Category Archives: ESG

Voluntary Carbon Markets vs. Compliance Markets

Industrial factory in Canada.

As climate change accelerates, governments, businesses, and individuals are increasingly looking for ways to reduce their carbon footprint. Among the solutions gaining momentum are carbon markets, which provide a mechanism for offsetting greenhouse gas (GHG) emissions. These markets fall into two broad categories: voluntary carbon markets (VCMs) and compliance markets (CMs). While both aim to…

Tips to Effectively Engage Stakeholders in Sustainability

Sustainability has become a core focus for organizations worldwide, not just as a moral imperative but as a crucial factor for long-term success. However, achieving sustainability goals isn’t a solo effort; it requires active engagement and collaboration with both internal and external stakeholders. Engaging stakeholders effectively can lead to better alignment, enhanced credibility, and measurable…

Exploring the Economics of Carbon Credits and I-RECs: Key Pricing Factors and Market Dynamics

Introduction As businesses and countries increasingly strive to reduce their environmental impact, carbon credits and International Renewable Energy Certificates (I-RECs) have become essential tools in the global fight against climate change. By purchasing these credits and certificates, organizations can offset their emissions and demonstrate commitment to sustainability. However, the economics of these markets are complex,…

Vietnam’s Extended Producer Responsibility Policy

In recent years, Vietnam has made significant strides in addressing its growing waste management challenges. One of the most promising initiatives is the implementation of the Extended Producer Responsibility (EPR) policy. This policy aims to hold producers accountable for the entire lifecycle of their products, from production to disposal. As Vietnam continues to develop, understanding…

MoNRE and DoNRE in Vietnam: Understanding Their Roles in Environmental Protection

Introduction Vietnam, a rapidly developing country, is facing various environmental challenges as it balances economic growth with sustainability. In this context, two important government bodies play a critical role in shaping and enforcing Vietnam’s environmental policies: the Ministry of Natural Resources and Environment (MoNRE) and the Department of Natural Resources and Environment (DoNRE). Together, these…

Understanding Environmental Measurement

In today’s world, environmental measurement is crucial for understanding the impacts of human activity on our planet and guiding policies for sustainable development. As awareness of environmental issues grows, so does the need for accurate, comprehensive, and actionable environmental data. This article provides an overview of key concepts in environmental measurement, drawn from a course…

10 Sustainability Trends in 2024

Introduction As we move into 2024, the sustainability landscape is evolving faster than ever. For businesses, investors, and professionals alike, staying ahead of the curve means keeping a close eye on the latest sustainability trends. In this article, we’ll delve into the top 10 sustainability trends that will shape the future of sustainable business practices,…

ISO 14064: Framework for Sustainable GHG Management

What is ISO 14064? In the contemporary world, the emphasis on environmental sustainability is greater than ever before. Organizations are increasingly seeking ways to reduce their environmental impact and demonstrate their commitment to sustainability. One critical tool aiding this endeavor is the ISO 14064 standard. This article delves into the ISO 14064 standard, explaining its…

An introduction to ESG ratings

Introduction In an era where sustainability and ethical practices are increasingly at the forefront of business strategy, ESG ratings have emerged as a vital tool for evaluating corporate behavior and impact. ESG ratings delve into three pivotal areas: the environmental footprint of a company, its social responsibility, and the governance standards it upholds. These ratings…

Introduction to Carbon Disclosure Project (CDP)

History Overview The CDP, formerly known as the Carbon Disclosure Project, has a rich history as an international non-profit organization. With its roots in the United Kingdom, it has expanded its reach to Japan, India, China, Germany, Brazil, and the United States. CDP’s mission is to normalize environmental reporting and risk management across the business…

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