About ESG

According to The International Finance Corporation (IFC), ESG is defined as a triple-pillar framework for businesses to manage their operations and for investors to consider when making investment decisions. These factors relate to various risks, impacts, and opportunities, including:

• E - Environmental: potential or actual interactions with the natural environment.
• S- Social: potential or actual changes on workers and communities.
• G- Governance: the management systems and processes by which companies are directed and controlled.

ESG Due Diligence Services

Our due diligence services are designed to identify the environmental and social risks and impacts associated with the targeted project, assess any gaps against the applicable E&S reference framework (IFC Performance Standards; IFC Corporate Governance Methodology, WB General Guidelines; Local Regulatory Requirements), and highlight any “red flags” to inform the investment decision-making process.

Our approach to ESG risk assessment includes four key stages: project inception, document review, site visit, and delivery of the report and action plan.

Our Methodology

At Eurofins Environment Testing in Vietnam, we follow a Plan > Do > Check > Act cycle to drive continuous improvement and ensure quality of our deliverables, covering:

• Task scope, deliverables, exclusions, and any special considerations
• Delivery schedule with key milestones
• Resource allocation per task
• Project team structure and responsibilities
• Communication and document management protocols
• Health, safety, and security measures
• Quality assurance and peer review process
• Risk management framework
• Lessons-learned capture

Our principal embeds quality checks at every stage to ensure top-quality deliverables and proactively resolve issues. Every draft undergoes peer review by our senior staff and subject-matter experts before delivery.