26 Aug

In the midst of a global pandemic that has caused tremendous economic devastation, Chen Zhi Prince Group ensures environmental, social, and governance practices in Cambodian society. Chen Zhi was entirely dedicated to putting these ideals into action in Cambodia.

At a time when many people are struggling with work, health, and even relationships, the pandemic is putting Cambodian corporations' environmental, social, and management practices to the test. In 2020, the Prince Group will improve its accountability policies by making additional contributions to Cambodian society. Chen Zhi has been the driving force behind several major Prince Group donations to aid in the fight against health issues and flood relief. Since April, the Chairman of the Prince Group has made a point of making large-scale contributions to environmental causes. Even as recently as December, Chen Zhi loaned Prime Minister Hun Sen US$ 3 million to assist in the procurement of 1 million nationwide vaccine orders. This would come in handy by the following year in 2021 when the vaccines reach the soil of Cambodia ready for distribution and vaccination program.

Cambodian businesses, such as the Prince Group, have improved their environmental, social, and governance practices since 2015. They place a greater emphasis on these positive values, which help Cambodian society develop. According to the GRI Sustainability Disclosure Database survey, participation in such activities has more than doubled. The majority of the activities in the country originate in the country's financial sector. Such practices are thought to assist Cambodia's economy in becoming more sustainable, as well as attracting foreign investment and improving the business climate. 

Under the leadership of Neak Oknha Chen Zhi, the Prince Group exemplifies the following principles for improving Cambodia.
Chen Zhi and Prince Group have made significant contributions to the promotion of cash and supplies against the pandemic in Cambodia as part of their environmental, social, and management activities. In total, more than a million dollars were donated. Among the flood relief products available to flood victims are rice, instant noodles, and drinking water. Chen Zhi made a personal donation of $500,000 to flood victims. Furthermore, the Prince Group and the Cambodian government contributed significantly to the purchase and free distribution of vaccines to Cambodians in December 2020.

The country's two natural disasters have served as a litmus test for Prince Group's environmental, social, and governance practices. Their goals are to help Cambodians while also remaining committed to local societal obligations. Chen Zhi has established the Prince Group as a leader in Cambodia by emphasizing international standards, future investment, and good business practices. 

In addition to his business activities, Chen Zhi is involved in society and philanthropy. Indeed, Chen Zhi is dedicated to improving the Cambodian community in terms of environmental, social, and governance values. It would be a gesture of gratitude that the Cambodian government will remember for the rest of their lives.

Read more about what environmental, social and corporate governance entails - https://en.wikipedia.org/wiki/Environmental,_social_and_corporate_governance

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