This is the pioneering step of billion-dollar businesses in committing transparent emissions reporting at a scale across all branches in 30 countries, meeting the requirements of sustainable development in the global technology supply chain. Here we affirm the capacity and solution of the Make in Vietnam – Made by FPT ESG solution like VertZéro can help businesses and organizations meet international green standards.
Specifically, the VertZéro greenhouse gas inventory solution is selected by FPT Software to be applied throughout the process from: Collecting and systematizing, automating activity data greenhouse gas inventory with corresponding information to operational fields; Identifying emission sources and coefficients ensuring global standard coefficients; Calculating emissions volume in the enterprise; Supporting strategy planning, emission reduction goals for each unit / location according to the development strategy of the business.
The objective is to help companies proactively inventory greenhouse gases in 3 scope, connecting and synchronizing data from 30 countries, building standard emission coefficients, customizing each region. The VertZero solution is designed to meet global reporting standards, eliminating greenhouse gases such as ISO 14064, GHG Protocol and other standards.
In 2023, FPT Software reached a revenue milestone of $ 1 billion, making FPT Corporation the first Vietnamese company to enter the global billion-dollar IT company group. Revenue comes from major markets including Japan, the US, and Asia-Pacific with growth rates over 30%. The company has made significant strides in raising its position in the global market through M&A deals, collaborations with major partners such as Intertec International, Cardinal Peak, OASIS, Landing AI. Currently, the unit provides technology services to more than 1000 global customers, including the Top 100 Fortune Global 500 lists.
To further delve into the global technology supply chain, the challenge posed to FPT Software is to join forces and lead the construction of a green supply chain. At present, with regulations and sustainable development standards worldwide such as GRI, SASB, CBAM, IPCC,… international companies, especially in Europe and Japan, are interested in transparent emissions reporting. Therefore, establishing a system that allows monitoring of data related to the sustainability of the supply chain, planning the greenhouse gas emission reduction roadmap will be a prerequisite competitive advantage, increasing trust and choices with global partners.
“Through this project, we expect to contribute to FPT Software’s Net Zero strategy, including both aspects: developing Netzero software solutions and solutions developed by FPT Software to help reduce emissions for its customers”, said Mr. Tran Dang Hoa – President of FPT IS. The Consultation and support for the Net Zero 2050 goal, FPT IS is actively investing in research and partnering with industry-leading experts and advisors on green transformation solutions for businesses. We commit to accompany partners and customers in leveraging the power of technology, scaling the efficiency of green transformation projects in Vietnam and globally.”
Mr. Nguyen Khai Hoan – Deputy General Director of FPT Software confirms: “In 2023, FPT Software was ranked Silver in the survey conducted by EcoVadis, the most reputable sustainable business rating organization used by many advanced countries. This puts us in the top 12% of companies in the same industry rated by EcoVadis. The implementation of the greenhouse gas inventory will continue to be an important platform for us to affirm our commitment to sustainable development as well as a leading provider of IT services to international partners, thereby improving the position in the global billion-dollar IT service enterprise group. Here also affirms the role of Vietnamese technology units in accompanying the mission of promoting green transformation towards the country’s NDC 2030 goal.”
