GREENHOUSE GAS EMISSIONS REDUCTION ROADMAP TOWARDS NET ZERO (SBTi & ISO 14068-1:2023)

Why do businesses need to develop a Net Zero roadmap?

Climate change is driving governments and businesses worldwide to accelerate the transition toward a low-carbon economy. Increasingly, regulations and requirements from markets, investors, and customers are demanding that businesses not only measure their greenhouse gas (GHG) emissions but also establish emissions reduction roadmaps aligned with Net Zero objectives.

Two widely adopted frameworks today are the Science Based Targets initiative (SBTi) and ISO 14068-1:2023 – Climate Change Management – Transition to Net Zero, which support organizations in developing scientifically grounded, transparent emissions reduction strategies that are aligned with international best practices.

What does a Net Zero emissions reduction roadmap include?

To achieve Net Zero, organizations need to develop a phased emissions reduction roadmap, including:

1. Greenhouse Gas Emissions Inventory

• Identify and quantify Scope 1, Scope 2, and Scope 3 emissions.
• Establish a baseline emissions inventory as the foundation for tracking emissions reduction progress.

2. Setting Emissions Reduction Targets

• Develop short-term and long-term emissions reduction targets based on SBTi methodologies and aligned with the reporting requirements of ISO 14068-1:2023.
• Define emissions reduction milestones consistent with the objective of limiting global warming to 1.5°C.

3. Implementing Emissions Reduction Measures

• Improve energy efficiency.
• Transition to renewable energy sources.
• Optimize production processes and supply chains.
• Adopt low-emission technologies and innovative solutions.

4. Monitoring, Reporting, and Continuous Improvement

• Monitor implementation performance and results.
• Report transparently in accordance with international standards.
• Review and update the roadmap to align with evolving business strategies.

Bureau Veritas' Experience in Supporting Organizations on Their Net Zero Journey

Bureau Veritas is a global partner supporting organizations in developing and implementing Net Zero roadmaps through the integration of the Science Based Targets initiative (SBTi) and ISO 14068-1:2023. This approach enables businesses to simultaneously meet international market expectations, comply with Vietnam’s greenhouse gas inventory regulations, and fulfill voluntary commitments related to emissions reduction and carbon neutrality.

In Vietnam and across Southeast Asia, Bureau Veritas has partnered with numerous organizations in the building materials, energy, electronics, healthcare, food, and manufacturing sectors through services including greenhouse gas inventories, emissions reduction roadmap development, independent verification, and Carbon Neutrality program implementation. Notable projects include Sonadezi Environment Joint Stock Company, Vicostone Joint Stock Company (Phenikaa Group), Vietnam Dairy Products Joint Stock Company (Vinamilk), Termo Vietnam Co., Ltd., and Siemens Company Limited – Binh Duong Branch.

Through training, consultancy, and independent verification programs, Bureau Veritas helps organizations build internal expertise, establish emissions management systems aligned with international standards, and implement Net Zero roadmaps in a transparent, effective, and sustainable manner.

How Bureau Veritas Can Support Your Organization

• Training: Net Zero, SBTi, ISO 14068-1:2023, GHG Inventory, Carbon Management
• Consultancy: Emissions inventory development, Net Zero roadmap development, SBTi-aligned emissions reduction target setting, Low-carbon transition strategies
• Independent Verification: Greenhouse gas inventories, Carbon Footprint assessments, Net Zero Claims, Emissions reports in accordance with international standards
• Digital Solutions: Support for implementing data management and emissions reporting platforms to enhance carbon management effectiveness.

Why Choose Bureau Veritas?

• A Europe-headquartered group and a pioneer in climate change, Net Zero, and sustainability solutions.
• Extensive global experience in greenhouse gas inventory, verification, and assurance services.
• A team of experts with in-depth knowledge of SBTi, ISO 14068-1:2023, ISO 14064, ISO 14067, GHG Protocol, and the latest international requirements.
• A global network of experts across more than 140 countries, supporting organizations throughout their entire global supply chain.
• Comprehensive solutions covering training, consultancy, verification, and digital transformation for emissions management and Net Zero roadmap implementation.