Potential offtaker

Vietnam Dairy Products JSC

www.vinamilk.com.vn

Estimated electricity consumption

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Countries of production presence

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Vietnam Dairy Products JSC, commonly known as Vinamilk, is a leading dairy company in Vietnam that operates in the dairy products sector. The company was established in 1976 and has since grown to become the largest dairy producer in Vietnam, with a market share of over 50%. Vinamilk produces a wide range of dairy products, including milk, yogurt, cheese, ice cream, and nutritional products.

Vinamilk is committed to sustainable development and has implemented several initiatives to reduce its carbon footprint and promote renewable energy. The company has set a target to reduce its greenhouse gas emissions by 20% by 2025, compared to its 2016 baseline. To achieve this goal, Vinamilk has implemented a decarbonisation strategy that focuses on energy efficiency, renewable energy, and sustainable production practices.

One of the key initiatives that Vinamilk has undertaken to reduce its carbon footprint is the implementation of a Corporate Energy Management System (CEMS). The CEMS is a comprehensive system that monitors and manages the company's energy consumption, identifies energy-saving opportunities, and tracks the progress of energy-saving initiatives. The system has helped Vinamilk to reduce its energy consumption and greenhouse gas emissions, while also improving its operational efficiency.

Vinamilk has also invested in renewable energy to reduce its dependence on fossil fuels and promote sustainable energy. The company has installed solar panels at its production facilities, which generate clean energy and reduce its carbon footprint. Vinamilk has also signed a Corporate Power Purchase Agreement (PPA) with a renewable energy provider to purchase renewable energy for its operations. The PPA ensures a stable and predictable supply of renewable energy for Vinamilk, while also supporting the development of renewable energy in Vietnam.

In addition to its decarbonisation and renewable energy initiatives, Vinamilk has also implemented several sustainable production practices to reduce its environmental impact. The company has implemented a waste management system that reduces waste generation and promotes recycling and reuse. Vinamilk has also implemented a water management system that reduces water consumption and promotes water conservation.

Vinamilk's commitment to sustainable development has been recognized by several international organizations. The company has been included in the Dow Jones Sustainability Index for six consecutive years, which recognizes companies that demonstrate leadership in sustainable development. Vinamilk has also been recognized by the Global Reporting Initiative for its sustainability reporting practices.

In conclusion, Vinamilk is a leading dairy company in Vietnam that is committed to sustainable development. The company has implemented several initiatives to reduce its carbon footprint and promote renewable energy, including the implementation of a decarbonisation strategy, the installation of solar panels, and the signing of a Corporate PPA. Vinamilk's commitment to sustainable development has been recognized by several international organizations, and the company continues to strive for excellence in sustainable production practices.

✓ Declared Net Zero commitment