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Apply for ESG Registered certification for your company (Vietnam, Singapore, Hong Kong, Offshore, etc.)

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Sustainable business is a global trend to achieve Netzero goals. Production and commercial business activities need to comply with environmental, social and governance requirements.

Countries such as the EU, the US, etc. have issued regulations related to the export of goods requiring compliance with regulations on environmental protection, greenhouse gas emissions, etc. Consumers increasingly tend to choose goods from sustainable business brands.

The ESG Registered certification is proof that businesses are committed to building sustainable businesses and complying with environmental protection criteria. In this article, GLA will answer:

  • What is ESG? Why should I get ESG Registered?
  • ESG Resgistered D&B Registration Process for Singapore, Vietnam, Hong Kong, etc. Companies

1. What is ESG? Why do we need to register for ESG Registered certification?

ESG is a framework for assessing a company's impact on the environment, society and governance issues. ESG will include 3 criteria for assessing the sustainability of a company:

  • Environment: deals with issues of climate, environmental pollution (carbon emissions, methane, etc.), resource management, environmental waste, energy efficiency and biodiversity conservation. 
  • Social: focuses on human resource issues, including: working conditions, employee benefits, community relations, and supply chain responsibility. 
  • Governance: related to corporate governance structure, the role of the board of directors, management, such as transparency policies in financial reporting, risk management and anti-corruption. 

2. What is ESG Registered? Why do we need to register for ESG Registered certification?

ESG is an abbreviation for a set of criteria for evaluating businesses based on factors such as: Environment, Society and Governance. Therefore, to measure the sustainability of businesses based on ESG, there must be standards for evaluating, measuring and evaluating these indicators. 

ESG Registered is a certification that demonstrates the level of commitment of the enterprise to comply with the Environmental, Social and Governance criteria provided by D&B International. The enterprise will receive the D&B International badge, have its ESG enterprise profile published on the D&B International ESG directory, proving the authenticity of the enterprise when implementing ESG. The badge is granted after D&B International evaluates the Enterprise based on ESG criteria with D&B International's huge database. 

Enterprises in Singapore, Vietnam, Hong Kong, etc. that register for ESG Registered certification will enjoy the following benefits:

  • Receive ESG badge issued by D&B international: The ESG badge issued by D&B International is not just a seal, it is also a business's transparency and openness in complying with ESG criteria and protecting the environment. Thereby enhancing the business's position with partners, customers, competitors, etc.
  • Public ESG corporate profile published on D&B ESG: After ESG Registered, the ESG business profile will be publicly posted on the D&B database. Partners and suppliers who want to verify the business's information on ESG criteria for investment and cooperation will easily access and increase the business's reputation and professionalism. 
  • Increase export capacity to demanding markets: EU and US countries now have policies on environmental protection products, greenhouse gas emissions, ESG labeled products, etc. that will be adopted in these countries. Enterprises with ESG Registered certification will be the premise for easier application for import certification of goods into EU countries, US, etc. 
  • Well-reviewed by customers: Consumers are increasingly interested in and using products from environmentally friendly businesses. Therefore, businesses with ESG certification will help attract customers, increase customer loyalty and return purchase rates. 
  • Increase your chances of getting investments: Before deciding to invest, foreign investment organizations will evaluate whether a business is sustainable or not. Criteria for evaluating sustainable businesses and meeting environmental protection criteria are important factors in deciding to invest. 
  • Increase competitive advantage over competitors: Among competitors in the same segment, your company owning an ESG certificate will be an advantage to enhance its competitive position in the eyes of customers, partners, and investors. Thereby enhancing the company's competitive position in the service market. 
  • Attracting and retaining talented people: Enterprises with ESG Registered certification will have public and transparent policies, aiming to ensure the rights of employees and their health. This will help attract and retain talented employees to cooperate and work with the enterprise for a long time. 

