CO CREATE
  GREEN TRANSFORMATION

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Shaping new standards in business and operations

Green economy is an inevitable trend as the world grapples with environmental issues and climate change. This trend is shaping new environmental and sustainable development standards set by importing markets and regulated by importers.

The Vietnamese Government has committed to reducing emissions by 15.8% by 2030 using domestic resources at the COP26 Climate Summit. As a result, various ministries, departments, sectors, and business groups have joined forces to achieve this goal.

The roadmap for implementing Net-Zero in Vietnam

Mitigating environmental tax risks

The European Union (EU) is implementing new measures on imports and exports to protect the environment, including: 

  • Taxing high greenhouse gas-emitting imports (CBAM)
  • Prioritizing 100% use of green suppliers (Top 500 largest companies globally)
  • Imposing carbon taxes (up to trillions) to encourage the transition to clean and sustainable energy sources

Enhancing relationships with parties

Businesses undertaking green transformation through sustainable development projects can issue green bonds, sell carbon credits, and attract interest from banks, shareholders, and investment funds. This helps reduce the weighted average cost of capital (WACC), improve profit margins, and enhance the brand of the business

Increase market share - Revenue - Competitive advantage

66% of global consumers state that they are willing to pay more for products and services from environmentally responsible businesses (Nielsen 2021). Green transformation helps businesses enhance competitiveness, expand market share, and retain existing customers and partners

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customers

Are more loyal to businesses that are transparent about environmental data (Label Insights, 2022)
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investors

Desire to invest in businesses with green digital transformation projects (PwC, 2023)
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businesses

Companies disclosing environmental data transparently have a higher return on investment (ROI) compared to 67% of non-disclosing businesses (CDP, 2022)
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trillion USD

The global expenditure on green transition amounts to 275 trillion USD (McKinsey, 2022), providing opportunities for businesses to take early action

Co-create to jointly achieve the Net-Zero 2050 target

Co-create to jointly achieve the Net-Zero 2050 target

News & Trends

Co-create green transformation

Experts Sharing - 19 June, 2024

Sustainable and Circular Textiles by 2030

In this article, we’ll cover: The Current Crisis in Textiles A Perfect Storm of Challenges Understanding Textile Value-chain Circularity Pathway under EU Green Deal Policy Utilize CEAP Pathway to Transform Your Business Step-by-Step Guideline for Sustainable Textile Production Case...
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