As global markets demand greater sustainability, companies are facing pressure and opportunity to integrate environmental, social and governance (ESG) standards into long-term strategies, with stronger regulatory backing and sector-wide support.
The Thai cabinet approved a carbon tax of 200 THB (5.9 USD) per tonne of carbon emissions on January 21, as part of the country’s strategy to reduce greenhouse gas emissions, according to Deputy Finance Minister Paopoom Rojanasakul.
Thailand’s Commerce Ministry is calling on local farmers to adopt advanced technologies to reduce carbon emissions in rice production, aiming to enhance the country’s rice competitiveness in the global market.
Petrovietnam Renewable Energy Corporation (PV Power REC) have signed a cooperation agreement with PVA Energy Solutions and the Republic of Korea’s tech firm 60Hertz to enhance Vietnam’s renewable energy sector using advanced information technology (IT) and artificial intelligence (AI).
Malaysia-based carrier AirAsia will begin imposing a mandatory carbon fee on all passengers starting January 1, 2025, according to the country’s Transport Minister Anthony Loke.
National flag carrier Vietnam Airlines, the Vietnam Air Services Company (VASCO) and the People’s Committee of Con Dao district in the southern province of Ba Ria-Vung Tau on September 30 launched the “Bay nhe toi Con Dao” (flying lightly to Con Dao) campaign, with an aim of reducing carbon emissions.
Singapore is planning to expand its data centre capacity by more than one-third while exploring more environmentally friendly facilities to achieve sustainable growth for this energy-intensive industry.
Nearly 200 fresh markets in Bangkok have joined a Bangkok Metropolitan Administration (BMA) campaign to classify food scraps from other waste, which helps reduce carbon emissions by about 142.5 tonnes per day.
Traditional industrial parks (IPs) are gradually losing their competitive edge and being replaced by IPs that prioritise green and sustainable elements, making them more attractive to investors, said insiders.
Textile and garment exports posted a year-on-year increase of 15% in the first two months of 2024, a result partly attributed to the industry’s gradual adaptation to the green production requirement of import markets.
Young generation plays an important role in the energy transition process in Indonesia as well as the Association of Southeast Asian Nation (ASEAN), Secretary General of the Indonesian Ministry of Energy and Mineral Resources, Dadan Kusdiana, has said.
Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as an increasingly crucial tool.
Green buildings in Vietnam total only 305 with a combined certified construction area of nearly 7.5 million sq.m by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environment under the Ministry of Construction.
The People’s Committee of the Mekong Delta city of Can Tho on November 14 signed a memorandum of understanding (MoU) with AstraZeneca Vietnam Co. Ltd. on cooperation in innovation in the healthcare sector.
Reducing emissions and targeting carbon neutrality have become common global goals that have also posed new requirements on Vietnamese businesses during international integration. Local businesses have been gradually adapting to these new requirements, striving to cut carbon emissions by introducing smart and innovative solutions and effectively using available resources.
A workshop was held in the Mekong Delta city of Can Tho on October 5 to discuss public - private partnership (PPP) in reducing emissions in the tra fish production chain in Vietnam.
The EU's effort to cut carbon emissions globally is going into high gear as the bloc's Carbon Border Adjustment Mechanism (CBAM) entered its transitional phase on October 1.