3. Which companies need to register for ESG Registered certification?

ESG Registered certification is a factor that demonstrates the level of commitment of the enterprise to the criteria of Environment, Society and Governance. Therefore, regardless of the business sector, registering for ESG Registered certification also brings about the commitment of the enterprise to social responsibility, towards sustainable business. Especially for the following business sectors, registering for ESG Registered certification will bring changes and social and business benefits to the company:

  • Exporting agricultural, forestry and fishery products to EU countries, the US, etc.: Companies trading agricultural, forestry and aquatic products in EU countries, the US, etc. are facing environmental protection criteria. Therefore, owning an ESG Registered certificate helps businesses easily export goods and apply for accompanying certificates. Thereby helping to increase the company's export revenue and profits, without disrupting the production and export process. 
  • Wind power, gas power, solar energy business company: This is a leading ESG trend business, because of its ability to protect the environment and provide a huge source of clean energy. Therefore, owning an ESG Registered certificate will help companies doing business in wind power, gas power, solar power, etc. increase their chances of receiving foreign investment capital, which can be up to millions of USD for these projects. 
  • LNG trading company: LNG is a fuel gas recognized as a clean and environmentally friendly fuel, widely used in the world. Therefore, foreign investors are always looking for opportunities in LNG gas companies and projects. Therefore, LNG gas companies with ESG Registered certification are an important factor in receiving investment from foreign funding sources, large companies and corporations. 

4. ESG Registered D&B registration process for Singapore, Vietnam, Hong Kong, etc. companies 

ESG Registered companies will choose the D&B Registered registration package that best suits their business needs. GLA experts will analyze the pros and cons of the registration packages and advise on the service package that is right for the business. 

Enterprises fill out the ESG Registered registration form provided by D&B. The registration form includes information about the enterprise to conduct analysis and survey with ESG criteria to conduct authentication and provide the ESG Registered seal to the enterprise. 

GLA will support Enterprises in filling out the registration form accurately, completely, and in accordance with D&B international regulations to ensure a quick and successful registration process.

Based on D&B International's huge database of ESG criteria combined with information provided by the Enterprise, D&B International will conduct analysis to serve as a basis for providing ESG Registered certification.

After successfully performing the analysis, D&B International created a set of ESG Registered certificates including:

  • Upload your profile to the ESG Registered D&B site.
  • Provide seal (ESG Registered D&B logo) and use in signature, corporate website.
  • Get an overview report assessing the company's ESG ranking in the market. 
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Once the ESG Registered D&B certificate set is completed, GLA will hand over the ESG Registered certificate set to the Enterprise. 

5. How does GLA support ESG Registered Companies?

GLA supports Singapore, Vietnam, Hong Kong, etc. Companies to register ESG Registered including:

  • Consulting on ESG Registered packages suitable for businesses.
  • Assist in filling out application forms and submitting them to D&B.
  • On behalf of the Enterprise, monitor registration documents and explain documents to ESG D&B when there are issues that need clarification.
  • Support English/Vietnamese communication with international D&B if the Business has no experience in English communication. 

6. Frequently asked questions when registering ESG Registered D&B

1. What are the criteria for ESG Registered D&B certification?

The criteria for evaluating Enterprises for ESG Registered D&B certification include:

  • SASB (Sustainability Accounting Standards Board): a set of accounting standards developed by the Accounting Council based on 5 aspects: environment, social capital, human capital, business model and innovation and leadership and governance.
  • UN SDGs (The United Nations Sustainable Development Goal): The United Nations Sustainable Development Goals include 17 development goals, guiding the implementation of ESGs addressing issues of clean water, clean energy, climate protection, gender equality and building sustainable infrastructure. 
  • GRI (Global Reporting Initiative): Global reporting initiative focuses on issues of: economy, environment, society
  • TCFD (Task Force on Climate-related Financial Disclosures): Guidance on financial reporting related to climate change
  • UN PRI (The United Nations Principles for Responsible Investment): The United Nations Principles for Responsible Investment
  • CDP (Carbon Disclosure Project): The Carbon Disclosure Project helps investors rely on a framework to report on climate impacts. 
Icon gla element Highlights
  • ESG Registered D&B is a certification that demonstrates a business's responsible relationship with the Netzero goal, publicly disclosing ESG-compliant activities.  
  • ESG Registered D&B will help businesses improve their export capabilities, receive investment capital for green projects, and increase access to consumers.
  • GLA supports Enterprises to register ESG Registered D&B internationally for foreign companies in Singapore, Hong Kong, USA, Offshore (BVI, Belize, Seychelles, etc.)

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