96 per cent of Vietnamese firms are more aware of rules on greenhouse gas emissions

96 per cent of Vietnamese firms are more aware of rules on greenhouse gas emissions

The 'Green IMPACT Gap' 2024 survey, which interviewed 4,500 enterprise leaders across nine countries, including 500 from Việt Nam, aims to gather perspectives on sustainability and environmental challenges faced by Asian leaders.

Regulations such as Decree No 06/2022/NĐ-CP will encourage businesses to adopt more sustainable practices, even though it may impact short-term profits. — Photo nongnghiep.vn

A recent survey by Schneider Electric reveals that up to 96 per cent of Vietnamese enterprises have gained insights into a decree focusing on the mitigation of greenhouse gas emissions and the protection of the ozone layer.

The 'Green IMPACT Gap' 2024 survey, which interviewed 4,500 enterprise leaders across nine countries, including 500 from Việt Nam, aims to gather perspectives on sustainability and environmental challenges faced by Asian leaders.

Over half of the surveyed enterprises cited a lack of technical expertise in measuring and reporting emissions as the primary challenge to fully complying with Decree No 06/2022/NĐ-CP. Additionally, 46 per cent reported facing difficulties due to inadequate funding or resources to meet the required standards.

Despite these challenges, 58 per cent of respondents believe that such regulations encourage businesses to adopt more sustainable practices, even though it may impact short-term profits.

The survey revealed that corporate ethics and transparency were the top concern for 32 per cent of Vietnamese enterprises, ranking among the three most important issues in sustainable development. The other key concerns identified were workplace health and safety, and waste management and recycling.

Survey responses also highlighted key investment areas for a sustainable transformation in Asia and Việt Nam, including digitalisation, supply chain sustainability and green solutions. Among these, 53 per cent of Vietnamese enterprises prioritise supply chain sustainability and green solutions, while 49 per cent focus on investing in digitalisation.

At the same time, the survey underscored the increasing emphasis on sustainability among Asian enterprises, with 60 per cent of leaders ranking it as a top priority. In Viêt Nam, this figure rises to 73 per cent, surpassing Indonesia (71 per cent) and trailing only Thailand (83 per cent) in prioritising sustainability.

General Director of Schneider Electric Vietnam and Cambodia Đồng Mai Lâm said: “Việt Nam is making significant progress in the journey to fulfil its sustainable development commitments." 

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