An International Renewable Energy Certificate (I-REC) is a type of Energy Attribute Certificate (EAC). It can be used to promote renewable energy production and reduce greenhouse gas emissions. What is a Renewable Energy Certificate (REC)? Concept of Renewable Energy Certificate (REC) A Renewable Energy Certificate (REC), also known as an Energy Attribute Certificate (EAC), is a certificate used to demonstrate […]
As of October 1, 2023, the EU’s Carbon Border Adjustment Mechanism (CBAM) has officially entered its transition phase. Iron and steel is one of the first six industries to be impacted by the CBAM during this initial phase. The ‘greening’ challenge for iron and steel industry enterprises The transition phase of the CBAM runs from October 1, 2023, to December […]
Approximately 50,000 companies must report on their sustainability efforts under the Corporate Sustainability Reporting Directive (CSRD). This includes both EU-based and non-EU corporations that operate within the EU. This directive will also indirectly affect many other businesses, such as those in the supply chain. How to Harness Solar Energy for Good and Profit Footwear enterprises use green standards to increase […]
International experts recognize Carbon Capture and Storage (CCS) technology as a critical intermediate and long-term solution to achieve net-zero emissions. What is CCS, and how does it work? Carbon Capture and Storage (CCS) is a process that captures carbon dioxide (CO2) emissions from various sources and transports them to safe, long-term storage locations, such as deep geological formations underground or […]
Many green manufacturing and consumption businesses have long prioritized reducing greenhouse gas emissions and carbon footprint. However, with recent strong commitments and actions from Governments, reducing emissions and achieving carbon neutrality is not just a trend but a essential pathway for businesses to avoid being phased out of the market. The global trend With over 100 countries making strong commitments […]
The Sustainable Development Goals Report (SDGs) is critical in assessing progress toward the SDGs at the global and regional levels. The United Nations conducted this report, which is updated yearly. In this article, we will explore the significance and components of a Sustainable Development Goals Progress Report, as well as provide an overview of some of the highlights from the […]
As an EPC General Contractor, Vu Phong Energy Group installed a 1 MWp solar power system on the roof of Vietnam Nippon Seiki’s factory at Noi Bai Industrial Park (Soc Son, Hanoi). The project was successfully finished and transferred to Vietnam Nippon Seiki. Vietnam Nippon Seiki Co., Ltd is a Nippon Seiki (Japan) subsidiary. With nearly 80 years of development, […]
As of 2020, 733 million people worldwide do not have access to electricity, and 2.4 billion people continue to cook with damage to health and the environment’s fuels. At the present rate, it is estimated that by 2030, 670 million people will be unserved. The following metric is from the Tracking SDG 7 – The Energy Progress Report 2022, which […]
In September 2015, the United Nations General Assembly adopted the 2030 Agenda, which comprises 17 sustainable development goals aimed at eradicating poverty, protecting the planet, and promoting prosperity for all. Vu Phong Energy Group invites you to learn more about the context, detailed content of the goals, and Vietnam’s achievements in implementing them. The History of Sustainable Development The first […]
Sustainable development is recognized as an inevitable trend in the global development process. What is the difference between development and sustainable development exactly? Circular economy development – An inevitable trend for green growth goal Circular economy – The foundation for Vietnam’s sustainable development What are the advantages of businesses pursuing sustainable development? The concept of development and sustainable development To […]
Sustainable development is a world goal that requires the cooperation of all people. As a result, the United Nations has included a goal of global collaboration in the Sustainable Development Goals (SDGs). That is Goal 17 – Partnerships for the goals. According to the National SDGs Report 2020 – the forecast of the ability to complete the SDGs by 2030, […]
Climate change is not just an urgent global threat, but also an existential threat for all species, according to a series of publications published by the United Nations and international organizations. The climate crisis is the most serious long-term risk, according to the “Global Risk Report 2022.” Climate change action has been placed under the group of universal goals to […]
In November 2021, Vu Phong Energy Group, Construction Company 47 (C47), and INTRACO signed a Memorandum of Understanding (MOU) on “Providing clean drinking water stations and reducing greenhouse gas emissions projects” toward the Sustainable Development Goals. It includes Goal 6 – Ensure availability and sustainable management of water and sanitation for all. Goal 6 is one of a series of […]
Goal 8 (SDG8) of the United Nations’ 17 Sustainable Development Goals (SDGs) aspires to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. According to “The National Report 2020: Five-year progress of Sustainable Development Goals implementation” (SDG National Report 2020) published by the Ministry of Planning and Investment in October 2021, Vietnam will […]
A signing ceremony for establishing a collaboration connection between the Engineering and Technology – Hue University and Vu Phong Energy Group Joint Stock Company was held on the afternoon of March 18, 2022, at Hue University. Mr. Tho, Phan Ngoc, Deputy Secretary of the Provincial Party Committee, and Mr. Binh, Nguyen Thanh, Member of the Standing Committee of the provincial […]
Goal 7 of the United Nations’ 17 Sustainable Development Goals (SDGs) ensures that everyone has access to affordable, dependable, sustainable, and modern energy. Many government Decisions and Resolutions in Vietnam have established the content and path for implementing Goal 7 as well as all 17 Sustainable Development Goals. Goal 7 is also the first of the Sustainable Development Goals (SDGs) […]
Sustainable development, according to Agenda 21, is defined as development that meets the needs of the current generation without jeopardizing future generations’ ability to meet their own needs. It is a well-balanced development in terms of socioeconomic and environmental factors… Economically sustainable development Economically sustainable development is defined as rapid, safe, and high-quality growth in all aspects of the economy […]
Sustainable development is gaining traction on a global scale. Members of the United Nations, including Vietnam, have worked hard to incorporate the goals of the 17 Sustainable Development Goals into their socio-economic development policies. Vu Phong Energy Group is committed to sustainable principles and works with others throughout the world to accomplish the goals of environmental protection, peace, and prosperity, […]
