WORLD ENVIRONMENT DAY – GREENING THE FUTURE BY PLANTING FOREST WITH BLUESCOPE

On the occasion of the World Environment Day, on May 27, 2022, BlueScope together with leading partners in the industry (GREENVIET, RICONS, PHU MY STEEL – VNSTEEL, CSVC, INSEE, POSCO, BSI, SOL E&C, TUAN LE, VO DAC, PPG, etc…) implemented Green Carbon offset and joined hands in greening the vacant forest with 3000 trees planted in Can Gio mangrove forest – one of the most effective ecosystems in carbon storage cycle. This activity contributes to the goal of carbon neutrality that not only BlueScope but also many corporates in Vietnam are aiming to in the journey of sustainable development. After COP26 conference, reducing greenhouse gas emissions has been a goal pursued by many corporates in Vietnam. With BlueScope, the company has also made efforts in reducing 30% of greenhouse gas emissions in production from 2018 to 2030 and the longer term is the goal of carbon neutral by 2050. In order to achieve this goal, besides improving production, carbon offset is one of the important ways that corporates need to pay attention. Currently, carbon offset comes in two types: Blue Carbon & Green Carbon.