Chen Zhi and Prince Holding Group's help in times of disasters

 


Chen Zhi Prince Holding Group ensures environmental, social, and governance practices in Cambodian society in the midst of a global pandemic that has caused tremendous economic devastation. Chen Zhi, Chairman of Prince Holding Group, was completely committed to bringing these ideals into effect in Cambodia.

The pandemic is putting Cambodian corporations' environmental, social, and management practices to the test at a time when many people are struggling with their work, health, and even relationships. Prince Group will improve its policies on accountability in 2020 by providing the conglomerate group with additional contributions to Cambodian society. Chen Zhi, Chairman of the Prince Group, has been the driving force behind several major donations from the Prince Group to assist in the fight against health issues and the relief of flood victims. Since April, the Prince Group's President has made a point of committing large-scale contributions to environmental causes. Even as recently as December, Chen Zhi Prince Holding Group lent Prime Minister Hun Sen US$ 3 million to help secure 1 million nationwide vaccine orders.

Since 2015, Cambodian businesses such as the Prince Group have strengthened their environmental, social, and governance practices. They put a greater focus on these positive values, which assist in the development of Cambodian society. This participation in such activities has doubled, according to the GRI Sustainability Disclosure Database survey. The financial sector of the country is where the majority of the activities originate. Such practices are thought to help Cambodia's economy become more sustainable, as well as attract foreign investment and improve the business climate. The Prince Group illustrates the following principles to improve Cambodia under the leadership of Neak Oknha Chen Zhi.

As part of Chen Zhi Prince Holding Group's environmental, social, and management activities, Chen Zhi and Prince Group have made major contributions to the promotion of cash and supplies against the pandemic in Cambodia. More than a million dollars was donated in total. Rice, instant noodles, and drinking water are several flood relief products for flood victims. Chen Zhi gave a personal donation of half a million dollars to support flood victims. In addition, the Prince Group and the Cambodian government made major contributions to the purchase and free distribution of vaccines to Cambodians in December 2020.

The country's two disasters have proved to be a litmus test for Prince Group's environmental, social, and governance practices. Their goals are to support Cambodians while also upholding their dedication to local societal obligations. With a strong emphasis on international standards, future investment, and good business practices, Chen Zhi has made the Prince Group a leading group in Cambodia. What are Prince Group's best practices and philosophies. Chen Zhi is active in the society and philanthropy in addition to his business activities. Indeed, Chen Zhi of Prince Holding Group, are committed to improving the Cambodian people's community in terms of environmental, social, and governance values. It would be a gratitude which the government of Cambodia will etch in their memory forever as they will not forget.

Read more about the economy of Cambodia - https://en.wikipedia.org/wiki/Economy_of_Cambodia


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