SAIGONTEL ALONG WITH HEPZA BUSINESSES ASSOCIATION TOWARDS SUSTAINABILITY GREEN DEVELOPMENT

Written by  - Saturday, 28 October 2023

On October 27th, Hepza Businesses Association (HBA) successfully organized the seminar "Manufacturing Enterprises and Sustainable Development Trends." SAIGONTEL, not only a key sponsor of the program but also actively participated in sharing its vision, direction, and methods for greening existing industrial parks.

In the opening speech, Mr. Dao Xuan Duc, Chairman of HBA, stated that the seminar aimed to provide useful information to the business community in export processing zones, industrial parks, and high-tech zones in Ho Chi Minh City about sustainable development trends worldwide and in Vietnam. The event facilitated the exchange of experiences and successful solutions that some domestic and foreign enterprises have applied in their journey toward sustainable business activities.

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Mr. Dao Xuan Duc – Chairman of Hepza Businesses Association (HBA) had the opening speech

According to experts join in the program and representatives of businesses, the world is increasingly adopting ESG criteria (Environmental, Social, and Governance) in their operations. Many companies are making continuous efforts to reduce carbon emissions and waste, responsibly source inputs to meet ESG criteria, which are becoming increasingly important in the eyes of investors and consumers.

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Mr. Ho Anh Tung – Saigontel Green Infrastructure Development Alliance representative shared in the discussion session of program.

Within the framework of the seminar, during the discussion session, Mr. Ho Anh Tung - Representative of the Green Infrastructure Development Alliance Saigontel, shared more details about the mission and goals of the Alliance in developing green industrial parkss according to the global Net-Zero standards. This means industrial parks with the ability to self-supply energy from renewable sources, emit no carbon, and efficiently use high resources. This is an important and necessary goal in the context of climate change and Vietnam's sustainable development needs. Saigontel Alliance aims to contribute to the implementation of Vietnam's commitments at COP26, namely reducing greenhouse gas emissions by 9% compared to the reference scenario by 2030 and possibly reducing an additional 27% with international community support.

Additionally, regarding the roadmap and efficiency of green shifting for existing industrial parks, Saigontel Green Alliance will apply a three-stage approach: Stage 1, assess the current situation and determine carbon emission reduction targets for each industrial park. Use analysis and measurement tools to estimate the current carbon emissions of industrial parks based on parameters such as area, number of businesses, operational industries, types and quantities of energy usage, types and quantities of generated waste. Then, define emission reduction targets for each stage, complying with international standards such as the Science Based Targets initiative or the Carbon Disclosure Project. Stage 2, select and implement green transformation solutions for each industrial park, providing energy technology solutions and green technical infrastructure. Stage 3, mobilize green funding sources and monitor implementation results. Investment efficiency will be calculated based on criteria such as capital costs, operating costs, energy savings, risk reduction, and enhanced credibility.

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