TRUNGNAM GROUP'S ORIENTATION FOR SUSTAINABLE DEVELOPMENT OVER THE NEXT FIVE YEARS

Trungnam Group, a pioneer in Renewable Energy with wind and solar power projects across the country, is always excited about its initiatives and accompanies the localities and method of exploitation of natural resources and assisting the government in achieving the goals of economic development, social development, and environmental protection.

Despite the ongoing problems caused by the pandemic, which has affected the entire economy, Trungnam Group is committed to well-researched development goals. It plans to maintain its position and produce long-term value for the company. In the next five years, the company's business development strategy will enter a new chapter focusing on sustainable development. In which the emphasis is on the 3P platform: People - Planet - Profit. Trungnam Group's operating plan will be guided by the United Nations' Sustainable Development Goals with emphasis on the five aims listed below:

 
1. Affordable and Clean Energy
2. Climate Action
3. Industry, Innovation, and Infrastructure
4. Quality Education
5. No Poverty


 
3P platform: People - Planet - Profit

Trungnam Group fulfills the specified goals through specific activities to ensure that the "Sustainable Development" strategy balances growth, environmental advantages, and cooperation while encouraging corporate social responsibility. Trungnam Group has implemented over 364 social projects totaling more than 502 billion VND in education, health care, culture, and infrastructure construction for locals during its existence.
 More than 275 billion VND was invested in education with infrastructure construction programs such as building Dang Chi Thanh School in Ninh Thuan, Van Ly Secondary School in Ha Nam, Chau Hoa Secondary School in Ben Tre, Dam Quang Trung Secondary School in Da Nang. Trungnam Group's enthusiasm with its determination to improve education quality to create sustainable values, accompanying the government on its journey to enhance the quality of education.

During the two years of the Covid 19 outbreak (2020-2021), Trungnam Group sponsored about 58 billion VND in Covid-19 preventative activities, accompanied the government, and provided support to villages for them to survive difficult times.
Trungnam Group encourages support activities in other domains, such as social security, disaster recovery, cultural activities, and so on, to improve people's quality of life.
The strategic vision that shapes Trungnam Group to 2025 will be a sustainable, worldwide investment group by continuing efforts that provide actual value and speeding up the process of goal realization. In this regard, energy remains a forerunner, having completed significant projects such as the Ea Nam wind power plant in Dak Lak, which has a capacity of 400MW, and the Thuan Nam solar farm, which has a total of 450MW and is the largest in Vietnam. Nam, for example, with a projected income of more than 1.5 billion USD/year by 2025, retains its position as the No. 1 Renewable Energy Investor in the Vietnam and Southeast Asia markets.

Trungnam Group is expected to increase its capacity to 3.8GW of renewable energy and 1.5GW of LNG power by 2025, contributing to reducing carbon emissions equivalent to more than 13 million tons of carbon compared to coal power while maintaining annual growth of at least 20%.

/TNG.

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