A representative for Co Mem Natural Cosmetics Joint Stock Company announced the award recognizes the company's efforts in integrating sustainable development into all production and business operations.

Vu Bao Linh, Business Director of Co Mem, receives the award. Photo: Co Mem

For many years, Co Mem has focused on development by combining indigenous natural ingredients with modern scientific research. This approach aims to create products that are safe for consumers and environmentally friendly. The company established a closed value chain, encompassing research, production at its cGMP-standard factory, and a nationwide direct distribution system.

Co Mem's products adhere to three core criteria: safety, effectiveness, and sustainability. The company prioritizes minimizing environmental impact by optimizing recyclable packaging and improving production processes. "This approach is gaining traction in the cosmetics industry, as consumers increasingly prioritize product health and sustainability", a company representative stated.

Co Mem products were selected as gifts for delegates at the forum. Photo: Co Mem

Rather than separating business activities from social responsibility, Co Mem has chosen an integrated development approach. Sustainability is fundamental to its products and value chain. The company consistently uses indigenous natural ingredients, such as rice, coffee, acerola cherry, and ginseng, combined with modern scientific research and technology. This ensures safe, gentle, and eco-friendly products. Additionally, Co Mem collaborates to develop domestic raw material regions, which secures stable supply, boosts the value of agricultural products, and creates long-term livelihoods for local communities.

"We believe sustainable development is not an option but an inevitable path", said Vu Bao Linh, Business Director of Co Mem. "A business, even one starting with something as small as an indigenous ingredient, can become part of the global ecosystem if it remains steadfast in its long-term values."

Co Mem develops a closed production model, combining indigenous ingredients and scientific knowledge. Photo: Co Mem

The International Cultural, Scientific, and Economic Exchange Forum serves as a multilateral event to foster cooperation among nations in economic, scientific, and cultural domains. This year's event, held in New Delhi, India, gathered over 200 high-level leaders, business representatives, and development organizations from various regions.

The forum's theme centered on cooperation, development, and shared prosperity, highlighting the role of businesses in integrating environmental, social, and governance (ESG) factors into their operations. This integration is seen as an inevitable trend, with ESG standards becoming the common language in international trade and global supply chains. Beyond discussions, the forum facilitated business networking through trade activities, expanding cooperation opportunities and enhancing understanding among economies.

(Source: Co Mem)