiveness of the internal control system.

We are committed to implementing and maintaining this ESG policy in all our business activities. We will continuously evaluate and improve the effectiveness of this policy and ensure it aligns with ESG standards and best management practices.

Promulgated by

General Director

Mr. Le Chi Trung