Bamboo Capital Partners with Esgpedia to Support Corporate Sustainability and ESG Reporting for Businesses in Vietnam
Vietnam companies are facing rising pressures from both international and local developments to embark on decarbonisation and sustainability. This comes with heightened regulations from the European Union (‘EU’) around ESG reporting and sustainable procurement, which would require importers to EU to pay a levy that corresponds to the price of emissions allowance under the EU Emissions Trading System. Locally, the Vietnamese government has also established regulations around governmental green procurement, which has led to an increase in sustainable procurement.
Photo courtesy of geralt.