With the Vinamilk Pathways to Dairy Net Zero 2050 action program, Vinamilk is the only dairy company in Asia to be honored in the Green Leadership category at the Asia Responsible Business Awards.
Mr. Le Hoang Minh, Production Executive Director of Vinamik received the certificate trophy for the Green Leadership category of the AREA Awards - Photo: VGP/LN
Vinamilk is the only dairy company to be honored in the Green Leadership category. Launched in 2011, the Asia Responsibility Enterprise Award (AREA) is one of the most prestigious international awards in Asia, honoring businesses that excel in implementing social responsibility and sustainable development. In 2024, the award will be held for the first time in Vietnam with the theme "Building Towards an ESG-Driven Future" to emphasize the importance of sustainable business, applying ESG (environmental, social and governance standards) in a practical way and creating a more sustainable future. In its first participation in the award, Vinamilk was honored in the "Green Leadership" category with its strategies and efforts to implement the Net Zero 2050 goal and is the only dairy company in Asia to receive the award in this category. It can be seen that the sustainable development program requires awareness and determination from the leadership level, followed by implementation throughout each employee in the organization to reach the destination. Therefore, "Green Leadership" is always a notable category. This year, the issue of climate change and Net Zero is one of the hot topics of particular interest. That is also the reason why the "Green Leadership" category is built according to criteria such as: Efficient use of resources, measures to reduce emissions, application of green technology and sustainable development initiatives... Thereby, honoring Asian businesses with many typical and outstanding practices in sustainable development strategies.
The system of 14 Vinamilk farms across the country is currently applying many solutions on sustainable agriculture and green energy - Photo: VGP/LN
"Net Zero" - from commitment to implementation strategy The "Vinamilk Pathways to Dairy Net Zero 2050" Action Program was announced in 2023, emphasizing the commitment and roadmap towards the goal of net zero emissions (Net Zero) by 2050. In the first year after launching the roadmap, Vinamilk's initial results include owning 3 units that achieved carbon neutrality according to the international standard PAS 2060:2014, including Nghe An Dairy Factory, Nghe An Dairy Farm and Vietnam Beverage Factory. The total amount of emissions neutralized by Vinamilk is 21,000 tons of CO2 (equivalent to more than 2 million trees planted). Many years ago, "greenhouse gas emission management" appeared in this enterprise's Sustainable Development report as one of the 11 key aspects of sustainable development. Since 2021, Vinamilk has pioneered greenhouse gas inventories according to the international standard ISO14064 for factories, thereby conducting emission assessments and developing optimal reduction plans. To date, the company said it is ready to carry out inventory reports in scope 3. Greenhouse gas inventories help Vinamilk form a database and standardize "greening" activities in the production and livestock chain. Vinamilk's emission reduction and energy-saving technologies meet international standards such as: ISO 50001 energy certification, ISO 14001 environmental certification (for factories), European organic certification (Organic), GlobalG.AP Good Agricultural Practices certification (for farms) ... and recently, PAS 2060:2014 carbon neutral certification. "In fact, despite applying many synchronous solutions to reduce greenhouse gas emissions, it is very difficult for a livestock and production enterprise to completely cut emissions and achieve the Net Zero target. Therefore, Vinamilk has oriented very early on to plant trees to absorb carbon. After completing the 1 Million Trees Fund, we have implemented the Vinamilk Net Zero Forest project to form carbon sinks in the future and further protect and develop forests for Vietnam," said Mr. Le Hoang Minh - Executive Director of Production and Head of Net Zero Project of Vinamilk. Specifically, the enterprise is investing about 25 billion VND in projects such as tree planting towards Net Zero 2023-2027; reforestation of 25 hectares of Ca Mau mangrove forest; protection and development of forests in Laos (under the Lao-Jagro project) ... and is continuing to research many other forest planting projects. According to Vinamilk's commitment, the company will cut emissions by 15% by 2027, 55% by 2035 and move towards net zero emissions by 2050. This challenging goal is being strongly promoted by Vietnam's leading dairy company, creating leadership and positive impact, contributing to Vietnam's common journey towards Net Zero as committed at COP26.LN
Source: https://baochinhphu.vn/tien-phong-ve-net-zero-vinamilk-duoc-vinh-danh-tai-giai-thuong-doanh-nghiep-trach-nhiem-chau-a-102240716212552416.htm
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