ARES Vietnam is pleased to present the ISO 14064-1:2018 verification statement for the greenhouse gas inventory report of SUN RISE BICYCLE CO., LTD., following the completion of the verification programme for its 2015 emissions information.

This achievement recognises the company’s efforts to standardise its greenhouse gas inventory activities, improve data quality and progressively strengthen its greenhouse gas emissions management capabilities.

COMPANY INFORMATION

• Company name: SUN RISE BICYCLE CO., LTD.
• Address: Tan Dong Hiep Production Area, Di An Ward, Ho Chi Minh City, Vietnam
• Business activities: Manufacturing bicycle frames and components
• Applicable standard: ISO 14064-1:2018

In the manufacture of bicycle frames and components, operations involve the use of raw materials and energy across various processes, including mechanical machining, surface treatment and finishing. These activities may give rise to emission sources that need to be appropriately identified, quantified and monitored.

As expectations regarding environmental information transparency continue to increase, conducting a greenhouse gas inventory in accordance with an international standard enables organisations to define their emissions boundaries, manage data using a consistent methodology and establish a sound basis for developing appropriate improvement initiatives.

SUN RISE BICYCLE CO., LTD.

Production facility of SUN RISE BICYCLE CO., LTD. – Source: Collected materials

KEY BENEFITS OF ISO 14064-1:2018

1. Standardising Greenhouse Gas Inventory Activities

ISO 14064-1:2018 specifies principles and requirements for defining organisational and reporting boundaries, identifying greenhouse gas emission sources and removal activities, selecting quantification methodologies and preparing organisation-level greenhouse gas reports.

This consistent approach helps ensure that inventory information is developed in a complete, consistent, accurate and transparent manner.

2. Strengthening Data Control and Traceability

Applying the standard supports organisations in establishing processes for assigning responsibilities, collecting supporting evidence, controlling data quality, maintaining records and consolidating information for individual emission sources.

As a result, greenhouse gas information can be more readily traced, cross-checked and explained, supporting both internal management and relevant reporting requirements.

3. Enhancing Transparency for Stakeholders

Developing greenhouse gas data within an internationally recognised framework improves the clarity and consistency of the environmental information disclosed by an organisation.

This provides a basis for the company to respond proactively to requirements from customers, business partners and supply chain stakeholders concerning environmental performance, ESG, carbon footprints and emissions reduction responsibilities.

A FURTHER STEP IN THE GREEN TRANSITION JOURNEY

ARES Vietnam extends its sincere congratulations to SUN RISE BICYCLE CO., LTD. on successfully completing the verification of its greenhouse gas inventory report.

Building on this achievement, the company now has a stronger foundation for continuing to improve its inventory activities, enhancing the reliability of emissions data and identifying suitable emissions management opportunities in line with its development priorities for the years ahead.

ARES Vietnam believes that the company will continue to build upon the foundations it has established, proactively adapt to evolving market expectations and strengthen its ability to meet environmental criteria across international supply chains.