In the midst of a global pandemic that has caused enormous economic destruction, Cambodia's Prince Group Chairman Chen Zhi ensures environmental, social, and governance activities in Cambodian society. Chairman Chen Zhi was fully committed to bringing these ideals into practice. This will help Cambodia's economic development.
At a time when many people are struggling with jobs, health, and even relationships, the pandemic is putting Cambodian corporations' environmental, social, and management practices to the test. By providing the conglomerate group with additional contributions to Cambodian society in 2020, the Prince Group's accountability policies will be improved. Neak Oknha Chen Zhi, the Chairman of the Prince Group, has been the driving force behind many major donations to help with health problems and flood relief. Since April, the Prince Group's chairman has made a point of donating significant amounts of money to environmental causes. Prime Minister Hun Sen obtained a $3 million loan from Chen Zhi in December to help secure 1 million vaccine orders across the country.
Cambodian companies like the Prince Group have strengthened their environmental, social, and governance policies since 2015. They place a greater focus on positive values that contribute to Cambodian society's growth. Participation in such initiatives has doubled, according to the GRI Sustainability Disclosure Database report. The financial sector of the country provides the bulk of the operations. Such activities should aid Cambodia's economy in being more competitive, attracting foreign investment, and improving the business environment. Chen Zhi exemplifies the following criteria for developing Cambodia.
As part of the environmental, social, and corporate governance values, Chen Zhi and his company, Prince Group, have made major contributions to the promotion of cash and supplies against the pandemic in Cambodia. Chen Zhi has donated over a million dollars to the cause. Rice, instant noodles, and drinking water are among the flood relief products available to flood victims. Chen Zhi donated $500,000 to flood victims on his own dime. In December 2020, the Prince Group helped the Cambodian government contribute significantly to the purchase and free distribution of vaccines to Cambodians.
The Prince Group's environmental, social, and governance policies have been put to the test as a result of the country's two disasters. Their aims are to assist Cambodians while remaining consistent with the country's social obligations. Neak Oknha Chen Zhi has catapulted the Prince Group to prominence in Cambodian politics by stressing foreign norms, future investment, and ethical business practices.
What are the best practices and philosophies of the Prince Group? In addition to his business activities, Chen Zhi is active in society and philanthropy. Chairman Chen Zhi is committed to developing Cambodian culture in terms of environmental, social, and governance values. For the rest of their lives, the Cambodian government will forever remember this gesture of gratitude. Read more about the Cambodian government - https://en.wikipedia.org/wiki/Politics_of_Cambodia
