On 25 October 2019, An Phat Holdings was the only Vietnamese enterprise reached the final of the Sustainable Development Enterprise under the EuroCham 2019 Award organized by the European Business Association in Vietnam (EuroCham). This award recognizes the efforts of enterprises to pursue sustainable development goal and to have solutions to reduce the impact on the environment.
Each year, An Phat Holdings exports more than 20,000 tons of products to more than 50 countries around the world. Some of them are European Union countries, such as Russia, France, Germany, Italy, Portugal, Spain,… They are important markets of An Phat Holdings. Regarding to packaging – the Group’s key area, the European market accounts for 63% of total export sales worldwide. In addition, AnEco 100% compostable product line of An Phat Holdings has been received the OK Home Compost and OK Compost Industrial certifications. They are certificates issued by TUV (in Austria) – an accrediting organization and certification authorized by the European Association of Bioplastics to test and certify all issues related to technical safety, quality and environmental protection. In the near future, An Phat Holdings will invest an additional $100 million to build factory to produce compostable materials in Vietnam.
The EuroCham 2019 Award recognizes enterprises that achieve sustainable growth and make a positive contribution to Vietnam. This year’s award is presented in 5 categories:
- Sustainability Initiatives Award – Sustainable development enterprises which pursue the goal of sustainable development associated with solutions to reduce the impact on the environment.
- Business Excellence Award – Business Excellence, recognizes enterprises with sustainable growth and success, with a responsible business model and a major contribution to Vietnam.
- Best Entrepreneur Award – Outstanding Entrepreneur, recognizes innovative, creative, outstanding and competitive enterprises, overcoming challenges to success in Vietnam.
- Best Green Business Award – Environmentally friendly enterprise, recognizes the enterprise that produces environmentally friendly products.
- Best New Business Award – Start-up enterprise, recognizes new enterprises with creative thinking. Prizes awarded to enterprises which are under 2 years old.
