Tetra Pak is part of a very small number of companies (1%) that achieved a double ‘A’ score, out of 5,800+ companies that were scored based on data submitted through CDP’s questionnaires in 2020. Through significant demonstrable action on climate and deforestation risks, the company is leading on corporate environmental ambition, action and transparency worldwide. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, over 515 investors with over US$106 trillion in assets and 150+ major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. Over 9,600 responded – the highest number ever. The company also set an ambition for net zero emissions across the value chain by 2050, supported by a 2030 target of net zero emissions in its operations A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP’s scoring for forests is conducted through the lens of the four commodities that cause most deforestation: timber products, cattle products, soy and palm oil. Companies need to score an ‘A’ on at least one of these forest-risk commodities to earn a place on the Forests A List. Markus Pfanner, Vice President Sustainability, Tetra Pak, commented: “Transparent disclosure is at the core of how we measure and improve our sustainability performance. This recognition – a first in the carton packaging sector – is a result of our continuous efforts to reduce GHG emissions and meet ambitious climate targets, to take action in protecting and enhancing biodiversity and to strengthen …
Ghg emissions
WB provides US$84.4 million for Vietnam to promote climate-resilient landscapes
The Hanoitimes - This will support the Vietnamese government’s climate mitigation actions by strengthening the resilient management of landscapes and natural resources. The World Bank on June 5 approved an US$84.4 million IDA credit to support multi-sectoral policy reforms by the Vietnamese government to promote climate-resilient landscapes and green transport and energy systems. World Bank provides US$84.4 million for Vietnam to promote climate-resilient landscapes. The Climate Change and Green Growth Development Policy Financing aims to consolidate and expand on the achievements of the government’s Support Program to Respond to Climate Change 2016-2020, or SP-RCC. This includes supporting policies that should lead to increased protection of water sources, application of water-saving practices over larger areas of farmland, additional reductions in vehicle emissions, and further scale up of renewable energy. The program will support the government’s climate mitigation actions by strengthening the resilient management of landscapes and natural resources and effective management of related public investments. These efforts include climate smart landscape planning (particularly for forests and the Mekong Delta), climate budgeting, and improving water resources protection and use efficiency. The program will also facilitate efforts to promote cleaner transport and energy systems to reduce green-house gas (GHG) emissions and address air pollution. These policy reforms include the establishment of more stringent vehicle emissions standards, adoption of a new national energy efficiency program and enhanced incentive mechanisms to increase the nation’s wind generation capacity. “The new development financing will focus on areas which present the greatest opportunities for transformational interventions to address climate change challenges,” said Ousmane Dione, World Bank Country Director for Vietnam. “It reflects our strong commitment to …
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VN billionaires make money by recovering heat, collecting emissions from production plants
There are many ways to make money in the 4.0 industrial era with the support of high technologies. The 4.0 industrial revolution means the digitization of traditional manufacturing and production methods At the Hoa Phat Hai Duong Steel Complex, the technological solution of recalling heat from the coking process and blast furnaces producing gas can help save VND800 billion a year. The complex plans to set up more items in 2021 to make the best use of the heat and gas produced during the steel refining process, raising the total electricity generation capacity to 110 MW, which allows 100 percent electricity support for production. The yearly savings on fuel thanks to the heat and emission recovery solution at Hoa Phat’s steel complexes are estimated at VND4 trillion from 2021. Setting up a xproduction headquarters in Dung Quat Export Processing Zone in Quang Ngai province, Hoa Phat Group has turned a project abandoned by foreign investor for decades into a leading steel manufacturing complex in Vietnam. At the Dung Quat Steel Complex, two buildings are used for the automatic steel analysis center and the physico-mechanical property testing center, valued at over VND100 billion. This is the most modern sampling system in the world today with the entire process of taking, processing, analyzing samples and giving results implemented automatically. It takes no more than 2 minutes and 30 seconds to get test results for steel samples. If a country has not developed OT, it cannot create a lot of opportunities and large environments to put IT into application. Thus, both OT and IT need to be developed in the context of the 4.0 revolution, especially in developing countries where OT is still not diverse as it is in developed countries. The Da Nhim – Ham Thuan – Da Mi Hydropower JSC (DHD) is running four hydropower plants (Da Nhim, Song Pha, Ham Thuan and Da Mi), located in the provinces of Ninh Thuan and Binh Thuan. The head office of …
