Vinamilk announces Net Zero roadmap

Vinamilk is also the first dairy company in Vietnam to have a factory and farm that achieves carbon neutrality according to PAS 2060:2014 standards.

Vietnam Dairy Products Joint Stock Company (Vinamilk) has just announced its roadmap to Net Zero 2050 with the action program "Vinamilk Pathway to Dairy Net Zero 2050.

Accordingly, the company will cut 15% of greenhouse gas emissions by 2027, cut and neutralize 55% of emissions by 2035 and move towards the goal of Net Zero emissions by 2050.

At the event held in Cua Lo town on the morning of May 26, Vinamilk's Nghe An Dairy Factory and Nghe An Dairy Farm were the first two units of the company to be awarded the Carbon Neutrality Certificate according to PAS 2060 standards by international independent assessment organizations.

Delegates and Vinamilk leaders performed the roadmap announcement ceremony at the event. Photo: Vinamilk

As a leading dairy enterprise in Vietnam, with a system of high-tech factories and farms and millions of products supplied every day, Vinamilk has built an action program focusing on 4 key areas: Sustainable Agriculture , Green Production, Environmentally Friendly Logistics, Sustainable Consumption.

After completing the greenhouse gas inventory at the units in 2022, Vinamilk Nghe An Dairy Factory and Vinamilk Nghe An Dairy Farm became the first units to achieve carbon neutrality according to the PAS2060:2014 standard. Vinamilk was also confirmed as the first dairy company in Vietnam to have both the factory and the farm achieving carbon neutrality according to this standard.

Vinamilk's roadmap to Net Zero 2050. Graphics: Vinamilk

Accordingly, the total greenhouse gas emissions of these two units have been neutralized by 17,560 tons of CO2 (equivalent to about 1.7 million trees) thanks to the company's efforts to reduce emissions in production, livestock farming and maintain a tree fund to absorb greenhouse gases over the past years.

Mr. Matthew Albon Crouch - Agricultural Attaché (Vietnam, Indonesia and Singapore), Department for Environment, Food and Rural Affairs, UK, presented the certificate to Mr. Ngo Cong Thang, Director of Vinamilk factory in Nghe An. Photo: Nguyen Hai

Ms. Nguyen Dinh Minh Tam, representative of BSI (British Standards Institution) - the certification body, assessed that Vinamilk is among the few units making efforts for sustainable development by conducting accurate and thorough greenhouse gas inventories early on, thereby building emission reduction roadmaps.

A representative of Bureau Veritas (UK), the unit that certifies Vinamilk's farm in Nghe An, said that reducing emissions, greenhouse gases and moving towards Net Zero in the dairy industry is very challenging, especially for large-scale dairy farms. This goal requires investment in technological solutions, green energy conversion, and application of the circular economy...

"The results achieved by Vinamilk are a great encouragement for the Net Zero process of the dairy industry in general," said Mr. Nguyen Viet Dung, General Director of Bureau Veritas.

According to Vinamilk representative, in addition to demonstrating the company's commitment to the community, the company hopes to contribute to strongly conveying positive messages to the business community, joining hands with the Government on the Net Zero journey for a green, sustainable future.

Visitors visit the Koi fish pond using treated water in the premises of Vinamilk Nghe An factory. Photo: Nguyen Hai

Vinamilk is currently making many contributions to the sustainable development of the dairy industry, while strongly promoting the process towards Net Zero 2050. Since 2012, the company has published a sustainable development report according to international standards, to accurately record and evaluate its advanced practices. In the 2022-2026 strategic period, sustainable development has become one of Vinamilk's four strategic spearheads. The company has also invested heavily in building a dairy farm model such as Green Farm oriented towards sustainable agriculture. All factories have been strongly transformed, applying high technology, applying circular economy very early to reduce emissions.

Vinamilk is also the first Vietnamese dairy enterprise to participate in the global initiative of the dairy industry on Net Zero - Pathways to Dairy Net Zero, founded by the International Dairy Federation (IDF), the Dairy Sustainability Framework (DSF), the Global Dairy Platform...

Nguyen Hai

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