Hoa Phat Group
Hoa Phat Group, officially known as Hoa Phat Steel, is a leading industrial conglomerate headquartered in Vietnam. Established in 1992, the company has significantly expanded its operations across major regions, including the northern and southern parts of the country. Specialising in the steel industry, Hoa Phat Group is renowned for its production of high-quality steel products, including construction steel, steel pipes, and steel sheets. With a commitment to innovation and sustainability, Hoa Phat Group has achieved notable milestones, such as becoming one of the largest steel manufacturers in Vietnam. The company’s unique approach to production, which emphasises advanced technology and eco-friendly practices, sets it apart in a competitive market. Recognised for its market leadership, Hoa Phat Group continues to play a pivotal role in Vietnam's economic development and infrastructure growth.
DitchCarbon Score
How does Hoa Phat 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.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing 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.
Industry Benchmark
Hoa Phat Group's score of 17 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hoa Phat Group's reported carbon emissions
Hoa Phat Group, headquartered in Vietnam, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. In the context of the steel industry, companies are increasingly focusing on reducing their carbon footprint and committing to sustainability practices. While Hoa Phat Group has not disclosed specific commitments or targets, the industry trend suggests a growing emphasis on achieving net-zero emissions and enhancing energy efficiency. As the company moves forward, it may consider establishing measurable climate commitments to align with global standards and industry practices, which could include setting targets for Scope 1, 2, and 3 emissions reductions.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Hoa Phat Group is not participating in any of the initiatives that 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.
