AgriS remains steadfast in its commitment to leading agricultural trends, elevating Vietnam’s agricultural economy, and advancing a sustainable development strategy that balances the environment with the ecosystem. The Company’s development strategy is deeply intertwined with social responsibility, while leveraging business opportunities and international collaboration to secure a stronger foothold in the global agricultural value chain.
INVEST IN HUMAN CAPITAL
- 2,651 employees;
- 10,984 farmers received comprehensive support in costs, materials, and farming techniques, helping to increase productivity, reduce input costs, and ensure stable, sustainable income;
- VND 86 billion in non-refundable support provided to 5,714 farmers;
- Over 32,000 jobs created for local labor, including regular and casual employment.
- Maintained production of over 1 million tons of Sugar for domestic and international markets for the 6th consecutive year;
- 77,740 ha total raw material zone area across four countries: Vietnam, Laos, Cambodia, and Australia. The goal is to expand the total raw material zone area in existing countries to 90,000 ha by the FY 2029-2030;
- Collaborated with specialized units to exchange knowledge and enhance sugarcane cultivation techniques, while also developing agronomic consultancy services focused on nutrition and varieties selection across its raw material regions in Vietnam, Laos, Cambodia, and Australia, aiming to elevate the modern and sustainable agricultural economy.
- 100% non-GMO sugarcane in production;
- 88 different clean Sugar products;
- 6 Organic Sugar products in accordance with EU and USDA standards;
- 100% of employees received regular health care and participated in health insurance;
- Contributed VND 11.65 billion to Corporate Social Responsibility
- 771 training courses, sustaining growth from the previous fiscal year;
- 116.660 total training hours provided to employees at all levels.
- 12.218 training course attendances;
- 11,2 invested in the training budget;
- 60 workshops held with sugarcane farmers.
ENSURE CLIMATE ADAPTATION AND SUSTAINABLE ENVIRONMENT
- Installed water flow measurement systems at all factories to accurately monitor and control water consumption in production;
- Periodic monitoring of the quality of water receiving wastewater to assess the impact on aquatic ecosystems;
- Consulted with local communities on water qualit
- 250,000 liters of Miaqua sugarcane-flavored water obtained from the sugarcane evaporation process during Sugar refining;
- 639,806 m³ of wastewater discharged in FFY 2024-2025, an 11% reduction compared to the same period last year, reflecting effective process optimization and improved water efficiency;
- 218,432 m³ of water reused in FY 2024-2025;
- Wastewater treatment system meets National Standard 40:2011/BTNMT;
- Set a target to reuse 95% of wastewater by 2035, while ensuring equitable access to water resources among stakeholders and ecological balance in operational areas.
- 95% of the electricity used in production at AgriS is renewable;
- 723,823 tons of bagasse were reused, generating 123,413,471 kWh of total electricity output sold to the national grid, minimizing waste discharged into the environment;
- Total energy sold increased by 20% compared to the previous fiscal year, demonstrating effective energy management and a proactive approach to generating clean energy;
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Implemented a series of initiatives to reduce energy consumption and increase the use of renewable energy:
- 200,000 I-REC certificates issued annually for factories using biomass, contributing to the GHG emissions offsetting roadmap and the circular economy;
- 30 solar power stations with a total installed capacity of 20.85 MWp, powering the AgriS’s factories and offices
- 41,910 tons of steam were saved during the fiscal year (equivalent to a reduction of 0.03 tons of steam per ton of sugarcane crushed) by replacing high-pressure steam with an inclined spray-type condensation column, optimizing condensation efficiency.
- 100% of the infrastructure was reviewed and assessed to identify new investment opportunities;
- Implemented a Circular Commercial Value Chain business model with 3 Centers: Agtech-Fintech-Foodtech under ESG principles to optimize operations, with information technology as the core driver;
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Pursued comprehensive digital transformation:
- Continued to optimize the supply chain through systems like the Warehouse Management System (WMS), Transport Management System (TMS), and Supply Chain Control Tower (SCCT) establishing a foundation for seamless supply chain management and more effective decision-making;
- Digital Office (DigiO): integrated 90% of workflows within a unified system, enabling employees to process documents, manage data, and access records from anywhere, cutting processing time by more than 50% compared to traditional methods;
- Data Warehouse (DWH): developed using advanced technologies to collect, integrate, and cleanse data from various sources across the system;
- Digifactory software: Manages production effectively by enabling remote control, monitoring technical parameters, storing data for analysis, and integrating with ERP, CMMS, SCADA, IoT, and Camera systems.
