Tiếng Việt
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Greenhouse Gases (GHG) are gaseous components of the atmosphere, including carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbon compounds (HFCs), perfluorocarbon compounds (PFCs), and sulfur hexafluoride (SF6). The measurement unit used for greenhouse gases is Carbon Dioxide Equivalent, abbreviated as CO2e.
From 2024 onwards, businesses will organize and conduct facility-level greenhouse gas inventories and prepare facility-level greenhouse gas inventory reports every two years, submitting them to the provincial People’s Committee for verification and then forwarding them to the Ministry of Natural Resources and Environment. |
Businesses must be able to capture and manage risks related to GHG emissions to ensure long-term success in a competitive business environment and comply with legal policies.
B. Legal Regulations on Corporate Greenhouse Gas Inventories
1. Environmental Protection Law 2020 (Law No. 72/2020/QH14)
From January 1, 2022, the Environmental Protection Law 2020 (Law No. 72/2020/QH14) came into effect, requiring businesses in the List of Greenhouse Gas Emitting Facilities to conduct Greenhouse Gas inventories.
2. According to Circular No. 96/2020/TT-BTC
Section 2, Article 10 of Circular No. 96/2020/TT-BTC, which provides guidance on information disclosure in the securities market effective from February 1, 2021, mentions the inclusion of GHG emissions reports in the Annual Report applicable to public companies. The financial information in the Annual Report must be consistent with the audited financial statements.
Additionally, Section 6 of Part II in Appendix IV outlines other related reporting requirements, including:
- Total direct and indirect GHG emissions.
- Measures and initiatives to reduce GHG emissions.
C. Services Provided by NGO
Climate change is increasingly impacting the business operations of companies in every country worldwide. Business owners, investors, and financial organizations need to consider ESG (Environmental – Social – Governance) values and sustainability in their investment decisions.
Climate change is increasingly impacting the business operations of companies in every country worldwide. Business owners, investors, and financial organizations need to consider ESG (Environmental – Social – Governance) values and sustainability in their investment decisions.
Large GHG-emitting businesses, with the obligation to reduce GHG emissions, will have two choices: (1) Invest in solutions to reduce GHG emissions within their operations; and/or (2) trade on the ETS and carbon market.
As a provider of environmental solutions, including CLIMATE CHANGE MITIGATION solutions, NGO offers the following services:
- Measurement and inventory of corporate GHG emissions.
- Consulting and developing GHG emission reduction solutions in business operations.
- Advising and supporting businesses to comply with legal regulations on GHG inventories and emission reduction.
We are committed to working alongside businesses to turn environmental and GHG issues into competitive advantages in today’s business environment.
Businesses interested in GHG inventory and emission reduction services can contact NGO via phone at (+84)24.7300.0890 or email: office@8ngo.com for direct consultation.
