Hoa Phat Group JSC 2024 Annual Report with Sustainability Disclosures
Company: Hoa Phat Group JSC
Sector: Manufacturing
Country: Vietnam
Year: 2024
Type: Annual Report with Sustainability Disclosures
The report states that Hoa Phat completed a Group-level greenhouse gas inventory covering 18 subsidiaries across five corporations, verified under ISO 14064-1:2018. In 2024, the Group employed 32,780 workers and generated 3.18 billion kWh from waste heat power plants, supplying over 90% of its electricity needs for steel production. It also allocated over VND 100 billion to social welfare initiatives, including 1,500 homes and a school investment exceeding VND 40 billion.
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