- • Honored for the 4th consecutive year at the Vietnam Industry 4.0 Awards (I4.0 Awards), and the only agricultural enterprise in the “Top Enterprises with Smart Digital Products” and “Industry 4.0 Technology Solutions” for its Digiretails solution.
- SEDEX certified by SGS; SEDEX is a Social Auditing Standard used to assess a company’s ethical practices and social accountability within the supply chain;
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Effective occupational safety management in FY 2024-2025:
- The occupational health and safety management system complies with ISO 45001:2018
- 0 fatal accidents;
- 0 occupational diseases recorded;
- 100% of Safety and Hygiene teams include employee participation, ensuring their voices are heard and responded to.
- 100% of employees are trained in occupational safety;
- 100% of employees receive periodic health check-ups;
- 100% of factories have a highly qualified team of doctors and nurses on duty 24/7N DUTY 25
- Conducted annual risk assessments and proposed improvement measures;
- Created over 32,000 jobs for local workers, including regular and seasonal work.
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Raw Material Control:
- 100% of main material suppliers are screened before approval;
- 100% of critical suppliers are periodically assessed.
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International Standard Manufacturing Factories:
- ISO 9001:2015 (Quality Management System);
- FSSC 22000 ver 6.0 (Food Safety Management System);
- ISO/IEC 17025 (Standard for testing and calibration laboratories);
- Halal (Jakim, GCC, Indonesia Halal certification programs);
- Kosher (Quality management standard for Jewish dietary laws).
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Sustainable Product Quality:
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The first Vietnamese enterprise to receive Bonsucro certification - the leading global sustainability standard whose core purpose is to accelerate sustainable sugarcane production, processing, and trade across the world;
- 6 Organic product lines certified under EU and USDA (USA) standards;
- 100% of sugar products undergo standardized quality control to ensure food safety;
- Quality management system designed based on food safety risk analysis and stakeholder requirements.
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The first Vietnamese enterprise to receive Bonsucro certification - the leading global sustainability standard whose core purpose is to accelerate sustainable sugarcane production, processing, and trade across the world;
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Breakthrough Products and Customer-Centric ESG Practices:
- Vietnam High-Quality Goods Certification – for the 29th consecutive year;
- Vietnam’s National Brand for the 9th consecutive time with three main sugar brands: TSU, MIMOSA, and BIEN HOA;
- Plant-Based Innovation Award with 2 products: XIM Mom Cooks Coconut Milk and Bien Hoa Liquid Cane Sugar - Asia’s Excellent Taste Awards 2025;
- Received dual honors at the 17th annual Global CSR & ESG Summit & Awards 2025 in two categories: Empowerment Of Women Award (Platinum) and CSR & ESG Leadership Award (Platinum)
- Achieved ISO 14001:2015 - International standard for environmental management system (EMS) to minimize the negative impacts of production on the environment.
- In FY 2024-2025, AgriS has successfully issued over 25,000 I-RECs and maintained certification for 4 factories using biomass (bagasse) fuel: TTCS, AgriS Ninh Hoa, AgriS Gia Lai, and TTCA;
- Maintained stable output through large-scale crushing and refining capacity, flexibly refining additional raw sugar off-season to meet domestic
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Implemented comprehensive Sustainable Farming measures:
- Regenerative agriculture, intercropping, crop rotation, and planting nitrogen-fixing legumes to improve soil fertility and carbon seq
- Integrated Pest Management (IPM): Using natural predators like Trichogramma chilonis and Eocanthecona furcellata to completelly replace chemical pesticides on over 3,600 ha of the raw material zone
- Implemented the “10 Million Trees Project” to restore biological corridors, increase land cover, and create habitats for native species.
- Applied smart drip irrigation technology on 3,000 ha, combined with drones, GIS, and IoT for farm monitoring to optimize water use.
- Executed a “Zero Waste to Landfill” initiative, reusing 100% of agricultural by-products to reduce ecological pressure and save natural resources.
- 100% of the factories are located inland, at least 10 km away from the coastline;
- Used only one type of marine resource (sea salt) in the production process.
