Continuing its journey towards net zero emissions, Vinamilk announces a third carbon neutral plant

Ho Chi Minh City, Vietnam, July 7, 2024 /PRNewswire/ — Vinamilk, Vietnam leading dairy company, announces that its Beverage factory in Vietnam Vinamilk has achieved the international carbon neutrality certification (PAS 2060:2014) from the British Standards Institute (BSI). The company has achieved 3 carbon neutrality units in less than a year after the announcement of the Vinamilk Pathways to Dairy Net Zero 2050 action plan, demonstrating the company’s commitment and remarkable progress in sustainable practices.

Vinamilk takes another step towards Net Zero

Founded in 2010, Vinamilk beverage factory in Vietnam produces over 282 million units per year. The factory’s certification confirms the neutralization of 3,410 tons of CO2e emissions, achieved through emission reductions during production and investments in forestry funds to absorb greenhouse gases. Through the adoption of green energy and advanced technologies, the factory sources over 92% of its energy from clean and renewable sources, resulting in a 30% reduction in emissions.

This milestone underlines Vinamilk’s commitment to sustainability, as the company now has three certified facilities (including Nghe An Dairy Factory and Nghe An Dairy Farm). Together, these facilities have offset 21,000 tonnes of CO2 emissions (Scopes 1 and 2), equivalent to the impact of approximately 2 million trees.

“We are actively integrating environmentally friendly technologies, moving towards green energy and adopting circular economy principles to develop factory models that are not only modern and of international quality, but also increasingly sustainable. With the unwavering determination of our board of directors and the positive commitment of our employees, Vinamilk is committed to further reducing the carbon footprint of each product for consumers,” said Mr. Le Hoang MinhExecutive Director of Production and Net Zero Project Manager at Vinamilk.

From plan to impactful actions

Through Vinamilk Pathways to Dairy Net Zero 2050, the company is actively implementing projects to reduce its carbon footprint by following 8 key pillars: sustainable sourcing, green and renewable energy, low-emission packaging, low-carbon product development, environmentally friendly logistics, carbon sequestration, sustainable consumption and circular economy and stakeholder engagement.

“By conducting a comprehensive inventory and in-depth emissions assessment, companies can gain the insights needed to create a systematic roadmap for emissions reduction and neutralization. As a consulting firm tasked with verifying these practices at various Vinamilk plants, we believe their initiatives can serve as a model for companies striving to achieve sustainability and contribute to Vietnam “The net zero emissions goal,” Mr. The Duyen AnhGeneral Manager of BSI Vietnam.

In addition, Vinamilk is implementing large-scale carbon sequestration initiatives, including expanding funds for green trees on farms and factories, preserving over 1,000 hectares of forest Laosand promoting tree planting through the Vinamilk Net Zero Forest project. This includes a joint effort with the Ministry of Natural Resources and Environment to reforest 25 hectares of mangroves Ca Mau Province.

Recognized by the Asia Responsible Enterprise Awards (AREA) 2024 as a Green Leadership winner, Vinamilk Pathways to Dairy Net Zero 2050 demonstrates the company’s pioneering role in ESG and sustainability, creating impactful changes not only for business practices but also for Vietnam The dairy industry on the Net Zero journey.

About Vinamilk

Founded in 1976, Vinamilk is Vietnam A leading dairy company, it operates 15 farms and 17 factories, supplying up to 250 references in its product portfolio, exported to 60 countries and regions. It ranks sixth among the most valuable dairy brands in the world, valued at 3 billion dollarsand is among the top five sustainable dairy brands in the world.

To learn more about Vinamilk’s Net Zero 2050 plan, please visit: https://www.vinamilk.com.vn/phat-trien-ben-vung/bao-cao/2023/en.html

SOURCE Vinamilk