Nam Long wins fifth consecutive sustainability award on ESG commitment

Real estate developer Nam Long has been included in Vietnam's Top 50 Corporate Sustainability Awards (Top 50 CSA) for the fifth consecutive year, a recognition of its development strategy centered on environmental, social, and governance (ESG) principles and meeting real housing demand.

The awards, organized by Nhip Cau Dau Tu magazine and announced in mid-June, honor businesses with strong commitments to sustainable development. Companies are assessed against 14 criteria by a panel of experts from financial institutions, auditing firms, and other organizations based on their contributions to socio-economic development.

This year, Nam Long was recognized in two specific categories: E – Sustainable Resource Management and S – Leadership in Diversity, Equity and Inclusion.

Lucas Loh, Group CEO, said the recognition reflects the company's long-term commitment to integrating ESG principles directly into its business strategy, rather than treating them as a separate framework. "As the expectations of investors and homebuyers continue to evolve, sustainable development is no longer optional. It has become a market requirement and an integral part of real estate development," Loh said.

The group’s strategy focuses on developing integrated townships through comprehensive master planning to meet genuine housing needs. This approach, which it terms "real-value real estate," involves equipping developments with community facilities, essential services, and public spaces, supported by partnerships with infrastructure and property management firms.

Environmental Commitments

On the environmental front, Nam Long prioritizes resource efficiency by optimizing the use of energy, water, and materials throughout the project lifecycle to lower carbon emissions.

In April, this commitment was demonstrated when Solaria Rise, an apartment precinct within its Waterpoint integrated township, received EDGE green building certification from the IFC, a member of the World Bank Group, for all four of its residential towers. Project data showed the development achieved 22% energy savings, 27% water savings, and a 33% reduction in embodied energy in its construction materials.

"The certification reflects our commitment to sustainable development from the earliest stages of design, master planning, land bank development and landscape planning," a company representative said.

As of 2025, the group maintains 6.75 hectares of tree nurseries in Tay Ninh and Ho Chi Minh City, has planted 13,507 new trees, and manages approximately 22,000 mature trees. Green coverage across its operational townships has reached 36%. Water management is also a key feature, with projects preserving natural waterways and incorporating retention lakes.

The 26-hectare Mizuki Park township in Ho Chi Minh City exemplifies this, with a building density of just 29% and 10.3 hectares dedicated to green spaces and water features, including the preservation of the Lao and Ngang canals and a 1.7-hectare internal canal network.

Social Impact and Governance

Alongside its environmental focus, Nam Long emphasizes community development. Over its history, more than 31,000 families have moved into its properties. In 2025 alone, the company delivered 1,119 social housing (EHomeS) and affordable housing (EHome) units. It is continuing to expand its integrated township projects in satellite urban areas, such as Izumi City in Dong Nai, designed to accommodate living, working, learning, and retail needs.

The company reports that its objective is not merely to deliver housing but to foster social connections. In 2025, community programs including sports events and cultural activities attracted approximately 52,700 participants. Its "Swing for Dreams" scholarship program has also run for 16 consecutive years, providing 1,800 scholarships to university students.

To underpin its ESG commitments, the developer has bolstered its governance framework by implementing Deloitte's Enterprise Resource Planning (ERP) system, PwC's Enterprise Risk Management (ERM) framework, and human resources policies developed with Mercer.

Despite market volatility in 2025, the group reported contracted sales of VND11.855 trillion (US$453 million), consolidated revenue of VND5.645 trillion, and profit after tax attributable to shareholders of VND701 billion. Nam Long continues to broaden its partnerships with domestic and international organizations to enhance management capabilities and secure access to capital.

After more than three decades in operation, the company states its core focus remains on building integrated townships that meet real housing demand, with the latest CSA award affirming its long-term strategy.