Technology & Data

Bamboo Capital, ESGpedia Partner on ESG Reporting in Vietnam

Vietnam-based conglomerate Bamboo Capital Group and Asian ESG data and technology solutions company STACS will collaborate to use the latter’s ESGpedia platform to support Vietnamese businesses in sustainability and ESG reporting. Vietnam has an estimated 785,000 SMEs, with Bamboo noting that such companies are “increasingly expected to decarbonise in order to meet regulations and remain competitive”. Through the partnership, Bamboo will integrate with ESGpedia – which covers more than five million sustainability data points – to help companies, especially those new to ESG reporting and sustainability, easily calculate their Scope 1 and 2 carbon emissions. Companies can fill out a guided self-assessment and input electricity and water consumption details to “attain greater insights” into their carbon footprint figures, which are automatically calculated and localised to Vietnam. The tool also includes free access to the ESBN Asia-Pacific Green Deal digital assessment. Andy Tan, Group Strategy Director at Bamboo Capital, said: “We are delighted to be partnering with STACS’ ESGpedia to empower businesses in Vietnam towards corporate sustainability and ESG reporting. We hope that our partnership will allow companies to gain an understanding of their carbon footprint and current sustainability standing in a simple and guided manner, and ultimately lower the barrier of entry to kickstart and set the necessary foundation for businesses to embark on decarbonisation and corporate sustainability.” 

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