Climate Change Data

AMATA VN Public Company Limited

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1365 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:871 tCO2e/year
Scope 2 Emissions:494 tCO2e/year
Renewable Energy Share:15.8% (ASC)
Total Energy Consumption:456,270 kWh/year (ASC)
Water Consumption:13,534 m3/year (ASC)
Waste Generated:638,927 kg/year
Carbon Intensity:2.66 tCO2e/ha (2023)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 7.3% reduction in carbon emissions from 2017 base year
  • 34% reduction in total solid waste from 2022
  • 14% reduction in water consumption from 2018 base year

Social Achievements

  • Generated employment opportunities for nearly 60,000 individuals, 99% being local residents
  • 100% of employees passed Code of Conduct and CG training
  • 87.2% community satisfaction

Governance Achievements

  • Received a full score of 100 on the 2023 Annual General Shareholders’ Meeting (AGM) Assessment for 7 consecutive years
  • Received CAC membership renewal certification
  • Received the SET ESG Ratings (AA) for the 4th consecutive year

Climate Goals & Targets

Long-term Goals:
  • Carbon Neutrality City in 2040
Medium-term Goals:
  • Achieve 7% reduction in GHG emissions by 2025 (compared to 2017)
Short-term Goals:
  • Reduce water usage of the commercial building (ASC) by 25% in 2025 (based on 2018)
  • Limiting water leakages to not exceed 2% within the industrial estate

Environmental Challenges

  • Challenging economic landscape in 2023
  • Land acquisition process in Vietnam
  • Ensuring consistency and compliance across diverse regulatory environments and cultural contexts (for subsidiaries with operations overseas)
Mitigation Strategies
  • Actively exploring innovative solutions to minimize environmental impact
  • Developed land-use plan to analyze physical condition and identify potential alternatives for land usage
  • Strong governance practices to mitigate risks, maintain operational efficiency, and promote ethical conduct

Supply Chain Management

Supplier Audits: 100% of critical suppliers audited

Responsible Procurement
  • Supplier Code of Conduct
  • ESG performance evaluation of suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Limited water availability
  • Increased energy consumption
Transition Risks
  • Compliance risks
  • Increased scrutiny from investors on emissions reporting
  • Increased energy and water prices
Opportunities
  • Development of energy-efficient products
  • Renewable energy transition

Reporting Standards

Frameworks Used: GRI Universal Standard 2021

Third-party Assurance: VGREEN (TGO certified)

UN Sustainable Development Goals

  • 15 out of 17 UN SDGs

Awards & Recognition

  • SET ESG Ratings (AA)
  • Certificate of Merit from Dong Nai People’s Committee
  • Top 10 Sustainable Businesses in Vietnam