Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


If emissions exceed EU standards, they will have to purchase 'emissions certificates' at current carbon prices in the EU

Export enterprises face the pressure of 'carbon tax'

Click on the flag for more information about Viet Nam VIET NAM
Monday, January 23, 2023, 01:00 (GMT + 9)

Recently, the member states of the European Union (EU) announced that they will implement the Carbon Border Adjustment Mechanism (CBAM). Accordingly, there will be a carbon tax on all goods exported to this market based on the intensity of greenhouse gas emissions in the production process in the host country.

The EU says CBAM will initially apply to imports with a high risk of contamination such as steel, cement, fertilizer, aluminum, electricity and hydrogen. These are sectors that account for 94% of EU industrial emissions. Importers will have to report emissions contained in imported goods, if these emissions exceed EU standards, they will have to purchase "emissions certificates" at current carbon prices in the EU. It is expected that 27 EU member states will start piloting CBAM from October 2023.

Photo: VnEconomy

Optimal choice for business 

The above policy will greatly influence the decisions of buyers, especially big brands and international business chains, when they are restructuring the global supply chain to ensure sustainability goals. Strict. However, countries that export goods to the EU that have strong policies aimed at reducing carbon emissions will be exempted from the carbon border tax. Therefore, in order for shipments not to be "taxed", greening the production process is the optimal choice for businesses.

Sharing about the benefits of green production, Ms. Nguyen Thi Lien, Deputy General Director of Phong Phu Joint Stock Company, said that the textile and garment industry belongs to the group of products that must comply with current greening standards with 75 - 96 evaluation criteria. More than 10 years ago, a series of processes were changed by businesses, from strictly managing consumption of electricity, water, emissions, and wastewater, to developing plans to reduce energy and chemical consumption each month. to gradually replace old equipment, creating a better working environment for employees. This not only helps businesses meet standards and improve their reputation with partners, but the product also increases competitiveness and has more orders, especially for high-end brands.

<-- Photo: VnEconomy

Operating in the building materials industry, Ngai Cau Construction and Trading Investment Joint Stock Company said it had invested 11 billion VND to install a solar panel system and get that energy for daily operations. "The installation of solar panels helps us to use clean energy, along with helping to lower the plant's temperature by about 3 degrees compared to the outdoors," said Mr. Chu Hoang Tung, Chairman of Ngai Company's Board of Directors. Bridge, said. The immediate benefit is that 800 tons of emissions are reduced to the environment each year and workers feel more comfortable at work because the factory becomes cooler.

Regarding the seafood industry, Mr. Ho Quoc Luc, Director of Sao Ta Food Joint Stock Company, said that in the past time, the movement to make roof voltages (solar panels) is quite popular in seafood processing and exporting enterprises. With the criteria of recycling and circulation, businesses are also doing quite well, typically fish and shrimp by-products become raw materials to continue to produce useful products, not letting by-products cause harm to the environment. market but also create value to improve operational efficiency. Enterprises supplying seed, feed, farming products, and farming establishments must have specific criteria for implementation and consistency throughout the chain.

Solar panels have been installed at the IDI . Seafood Frozen Factory

In the race of green production, FDI enterprises such as Heineken Vietnam must also be mentioned with all 6 factories that have brewed beer with 100% renewable energy; Unilever Vietnam achieves 48% renewable energy usage, 100% of factory emissions are carbon positive. The electronics industry led by Intel, Microsoft, Foxconn, Samsung, Sanyo, Sony, Fujitsu, Toshiba, Panasonic... are also making efforts to reduce carbon emissions.

The "handshake" (name of the product) turns waste into raw materials to earn billions every year | Dai Phat Company cooperates with the Institute of Biotechnology and Food Industry, Hanoi University of Science and Technology to implement a pilot production project of a number of food products and animal feeds from shrimp by-products.

Born late, but the fastest "greening" is the electric vehicle sector, which also requires the supporting industry to meet environmental standards, using renewable energy in the production of spare parts.. It can be said that in the context of fierce competition for orders, businesses that meet green and sustainable production standards will have an outstanding advantage to become partners and suppliers in important markets.

Source: Bao Ngoc / VASEP (According to VnEconomy ) | Translated from original in vietnamese

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Jan 30, 08:00 (GMT + 9):
A new way of measuring fish welfare in wild-capture fisheries
South Korea
Jan 30, 06:00 (GMT + 9):
South Korean seaweed report: 70% global market share, exported to 114 countries … Overwhelming Japan and China
Japan
Jan 30, 05:00 (GMT + 9):
'Sea grapes' farming using hot spring heat aiming to make it a special product from cold regions in Ishikawa
Portugal
Jan 30, 05:00 (GMT + 9):
Replacing single-use plastic film with algae-based biodegradable edible film
Norway
Jan 30, 04:10 (GMT + 9):
Fresh report on copper from aquaculture facilities
Spain
Jan 30, 03:00 (GMT + 9):
Skretting : 'A leap forward for farmed Atlantic bluefin tuna'
Sri Lanka
Jan 30, 01:10 (GMT + 9):
IN BRIEF - Korean envoy meets Fisheries Minister to boost shrimp farming
Spain
Jan 30, 01:00 (GMT + 9):
The Galician Canning Strategic Plan 2022-2030 is committed to promoting internationalization and innovation in the sector
Uruguay
Jan 30, 01:00 (GMT + 9):
IN BRIEF - The first Uruguayan fishing trawler that incorporates women in the crew has set sail
China
Jan 30, 00:50 (GMT + 9):
Statistics │ Import │Salmon │ USA, Russia and Chile │ 2021-22
United States
Jan 30, 00:40 (GMT + 9):
Statistics │ Export │ Frozen salmon: Chum, Pink │ MNSF │ 2021-22
Japan
Jan 30, 00:30 (GMT + 9):
Catch │ Chum salmon │ Aomori │ until 10/Jan/2023
Japan
Jan 30, 00:30 (GMT + 9):
Catch │ Chum salmon │ Iwate │ until 01-Jan-2023
Japan
Jan 30, 00:30 (GMT + 9):
Capture and Migration │Hokkaido-Honshu │ Chum salmon (Oncorhynchus keta) │ 2011-22
Japan
Jan 30, 00:30 (GMT + 9):
Capture and Migration │Chum salmon (Oncorhynchus keta) │31-Dec-2022



Lenguaje
FEATURED EVENTS
  
TOP STORIES
'This Olympic race on shrimp is not good for anyone'
Argentina Eduardo Boiero is the president of CAPeCA, the chamber that brings together most of the historical pole boats that developed the fishery. In this interview he talks about the shrimp quota, not only as...
Russian fishermen go with an excess of last year's catch by 15%: almost 280 thousand tons were caught
Russia Fed. According to the industry monitoring system, by January 24, 2023, Russian fishermen caught 279.3 thousand tons of fish, which is 15% more than in 2022. In the Far Eastern fishery basin, the catch amo...
Commercial fishing through auctions
Ukraine The beginning of 2023 was marked for the fishing industry by significant changes in the processing of permits for commercial fishing. "One of the main goals of the implementation of the experi...
Cocaine in a tuna can container headed for the UK
Ecuador Ecuadorian authorities managed to seize 924 packages of cocaine destined for Great Britain. The drug was hidden in a container that intended to leave from one of the Guayaquil seaports. In addition to...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2023 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER