Dragon Capital Group (DCG) announced that it had offset all of annual carbon emissions by purchasing Voluntary Emission Reduction – VERs certificate from a biogas project in Vietnam rural area.
With the aim to become 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 that, the company continuously does assessment on its carbon footprint and offsets unavoidable operational emissions to maintain its carbon-neutral status from 2008 to now.
The total 583.43tCO2 emission of the Group this year is offset by green energy produced from the Biogas Program for 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 the DCG’s corporate social responsible position but also encourages the development of small farm biogas generation in Vietnam, providing rural farmers with a sustainable gas supply from farm waste.”