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PVFCCo – Phú Mỹ Named Among Vietnam’s Top 50 ESG Leading Companies in 2026

Forbes Vietnam recently announced the list of Vietnam’s Top 50 ESG Leading Companies for 2026. PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phú Mỹ, HOSE: DPM), a member of the Vietnam National Industry – Energy Group, was honored as the sole enterprise from Vietnam’s fertilizer and chemical industry to be featured in this year's ranking.

The ranking results from a rigorous screening and evaluation process. SGS Vietnam conducted an independent technical assessment across 66 performance indicators, weighted at 35% Environmental, 25% Social, 25% Governance, and 15% Financial & Compliance. Forbes Vietnam also applied the Forbes Eligibility Index comprising 10 baseline criteria. To qualify, participating companies were required to fulfill at least 80% of the requirements, demonstrate zero material issues impacting eligibility, and submit fully verifiable metrics, data, and documentation. PVFCCo – Phú Mỹ fulfilled all evaluation criteria with proven operational results verified by independent international assurance organizations.

Under the Environmental (E) pillar, in July 2026, PVFCCo – Phú Mỹ achieved certification of conformity with ISO 14064-1:2018 for the "2025 Greenhouse Gas (GHG) Inventory Report" of the Phú Mỹ Fertilizer Plant. BSI Assurance UK conducted an independent verification at a reasonable assurance level, confirming total emissions of 813,433 metric tons of CO2 equivalent. This milestone marked the first time the Corporation expanded its inventory boundary to include Scope 3 emissions, while pioneering industry-wide product carbon footprint tracking under ISO 14067:2018 for five core product lines. Directly on production lines, the Corporation saved nearly 598,000 MMBTU of energy in 2025, lowering specific energy consumption by 11.2% compared to 2023.

The Governance (G) framework has been continuously upgraded in accordance with OECD standards and recommendations. The Board of Directors approved the Sustainable Development Strategic Direction for 2026–2030 with a vision to 2050, established a dedicated ESG Project Taskforce, and instituted a quantitative system of 26 key metrics. The 2025 Sustainability Report referenced concurrently the GRI Universal Standards 2021, the SASB Chemicals Standard, as well as IFRS S1 and IFRS S2, raising the comparability of corporate ESG disclosures to global benchmarks.

Under the Social (S) pillar, PVFCCo – Phú Mỹ consistently demonstrates high responsibility toward key stakeholders, including partners, customers, local communities, government authorities, and employees. Each year, the Corporation allocates substantial budgets to social welfare and community programs. To date, the enterprise has planted over 300,000 trees, exceeding its targeted commitment.

Transparent ESG data disclosure remains a central commitment for PVFCCo – Phú Mỹ. On this foundation, the Corporation aims to expand access to green financing, fulfill increasingly stringent emission standards across global supply chains, and systematically realize its Net Zero roadmap by 2050.

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