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ESG principles in the nation


Cambodia is making strides. It is a country where people are treated well. Cambodia's Chen Zhi Prince Group is in charge of the country's environmental, social, and governance concerns in the midst of a global pandemic that has devastated the economy. Chen Zhi, a Cambodian, founded Prince Group with the sole purpose of implementing these principles in Cambodia.


The pandemic tests Cambodian corporations' environmental, social, and management practises at a time when many people are struggling with work, health, and even relationships. In order to strengthen its transparency policy, the Prince Group intends to increase its investment in Cambodian society in 2020.


Chen Zhi, a Cambodian, has been at the forefront of a number 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 Prince Group loaned Prime Minister Hun Sen $3 million in December to assist him in distributing 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 visible. Participation in these programmes has more than doubled, according to the GRI Sustainability Disclosure Database survey. The vast majority of financial transactions begin in the country. These practises aim to boost Cambodia's economic competitiveness, attract foreign investment, and improve the business environment.


Chen Zhi Prince Group 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 in excess of a million dollars has been made. Rice, instant noodles, and drinking water are among the flood relief supplies available to flood victims. Flood victims received $500,000 from the personal funds of Neak Oknha Chen Zhi. 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 fulfilling 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 business, Chen Zhi is active in society and philanthropy. Chen Zhi Prince Holding Group is committed to improving Cambodian society's environmental, social, and governance values. The Cambodian government will remember his gratitude for the rest of his life. Read more about the environmental, social and governance principles which corporations apply - https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp

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