Suntory Pepsico has been in the Top 100 businesses paying the most corporate income tax for 7 consecutive years and the Top 100 sustainable development businesses evaluated by VCCI.

After nearly 3 decades of operation in Vietnam, Suntory PepsiCo has built 5 manufacturing plants, providing jobs for nearly 3,000 direct and thousands indirect workers.

Also read: U.S.-Supported Green Index to Promote Environmentally Friendly Business Ecosystem in Vietnam

From 2016 to 2022, the company has always been on the list of 100 businesses paying the most corporate income tax to the Vietnamese state, affirming its leading position in the beverage industry. The company has also just received a certificate of merit, "Recognition of tax policy compliance," from the Tax Department of Quang Nam, Can Tho, and Dong Nai. In addition, for many years, Suntory PepsiCo has also received certificates of merit for paying taxes in the provinces and cities where the company has manufacturing plants, such as Bac Ninh, Dong Nai, and Ho Chi Minh City.

Representative of Suntory Pepsico Vietnam (4th from left) received the title "Excellent Enterprise in ESG initiatives creating positive impacts for the community" awarded by AmCham on November 22, in Hanoi. Photo: Suntory PepsiCo Vietnam

This November, Suntory Pepsico Vietnam continues to receive international awards for leading businesses and sustainable development, such as the ESG Business Awards in Singapore and the Asia Corporate Excellence & Sustainability Awards in Malaysia. On November 22, the company was honoured by the American Chamber of Commerce (AmCham) for "excellence in ESG initiatives that create positive impacts for the community".
With the vision of "Developing for good," innovative thinking, and meeting consumer tastes, Suntory Pepsico constantly launches many initiatives to realize the goal of sustainable development.

As one of the founding members of the Vietnam Packaging Recycling Alliance (PRO Vietnam), Suntory PepsiCo focuses on improving environmentally friendly packaging through initiatives to reduce plastic and increase the use of recycled plastic.

In 2021, Pepsi products with packaging made 100% from recycled plastic will be launched. Thanks to plastic reduction initiatives and packaging made from recycled plastic, the company has reduced more than 3,470 tons of plastic in production, reducing nearly 27,000 tons of carbon into the environment this year.

Read more: Vietnam eyes transition to green production for sustainable value

Sustainability is not just green

To reduce greenhouse gas emissions into the environment, Suntory PepsiCo also aims to increase the use of renewable energy sources to replace fossil energy, such as biofuel for steam production replacement for DO oil fuel. Responding to consumer tastes and needs, Suntory PepsiCo continuously diversifies products by producing drinks with reduced sugar and calorie content and products supplemented with vitamins and nutrients.

Representatives of Suntory PepsiCo Vietnam, the Central Youth Union and Binh Thuan province shake hands in the program of planting trees in watershed forests in Ham Thuan Bac district in 2023. Photo: Suntory PepsiCo Vietnam

Along with business and environmental protection initiatives, the company also implements many community activities, typically the "Mizuiku - I love clean water" program, to educate children to protect water sources. The program has been deployed in Vietnam since 2015. In 2023, "Mizuiku - I love clean water" will expand nationwide through cooperation with the Ministry of Education and Training. Over the past 8 years, with educational activities to raise awareness, support for water filtration equipment, etc., the program has reached 141,000 elementary school students through more than 3,000 classes on saving and preserving clean water resources. Nearly 3,924 teachers and volunteers nationwide participated in teaching these classes.

In addition, the program "Millions of Trees - For a Green Vietnam" will begin implementation in 2021 within the framework of the cooperation agreement between Suntory PepsiCo Vietnam and the Ho Chi Minh Communist Youth Union Central Committee, contributing to the implementation of the Vietnamese Government's project of planting 1 billion trees.
After two years of implementation, the program has planted nearly 200,000 trees, greening 170 hectares of watershed forests in Quang Nam, Quang Ngai, Dak Nong, Dak Lak and Binh Thuan, Binh Dinh. Climate change and extreme weather, such as droughts, storms, and floods, often affect these provinces.