In the context of the green economy, the practice of environmental, social, and governance (ESG) standards is becoming increasingly important. In Vietnam, many businesses have started to implement ESG practices seriously and systematically. With a long-term vision, IDICO has also been gradually transforming intending to build eco-industrial parks and sustainable development in the next 3 years.
Initially, IDICO is implementing the transformation from traditional Industrial Parks (IPs) to green IPs in Phu My II and Phu My II Industrial Parks to become the first ecological industrial park model in the region, IDICO has been implementing many practical solutions such as applying advanced technologies to minimize the amount of waste and gas emissions into the environment, using a smart industrial park monitoring platform that allows efficient management and monitoring of energy use.
Kingspan, a reputable investor from Ireland, is a strategic partner of IDICO in Phu My II Industrial Park Expansion. Recently, Kingspan Phu My completed the installation of a solar power system on the rooftop of the factory. This is one of the important steps in the sustainable development journey that businesses are pursuing.
The project not only reflects the urgent need to address climate change but is also a testament to Kingspan's strong commitment to the global sustainability program Planet Passionate. This solar power system is expected to help reduce more than 1,000 tons of CO₂ per year, significantly contributing to the target of on-site energy production reaching 20%, and with the advantage of geographical location, Kingspan Phu My is confident to exceed this target by more than 50%.
Kingspan affirms:
"Businesses play an important role in developing a green and sustainable economy, contributing to reducing greenhouse gas emissions, towards the goal of Net-Zero in the future."
This milestone of Kingspan is not only a commitment to the environment but also shows the sustainable companionship of businesses operating in IDICO's industrial park system.
This year, Suntory PepsiCo – a typical investor in Huu Thanh Industrial Park, Long An – also won the "Industrial Park with a Green Development Strategy" award at the Green Industrial Park event to welcome a new wave of investment with IDICO in July.
IDICO has been continuing to be consistent with the goal of sustainable development, bringing comprehensive "greening" solutions to industrial parks. In the coming time, with the cooperation of partners, IDICO will continue to improve the green ecosystem, connect businesses with the same development orientation, and create a solid foundation for economic development and environmental protection.
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