- 5 million natural predators are produced annually;
- Applied the method of releasing ABI wasps on a large scale to control sugarcane borers, resulting in a pest incidence rate of only 1-2%. This method is being expanded with a goal of 100% coverage of the raw material zone;
- Successfully bred and deployed two predatory bugs, the spined soldier bug (Eocanthecona furcellata) and big-eyed bug (Geocoris), on a large scale to effectively manage harmful insects;
- Applied sustainable farming techniques such as intercropping with mung beans and smooth crotalaria on a total area of over 2,500 ha in FY 2024-2025, which can bring additional profits ranging from VND 14 - 20 million per ha for farmers. These techniques provide an environmentally friendly and sustainable solution that fosters biodiversity and minimizes pest issues through biological balance.
PROSPERITY AND COOPERATION
- 100% of female employees are guaranteed their specified rights and benefits;
- 62% of employees eligible for maternity leave returned to work;
- 40% of BOD members are female, including the Chairlady of the BOD is female;
- 33% of the BOM members are female;
- 76% of new hires are female;
- 100% of employees are periodically assessed for their competency to determine their rewards;
- 0% of employees are children or underage.
- Consistently stable business growth, continuously exceeding annual targets: Net revenue for FY 2024-2025 reached VND 28,482 billion, surpassing the annual plan by 9%; Profit Before Tax (PBT) reached VND 950 billion, exceeding the plan by 6% and up 5% YoY; Profit After Tax (PAT) reached VND 834 billion, up 4% YoY;
- Over VND 133 billion of tax paid to the state budget;
- VND 186.7 billion in total employee welfare expenses.
- VND 86 billion in non-refundable capital investment support for capital-deficient sugarcane farmers
- Created over 32,000 jobs for local labor and partnered with 9,000 farming households, contributing to income growth and local economic development;
- VND 1,825 billion invested in materials and sugarcane farming techniques for farmers.
- 30.388 ha of raw material areas in Laos, Cambodia, and Australia;
- 76 countries and territories have AgriS products present;
- DEG - the German Government’s Investment Fund: Continue the collaboration in large-scale releases of red-eyed bees and advance other sustainable development projects;
- ED&F Man Sugar - Top 3 Sugar companies in the world: Continue the collaboration to export Organic Sugar to Europe;
- Farmacist - Agronomic consulting company from Queensland, Australia: Enhance sugarcane cultivation techniques through exchange and improvement, apply modern mechanization and precision farming, and develop agronomic consultancy services in nutrition and seed selection at AgriS’s raw material regions across Vietnam, Laos, Cambodia, and Australia;
- Legendary Venture Fund 1 - Singapore Investment Fund (Major shareholder since November 2022): steadily increase its ownership stake in FY 2023-2024. The fund has engaged in strategic collaboration to help TTC AgriS expand its operations and strengthen its competitiveness in the international market;
- Strengthened global partnerships through long-term projects with leading global economic organizations and institutions such as the International Finance Corporation (IFC), FCB Bank, SMBC Bank, The Singapore Economic Development Board (EDB), and more.
- Enhanced international cooperation by adopting and expanding global sustainability certifications like GlobalG.A.P., Bonsucro, USDA Organic, FSSC 22000, HALAL, KOSHER, ISO 14001:2015, ISO 45001:2018, SEDEX, SGP, and others.
PROMOTION OF JUSTICE, PEACE AND INCLUSIVE GOVERNANCE
- Created job opportunities for local people where AgriS operates in Vietnam and the region, with 65% of senior managers being local residents, promoting diversity, equality, and social inclusion
- 4 countries, namely Vietnam, Laos, Cambodia, and Australia, employ the same working procedures;
- Regularly updated and standardized salary and bonus policies for the sales team nationwide;
- Provided support for employees working in units outside of Vietnam, such as in Laos and Cambodia;
- Recorded no complaints regarding inequality or discrimination;
- No forced labor or child labor.
- 100% of employees are covered by the Collective Bargaining Agreement and represented by the grassroots trade union, reflecting the strong partnership between the Company and its employees.
- Conduct regular dialogues with grassroots trade union representatives every 3 months;
- Organized annual employee engagement conference;
- Assisted the Vietnamese government in achieving the 17 Sustainable Development Goals.
