Masan Group Corporation, commonly referred to as Masan Group, is a leading Vietnamese conglomerate headquartered in Ho Chi Minh City, Vietnam. Founded in 1996, the company has established a strong presence across various sectors, including food and beverage, consumer goods, and financial services. Masan Group is renowned for its innovative products, particularly in the food industry, with popular brands such as Masan Consumer and Masan MeatLife. The company’s commitment to quality and sustainability sets it apart in a competitive market. With significant achievements, including strategic partnerships and expansions into international markets, Masan Group has solidified its position as a key player in Vietnam's economic landscape, continually driving growth and innovation in the region.
How does MASAN GROUP's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
MASAN GROUP's score of 25 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MASAN GROUP reported total carbon emissions of approximately 547,733,000 kg CO2e, comprising about 171,704,000 kg CO2e from Scope 1 and about 376,029,000 kg CO2e from Scope 2 emissions. This reflects a commitment to transparency in their emissions reporting, with data disclosed for both Scope 1 and Scope 2. Over the years, MASAN GROUP has demonstrated a significant reduction in emissions. For instance, in 2015, total emissions were about 109,618,000 kg CO2e, which indicates a reduction trend in subsequent years. The company has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment. This encompasses all scopes of emissions, highlighting their comprehensive approach to climate action. MASAN GROUP's ongoing efforts reflect a proactive stance in addressing climate change, aligning with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 64,362,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 30,940,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
MASAN GROUP is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.