On April 15th, NS BlueScope Vietnam organized the Responsible Sourcing Forum in Ho Chi Minh City to announce the Responsible Sourcing program for the 2022–2030 period, the climate change response strategy for its supply chain to 2050, as well as introduce typical cases of greenhouse gas emissions reduction and climate change response. The Forum saw the participation of industry experts and numerous suppliers in NS BlueScope Vietnam’s supply chain.

The Forum focuses on sustainability standards for suppliers in the company’s supply chain, with updated standards on climate change response.

Vietnam is experiencing rapid economic growth yet is badly hit by climate change. At the UN Climate Change Conference (COP26), Vietnam made strong commitments on addressing climate change, moving towards the goal of net-zero emissions by 2050 (Source: The Race to Net Zero (moit.gov.vn). This is a premise for domestic and foreign-invested enterprises to pay more attention to reducing greenhouse gas emissions and building a sustainable supply chain, working together towards the carbon neutrality goal by 2050.
As a galvanized steel company full of enthusiasm for corporate social responsibility in Vietnam, NS BlueScope Vietnam launched the Supply Chain Sustainability Forum in 2019 to introduce corporate standards for sustainable development, operating principles, and a vision for the company’s supply chain. Following the success of the Forum, the Responsible Sourcing program for the 2022–2030 period focuses on sustainability standards for suppliers in the company’s supply chain, with updated standards on climate change response.

“Over the next eight years, we are on track to reduce our carbon emissions by 30% and move towards carbon neutrality by 2050, in line with the Government’s target. We hope to spread this goal across our entire supply chain to create a business community that is carbon neutral by 2050,” Ms. Bui Phuong Mai, Vice President of Supply Chain of NS BlueScope Vietnam, said at the Forum.

According to Ms. Nguyen Dinh Minh Tam, Operation, Compliance, and Risk Director of BSI Vietnam, greenhouse gas emissions mostly derive from the use of raw materials. They are used for production and transportation activities, among others. Therefore, this will be a key focus area to cut greenhouse gas emissions. “We need to focus on how to make efficient use of energy and materials. We also need to focus on reducing emissions, improving processes, and increasing operational efficiency,” Ms. Tam said at the forum.

Ms. Nguyen Dinh Minh Tam believes that the efficient use of raw materials is the key to greenhouse gas emissions reduction.

Meanwhile, at the Forum, NS BlueScope Vietnam also granted awards to supply chain partners who have made great efforts to combat climate change. Hoa Lam Transport Service Trading Company Limited was honored for pioneering green transportation by converting means of transport from EURO2 to EURO4 technology. Posco Vietnam was also honored for positive improvements in its production operations, reducing 70% of its fuel consumption for its boiler systems.

In addition, the company also granted WESTERN Refrigeration an award for its positive inspiration to the community to combat climate change. WESTERN Refrigeration is known for its green material solutions that make green buildings more efficient. For example, its QuadCore insulation core solution for cold chain warehouses helps decrease the building’s electricity consumption by 15-20%.

NS BlueScope Vietnam honors partners in the supply chain who have made great efforts to combat climate change.

The Forum is the opening activity among a series of events to spread awareness of carbon emissions reduction for NS BlueScope Vietnam’s supply chain after the whole industry returns to a new normal. The company will continue to organize seminars, workshops, field visits, and other activities to train and build an environmentally and socially responsible supply chain.