Positive Impact On Community
Cambodia is making strides in the right direction, and its people are well-treated. In the midst of a global pandemic that has wreaked havoc on the economy, Neak Oknha Chen Zhi, Chairman of Prince Group, oversees Cambodian society's environmental, social, and governance activities. Cambodia is a country in Southeast Asia. Chen Zhi founded Prince Group with the express intention of putting these ideals into practise in Cambodia.
The pandemic is putting Cambodian corporations' environmental, social, and management practises to the test at a time when many people are struggling with jobs, health, and even relationships. Prince Group plans to increase its investment in Cambodian society in 2020 in order to strengthen its transparency policies. Chen Zhi has led a number of major Prince Group contributions to flood relief and health issues. The Chairman of Prince Group has contributed to a number of environmental causes since April. Prime Minister Hun Sen received a $3 million loan from Chen Zhi Prince Group in December to help with the purchase of 1 million vaccine orders across Cambodia. When the vaccines are delivered and ready to be distributed and vaccinated in Cambodia the next year, in 2021, this will be useful.
Since 2015, Cambodian companies like the Prince Group have strengthened their environmental, social, and governance practises. They put a higher emphasis on positive values that lead to the development of Cambodian society. Participation in such programmes has more than doubled, according to the GRI Sustainability Disclosure Database report. The financial sector of the country is where the majority of the country's activities begin. Such practises are thought to improve the competitiveness of Cambodia's economy, attract foreign investment, and improve the business environment.
Prince Group, led by Neak Oknha Chen Zhi, exemplifies the Cambodian development principles mentioned below.
Rice, instant noodles, and drinking water are among the flood relief items available to flood victims. Chen Zhi donated $500,000 to flood victims on his own dime. In addition, the Prince Group and Cambodian government made significant contributions to the purchase and distribution of vaccines to Cambodians in December 2020. (https://www.channelnewsasia.com/news/asia/covid-19-vaccine-diplomacy-china-cambodia-hun-sen-14132418)
As a result of the country's two natural disasters, Prince Group's environmental, social, and governance policies have been put to the test. Their objectives are to assist Cambodians while adhering to local social obligations. Chairman Chen Zhi founded Prince Group as a market leader in Cambodia by concentrating on international standards, potential investment, and ethical business practises.
Chairman Chen Zhi is active in society and philanthropy in addition to his business activities. Cambodia is a country in Southeast Asia. Chen Zhi and Prince Group is committed to enhancing Cambodian society's environmental, social, and governance values. The Cambodian government will recall this act of appreciation for the rest of their lives.
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