TH true MILK champions green production to support net zero goal

By Thang Nguyen
Tue, February 13, 2024 | 11:37 pm GMT+7

“To Net Zero” is the goal for TH true MILK’s enclosed dairy chain. From farm to table is how TH Corp. supports and embraces the Vietnamese government’s spirit of “commitment with action”, specifically in climate change response and sustainable development.

TH true MILK's dairy farm complex in Nghia Dan district, Nghe An province, central Vietnam. Photo courtesy of the company.

TH true MILK's dairy farm complex in Nghia Dan district, Nghe An province, central Vietnam. Photo courtesy of the company.

Emissions cut via innovation Net Zero by 2050 was the Vietnamese government’s commitment at the 2021 United Nations Climate Change Conference, or COP26. It was re-emphasized at the recent COP27. It is a target that promotes Vietnam’s process toward a sustainable and eco-friendly economy.

“From day one, TH has prioritized our appreciation for Mother Nature as the moral compass for our business. TH has been running environmental protection initiatives with remarkable results, notably in sewage and waste treatment, renewable energy development, and biodiversity protection, while raising public awareness of a “green” lifestyle and consumption.

In line with the government’s Net Zero goal, TH Corp. continues to execute its sustainable developmentstrategy with six fundamentals, namely: health and nutrition, environment, education, human, community, and animal welfare, said Aghydal Mandal, CEO of TH Corp.

The TH Corp. strategy to cut greenhouse gas emissions includes utilizing ideas and creativity in going green, using eco-friendly, state-of-the-art technology at every TH plant, and renewable energy.

TH has set a target of reducing direct greenhouse gas emissions from its farms and factories by an average of 15% per year. At the same time, the total level of direct and indirect greenhouse gas emissions per product unit at factories and farms will also be cut by an average of 15% per year.

In 2022, as a result of determined and synchronized solutions, TH farms had a 20% drop in emissions per product unit, better than expected. In 2019 and 2020, TH Milk JSC reported an average 0.168 kg of CO2/liter of milk. In 2022, it hit an all-time low of 0.103 kg CO2 per product unit, remarkably lower than other dairy plants in Vietnam and Southeast Asia.

Also in 2022, TH Corp. reduced its gasoline consumption by converting from fossil fuels to biofuel (incinerating leftover splinters from the woodwork industry). Thanks to this, all TH plants witnessed an overall 85% decrease in emissions compared to 2021.

TH farms and factories have converted from traditional light bulbs to LEDs, which has helped to save five million kilowatt-hours of electricity, or 4,000 tons of CO2. This innovation received a consolation prize for energy saving, and the Ministry of Science and Technology’s “Great energy management” prize.

Going green

As a corporation advancing in sustainable development with the goal of zero emissions, TH Corp. is pursuing a green and circular economy model to secure sustainable growth.

Starting with its first fresh milk project, TH has invested in state-of-the-art technology. Since then, TH has used eco-friendly raw materials, and green and renewable energy.

In tandem with businesses looking for renewable energy solutions for progress and utilizing sunny conditions in the north central region, TH carried out a rooftop solar project in June 2020. The project aimed to promote the National Program for efficient power usage from 2019 to 2030. At the end of September 2020, the installation was finished and it was hooked up to the national power grid.

TH is installling more rooftop solar systems at its dairy farms in Nghe An, Thanh Hoa, and Da Lat. The government and the Northern Power Corporation have encouraged this solution to relieve energy shortages in northern Vietnam.

Aghydal Mandal said TH has six solar-powered farms with output providing one-eighth of the corporation’s energy needs (1/5 in the summer.) The solar systems have helped TH save 29,000 kilowatt-hours monthly, with a significant decrease in emissions.

In 2022, TH farms provided 7 million kilowatt-hours to the national grid (almost 10% of the total consumption at TH farms), meaning a cut of 4,500 tons of CO2 annually. Amid current electricity shortages, investing in renewable energy helps to ease the situation, reduce emissions, and reinforce national energy security.

TH Corp. has also developed a biomass electricity project at the NASU Nghe An Sugar Plant, with an estimated output of 30 megawatts in the 2023-2026 period, and it is installing more rooftopsolar systems at its Nghe An woodworking plant and food factories.

TH also applies many ways to optimize electricity, water, and gas consumption to cut costs and reduce emissions. For example, TH has implemented a project to re-use water fromkey equipment. The amount of water recovered accounts for 50-60% of the total amount of steam supplied for production, thus saving FO oil used by the plant. This has cut the amount of electricity, oi land water used significantly compared to 2021.

Toward 2026, projects include using biogas to treat livestock manure and produce energy to heat water at TH plants. Besides, for new equipment, TH will select modern and cutting-edge systems that consume less power and use eco-friendly materials.

Comments (0)
  • Read More
Vietnam consumer credit enters new growth cycle

Vietnam consumer credit enters new growth cycle

After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.

Finance - Sun, February 16, 2025 | 3:19 pm GMT+7

Vietnam property investors seek new opportunities in provincial markets

Vietnam property investors seek new opportunities in provincial markets

Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.

Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.

Travel - Sun, February 16, 2025 | 10:59 am GMT+7

Malaysia takes the lead in data center development

Malaysia takes the lead in data center development

Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).

Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7

WB sees Thai fiscal risks mounting due to spending surge

WB sees Thai fiscal risks mounting due to spending surge

Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.

Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7

Vietnam mining stocks rally amid global trade tension

Vietnam mining stocks rally amid global trade tension

Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.

Finance - Sun, February 16, 2025 | 10:36 am GMT+7

Online purchase below VND2 mln may be exempt from Vietnam import tax

Online purchase below VND2 mln may be exempt from Vietnam import tax

The Vietnamese Ministry of Finance has proposed exempting goods purchased through e-commerce platforms worth no more than VND2 million ($78) from import tariff, with an annual purchase limit of VND96 million ($3,781).

Finance - Sun, February 16, 2025 | 8:00 am GMT+7

Malaysia expected to remain magnet for FDI

Malaysia expected to remain magnet for FDI

Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.

Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

Laos to build $1.9 bln wind power plant to export electricity to Vietnam

The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.

Energy - Sat, February 15, 2025 | 8:46 pm GMT+7

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for semiconductor sector

Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.

Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7

Thailand considers easing rules on income from overseas

Thailand considers easing rules on income from overseas

Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.

Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7

Nissan to close factory in Thailand

Nissan to close factory in Thailand

Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.

Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank leads Vietnamese banks in 2024 pre-tax profit

Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).

Banking - Sat, February 15, 2025 | 4:04 pm GMT+7

Vietnam's leading trade firm Hapro appoints new general director

Vietnam's leading trade firm Hapro appoints new general director

Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.

Companies - Sat, February 15, 2025 | 2:18 pm GMT+7

Private Vietnamese lender DongA Bank renamed Vikki Bank

Private Vietnamese lender DongA Bank renamed Vikki Bank

DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).

Banking - Sat, February 15, 2025 | 10:59 am GMT+7

Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam

Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam

South Korean chaebol SK Group seeks to jointly build LNG-fired power plants in Vietnam and then develop facilities utilizing electricity generated by those power plants.

Energy - Sat, February 15, 2025 | 9:26 am GMT+7