Dragon Capital Group offsets entire annual emissions

April 17, 2017 | 17:03
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Dragon Capital Group (DCG) announced that it has offset all of its annual carbon emissions by purchasing Voluntary Emission Reduction (VER) certificate from a Vietnamese rural biogas project.

The total 583.43 tonnes of CO2 emitted by the group this year was offset by green energy produced from the Biogas Programme for the Animal Husbandry Sector of Vietnam, launched in 2003 by the Livestock Production Department of the Ministry of Agriculture and Rural Development of Vietnam in corporation with SNV—an international development organisation established in the Netherlands.

The project provides farming families with access to renewable energy and improved hygiene through the development of a commercially viable biogas sector.

According to Gavin Smith, director of Dragon Capital Clean Development, “Offsetting Dragon Capital Group’s carbon emission through this project not only enhances our corporate social responsibility initiative but also encourages the development of small-scale biogas generation in Vietnam, providing rural farmers with a sustainable gas supply from farm waste.”

With the aim of becoming one of the leaders in promoting corporate sustainability and environmental responsibility in Vietnam, DCG is conscious of its consumption of natural resources and is committed to proactively manage its environmental performance. Part of this commitment, the company continuously keeps track of its carbon footprint and offsets unavoidable operational emissions to maintain its carbon-neutral status since 2008.

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