ESG governance and digital transformation solutions for CO2 emission reduction in Vietnam's ocean shipping sector : a case study of international gas product shipping joint stock company | |
| Author | Nguyen Van Quang |
| Call Number | AIT Proj. no.PM-ESG-26-14 |
| Subject(s) | Social responsibility of business--Vietnam--Case studies Sustainable development--Vietnam--Case studies Merchant marine--Environmental aspects--Vietnam--Case studies |
| Note | A project report submitted in partial fulfillment of the requirements for the degree of Professional Master in ESG (Environment-Social-Governance) Management |
| Publisher | Asian Institute of Technology |
| Abstract | Ocean shipping plays a vital role in global and national trade, supporting economic development and international connectivity. In Vietnam, shipping companies are operating in an environment shaped by evolving international maritime regulations and growing expectations regarding efficiency, transparency, and sustainability. Within this context, ESG governance and digital transformation have become important strategic instruments for improving operational performance and supporting transitional decarbonization efforts. This study examines how ESG governance and digital transformation initiatives are implemented and integrated in practice, and how they jointly contribute to CO₂ emission reduction within Vietnam’s ocean shipping sector. Using International Gas Product Shipping Joint Stock Company (GSP) as a case study, the research adopts a qualitative approach combining document analysis and interviews with senior managers, technical personnel, and shipboard officers. The findings indicate that GSP has a defined ESG strategy implemented through an embedded governance approach. ESG objectives are integrated into safety management, technical management, and vessel operations, with a strong focus on fuel-efficiency improvement, maintenance optimization, and voyage execution supported by digital route optimization and weather-informed decision-making. Digital tools such as SMMS Enterprise, Netpas, Pose Star, and MarineTraffic enable this integration by enhancing operational efficiency, fuel-consumption control, and data transparency. While the emission-reduction contribution of individual tools cannot be quantitatively isolated, their combined application contributes to cumulative and indirect CO₂ emission reduction. The study concludes that embedding governance and digital transformation measures in ESG strategy provides a practical and effective transitional pathway for carbon emission reduction in Vietnam’s ocean shipping sector. |
| Year | 2026 |
| Type | Project |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Professional Master in Environment, Social & Government Managment (PMESG) |
| Chairperson(s) | Nguyen, Huong Thuy Phan |
| Examination Committee(s) | Krishna, P.V. Gopi;Shah, Faiz.H. |
 | |