1. WHAT IS A GREENHOUSE GAS INVENTORY?
“Greenhouse gas inventory (GHG) is the activity of collecting information and data on sources of greenhouse gas emissions, calculating greenhouse gas emissions, absorbing greenhouse gases within a specified range and in a specific year according to methods and procedures promulgated by competent authorities.”
2. WHY IS IT NECESSARY TO TAKE A GREENHOUSE GAS INVENTORY?
With the entry into force of the 2020 Law on Environmental Protection, the GHG inventory will become mandatory for nearly 2,000 enterprises in Vietnam. In addition, the GHG inventory will bring the following benefits to businesses:
Prepare for mandatory reporting programs and participation in future carbon markets;
Have a comprehensive understanding of the company’s current emission status, identify and quantify the main sources of emissions to help the company manage emissions and identify the most effective and economical emission reduction measures, identify risks related to future GHG quotas;
Increase transparency through voluntary disclosure of GHG emission data, thereby improving the company’s image and competitiveness, recognized for pioneering actions;
Building a foundation for the company to move towards a low-carbon development path, including defining a GHG reduction pathway and/or net-zero targets;
It is the first and important step for the company to develop a strategy to take advantage of opportunities from climate change to build a competitive advantage in business. This will help businesses attract investment and reap new business opportunities.
3. WHO NEEDS TO CARRY OUT A GREENHOUSE GAS INVENTORY?
Greenhouse gas emitting facilities that must perform a greenhouse gas inventory are facilities with annual greenhouse gas emissions of 3,000 tons or more of CO2 equivalent or one of the following:
a) Thermal power plants and industrial production establishments with a total annual energy consumption of 1,000 tons of oil equivalent (TOE) or more;
b) A freight trading company with a total annual fuel consumption of 1,000 TOE or more;
c) Commercial buildings with total annual energy consumption of 1,000 TOE or more;
d) Solid waste treatment facilities with an annual operating capacity of 65,000 tons or more.
4. AREAS WHERE THE INVENTORY IS CARRIED OUT:
Field 01: Energy: Energy production industry, Energy consumption in industry, commerce, services and civil; coal, oil, natural gas mining
Field 02: Transportation: Energy consumption in transportation
Field 03: Construction energy consumption in the construction industry; Industrial processes in the production of building materials
Field 04: Industrial processes: Chemical production; metallurgy; electronics industry; use of substitutes for ozone-depleting substances; production and use of other industrial products
Field 05: Agriculture, forestry, land use: Animal husbandry; forestry and land use change; cultivate; energy consumption in agriculture, forestry and fisheries; other sources of emissions in agriculture. Sector 06: Waste: Solid waste landfill; solid waste treatment by biological methods; incineration and open burning of waste; treatment and discharge of wastewater.
5. GAS INVENTORY REQUIREMENTS
a/ Greenhouse gas inventory methods shall be applied in accordance with the greenhouse gas inventory guidelines of the Intergovernmental Panel on Climate Change;
b) Data on activities serving greenhouse gas inventory must ensure continuity, accuracy and reliability, which can be checked, compared and evaluated;
c) The greenhouse gas inventory report must fully show information on inventory methods, operational data, applicable emission coefficients and greenhouse gas inventory results;
d) Appraise greenhouse gas inventory results in compliance with the appraisal order promulgated by the Ministry of Natural Resources and Environment, ensuring consistency and reliability;
đ) Information on results of greenhouse gas inventories at national and sectoral levels shall be published on websites of state management agencies in charge of climate change and related domains.
Greenhouse gas emitters on the list must conduct a biennial greenhouse gas inventory shall:
a) Provide operational data and relevant information for the greenhouse gas inventory of the establishment in the year preceding the reporting period under the guidance of the ministry of sector management by March 31 from 2023;
b) Organize the grassroots-level greenhouse gas inventory, prepare a biennial grassroots-level greenhouse gas inventory report for 2024 onwards according to Form No. 06 of Appendix II promulgated together with this Decree and send it to the People’s Committee of the province before March 31 from 2025 for the appraisal;
c) Complete the report on the greenhouse gas inventory results at the grassroots level, and send it to the Ministry of Natural Resources and Environment by December 1 of the reporting period starting from 2025.
6. CAPACITY OF EHS VWS
– A team of experts with extensive experience in the field of inventory;
– Consultancy on inventory, and preparation of greenhouse gas reports;
– Ability to handle work well with agencies;
– Professional working experience with enterprises;
– Scientific, fast, and reputable workflow
– Package service, no cost
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