At the program “Connecting Carbon Credit Buyers and Sellers” organized by Saigon Economic Times, Mr. Trần Minh Tiến, CEO of Netzero Carbon, emphasized the indispensable role of companies purchasing and owning carbon credits. Engaging in the carbon credit market not only helps businesses better understand the environmental impact of their production activities but also provides them with opportunities to implement effective and sustainable emission reduction measures.
1. What Are Carbon Credits?
Carbon credits are tools that allow businesses to offset the CO2 emissions they generate during production and operations. One carbon credit is equivalent to one ton of CO2 that has been reduced or removed from the atmosphere. By owning carbon credits, companies can balance their emissions by investing in environmental protection and long-term emission reduction projects.
Companies like Netzero Carbon provide businesses with the opportunity not only to buy carbon credits but also to contribute to projects with long-lasting emission reduction effects. One standout example shared by Mr. Trần Minh Tiến is the sustainable rice cultivation project.
2. Sustainable Rice Cultivation Project: Effective Emission Reduction
The rice cultivation project undertaken by Netzero Carbon and GreenUP is a vivid example of how companies can reduce emissions through sustainable agricultural practices. These methods include efficient water usage, optimized fertilizer management, and the application of advanced technology in farming. As a result, the project not only reduces greenhouse gas emissions from agricultural activities but also improves the productivity and quality of agricultural products.
As the exclusive development partner for Net Zero Carbon, GreenUP is proud to support this groundbreaking project, helping farmers transform traditional practices into eco-friendly solutions that benefit both the environment and their livelihoods.
Collaboration between businesses and Netzero Carbon brings long-term benefits to both the environment and local communities. By participating in such projects, companies not only achieve their emission reduction goals but also contribute to the sustainable development of agriculture and the economy.
3. The Benefits of Owning Carbon Credits
According to Mr. Trần Minh Tiến, participating in the carbon credit market and collaborating with companies like Netzero Carbon brings three key benefits to businesses:
3.1. Accurately Measure Emissions
One of the first steps companies need to take is to accurately measure the emissions generated by their production activities. This helps businesses gain a clearer understanding of their environmental impact, providing a foundation for building appropriate emission reduction strategies.
Netzero Carbon provides businesses with the tools and services to carry out this measurement efficiently. Accurate data on emissions helps companies make informed decisions on how to reduce them.
3.2. Develop Emission Reduction Strategies
Once emissions have been measured, businesses need to plan and develop emission reduction strategies based on the information gathered. Owning carbon credits is not just a short-term solution to offset emissions but also a driving force for companies to improve production processes, seek greener solutions, and sustainably reduce emissions.
3.3. Enhance Business Reputation
Today, consumers and business partners are increasingly focused on environmental protection. Companies that commit to environmental protection and participate in emission reduction programs like carbon credits are often highly regarded for their reputation and image. Owning carbon credits helps businesses affirm their commitment to sustainable development, thereby enhancing their standing and building trust with customers and partners.
Mr. Trần Minh Tiến and Netzero Carbon are opening up significant opportunities for Vietnamese businesses to participate in the carbon credit market and reduce their environmental impact. Owning carbon credits not only brings economic benefits but also helps companies contribute to environmental protection and sustainable development goals. Businesses should seize this opportunity to contribute to mitigating climate change and building a greener future.
