FPT Software pioneers carbon reporting in Vietnamese tech sector

FPT Software, in a groundbreaking initiative, has become the first tech firm in Vietnam to conduct carbon reporting. The IT giant has taken a significant stride towards its mission of delivering eco-friendly technologies worldwide by launching the new carbon accounting initiative across its global network in partnership with FPT Information System. This project echoes FPT Software's aspiration to become Net-Zero and supports Vietnam in accomplishing its NDC objectives by 2030.

Focused on developing green technology, FPT Software has ventured into a comprehensive carbon accounting project. In a collaborative initiative with the FPT Information System, the project aims for complete transparency and conforms to international standards. FPT Information Systems' VertZro will underpin the carbon auditing solution, supporting the project by providing environmental data collection, calculation, management, emission reporting, and progress monitoring.

Bringing the best of AI and cutting-edge data technologies, the carbon accounting project is expected to be completed within a span of 6 months. The project will initially be piloted in some of the key markets for FPT Software, including Vietnam, Japan, and Slovakia. Its execution will extend to mass adoption in 30 other countries and territories.

FPT Information System's contribution will not just stop at collaborating on the project. It will also take responsibility for providing scenario modelling and future forecasting. In addition, it will craft strategic plans to offset greenhouse gas emissions for FPT Software based on individual markets and time frames.

Nguyen Khai Hoan, FPT Software Senior Executive Vice President, commented, "The global concern and our clients' recent focus has been sustainability and a green economy. With carbon auditing as a cornerstone, this movement accelerates our green transformation as we strive to become Net-Zero." He expressed that the initiative will aid their native country, Vietnam, to achieve their Nationally Determined Contributions (NDC) goals by 2030.

Tran Dang Hoa, Chairman of FPT Information System, cited, "This project will further pave the way for FPT Software's sustainable growth and net-zero software solutions, boosting them by reducing carbon emissions." He stated the company's commitment to supporting customers and partners in their green transformation journeys and contributing towards Vietnam's goal of becoming Net-Zero by 2050.

Tran Duc Tri Quang, Chief Data Officer of FPT Information System, said: "We are thrilled to join FPT Software in the green transformation journey to drive down emissions and boost net-zero offerings for clients and partners. By leveraging VertZéro advancements and FPT Software's highly digitalised management system, we are confident to deliver carbon footprint reports in an optimised duration with utmost reliability, accuracy, and compliance anywhere the company presents." 

With sustainability at the core of its operations, FPT Software actively participates in global sustainable initiatives such as the United Nations Global Compact Initiative. The company recently achieved a Silver badge in the 2023 EcoVadis Assessment. In addition to developing green technology, FPT Software is also committed to promoting diversity across its global facilities.