Petrolimex is honored to receive the Carbon Neutral Certification according to PAS 2060:2014

On the morning of November 14, at the Headquarters of the Vietnam National Petroleum Group (Petrolimex/Group), the Carbon Neutral Certification Ceremony according to the international standard PAS 2060:2014 issued by the British Standards Institute - BSI took place, witnessed by a representative of the Embassy of the United Kingdom in Vietnam. The event marked an important step forward in Petrolimex's sustainable development strategy and commitment to reduce greenhouse gas emissions. Petrolimex is the first state-owned corporation in Vietnam to receive the Carbon Neutral Certification according to PAS 2060:2014.

Mr. Nguyen Ngoc Tu - Deputy General Director representing Vietnam National Petroleum Group received the Carbon Neutrality Certificate from representatives of the British Embassy and BSI Organization.

Attending the ceremony, on Petrolimex's side were Mr. Pham Van Thanh - Chairman of the Board of Directors, Mr. Tran Tuan Linh - Member of the Board of Directors, Mr. Nguyen Ngoc Tu - Deputy General Director and representatives and leaders of the Board of Directors' General Department, Board of Directors' Investment Strategy, Research and Development and Marketing of the Group.

On behalf of the British Standards Institution (BSI) in Vietnam, there was Ms. Nguyen Thi Minh Tam - Chief Representative of Hanoi Office. The representative of the UK Embassy in Vietnam was Mr. Fergus McBean - First Secretary for Climate and Environment also attended and accompanied the ceremony.

Becoming the first state-owned corporation to receive the Carbon Neutral Certification according to PAS 2060:2014 is a pioneering milestone demonstrating Petrolimex's strong commitment to the journey of sustainable development and green transition. Over the years, the Corporation has proactively implemented a series of specific solutions to reduce emissions and improve energy efficiency such as: Providing clean fuel products that meet the highest standards in Vietnam; developing new energy infrastructure including electric vehicle charging stations, battery swapping stations, installing solar power at retail stores and petrol depots; participating in the project to create carbon credits from the distribution of water filters to remote and isolated areas; and, in particular, implementing greenhouse gas inventories and action plans to reduce emissions across the entire system according to international standards.

Speaking at the ceremony, Mr. Pham Van Thanh - Chairman of Petrolimex Board of Directors emphasized that the Group's receipt of the Carbon Neutrality Certificate is an important milestone affirming its efforts, commitment and responsibility in reducing greenhouse gas emissions, towards the goal of sustainable development, carbon neutrality and Net Zero that the Vietnamese Government committed to at COP26.

Mr. Pham Van Thanh also expressed his belief that, with the support of international partners, along with the spirit of innovation, creativity and determination of all employees, Petrolimex will continue to affirm the pioneering role of Vietnamese enterprises in the field of sustainable energy.

Mr. Pham Van Thanh - Chairman of Petrolimex Board of Directors spoke at the ceremony

Sharing the same view with Petrolimex leaders, Ms. Nguyen Thi Minh Tam - Chief Representative of Hanoi Office, BSI Vietnam affirmed that this is not only a certificate, but also a symbol of long-term commitment and a strong message that Petrolimex sends to the Vietnamese business community in the process of energy transition and carbon neutrality. Thereby, it is an opportunity for Petrolimex to improve its competitiveness, promote international integration and develop in a more comprehensive and sustainable way.

Ms. Nguyen Thi Minh Tam - Chief Representative of Hanoi Office, BSI Vietnam spoke at the ceremony

Following the sharing from BSI representative, Mr. Fergus McBean - First Secretary for Climate and Environment, British Embassy in Vietnam highly appreciated Petrolimex's efforts in pioneering the Carbon Neutral Certification according to PAS 2060:2014 standard. He emphasized that the cooperation between Petrolimex and BSI is a typical demonstration of the role of international standards and technical expertise in supporting Vietnamese enterprises to meet global climate goals. This is also part of the strategic partnership between the UK and Vietnam, especially within the framework of international initiatives such as the Just Energy Transition Partnership (JETP).

Mr. Fergus McBean - First Secretary for Climate and Environment, British Embassy in Vietnam highly appreciated Petrolimex's efforts.

Previously, in April, Petrolimex was also awarded a Certificate of Greenhouse Gas Inventory Report by BSI according to ISO 14064-1:2018 standard and was the first large-scale State-owned corporation in Vietnam to achieve this standard. Completing the Group-wide greenhouse gas inventory is an important step, helping Petrolimex accurately assess emissions, as a basis for developing effective emission reduction strategies and implementing sustainable development commitments in a transparent manner.

From achieving international standards on greenhouse gas inventory to carbon neutral certification according to PAS 2060:2014, Petrolimex affirms the pioneering role of a State-owned enterprise in transparency of greenhouse gas emissions, realizing the commitment to carbon neutrality, and actively contributing to the national and global sustainable development goals.

Mr. Pham Van Thanh - Chairman of the Board of Directors of the Group presented a souvenir to Mr. Fergus McBean - First Secretary in charge of Climate and Environment, British Embassy in Vietnam

The ceremony was a great success.

BSI stands for “British Standards Institution”. This is an independent national standards organization founded in 1901, based in the UK, specializing in providing standards certification services to organizations and businesses around the world. PAS 2060 is an international technical standard on carbon neutrality, developed and published by BSI. This document is developed based on environmental standards such as ISO 14001 and PAS 2050, providing specific requirements for measuring, reducing and offsetting greenhouse gas (GHG) emissions for organizations, products and events.

Source: https://www.petrolimex.com.vn/nd/tin-chuyen-nganh/petrolimex-vinh-du-nhan-giay-xac-nhan-trung-hoa-carbon-theo-pas-20602014.html