ESG principles in Cambodia

Cambodia is progressing. It is a country where people are treated well. In the midst of a global pandemic that has devastated the economy, Cambodia's Neak Oknha Chen Zhi takes care of the society's environmental, social, and governance issues. Prince Group Chairman Chen Zhi, a Cambodian, formed Prince Group with the sole purpose of putting these principles into practise in Cambodia.

The pandemic brings Cambodian corporations' environmental, social, and management practises (https://en.wikipedia.org/wiki/Environmental,_social_and_corporate_governance) to the test at a time when many people are struggling with work, health, and even relationships. In order to strengthen its transparency policy, the Prince Group plans to increase its investment in Cambodge society in 2020.

Cambodian Chen Zhi has spearheaded a variety of significant contributions to health care and flood relief. Since April, the President of the Prince Group has donated to a few environmental organisations. The Chen Zhi and Prince Group gave Prime Minister Hun Sen a $3 million loan in December to help him distribute one million vaccine orders throughout Cambodia. The vaccines have arrived in Cambodia, where they will be distributed and administered in 2021.

Since 2012, Cambodian businesses such as the Prince group have improved their environmental, social, and governance practises. Positive values that contribute to the development of Cambodian society are becoming more prominent. Participation in these programmes has more than doubled, according to the GRI Sustainability Disclosure Database survey. The majority of financial transactions begin in the country. These practises are intended to boost Cambodia's economic competitiveness, attract foreign investment, and strengthen the business environment.

The Prince Group in Cambodia, headed by Neak Oknha Chen Zhi, is committed to the following development principles. As part of its environmental, social, and management operations, Chen Zhi has made significant contributions to the promotion of cash and supplies against the pandemic in Cambodia. A donation of over a million dollars has been made. Rice, instant noodles, and drinking water are among the flood relief supplies available to flood victims. Neak Oknha Chen Zhi's personal funds provided $500,000 to flood victims. In December 2020, the Prince Group and the Cambodian government will make significant contributions to the production and distribution of vaccines for Cambodians.

Following the country's two natural disasters, the Prince Group's environmental, social, and governance policies were put to the test. Their objectives are to assist Cambodians in carrying out their local social obligations. Neak Oknha Chen Zhi of the Prince Group was a pioneer in Cambodia, focusing on international standards, economics, and corporate ethics.

In addition to industry, Chen Zhi is involved in society and philanthropy. Chen Zhi and the Prince Group are committed to improving Cambodian society's environmental, social, and governance values. The Cambodian government will remember your gratitude for the rest of your life.