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 35 is higher than 85% 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 104,774,000 kg CO2e, comprising about 9,100,000 kg CO2e from Scope 1 and about 95,674,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2021, when total emissions were about 162,446,000 kg CO2e, with Scope 1 emissions at approximately 6,036,000 kg CO2e and Scope 2 emissions at about 156,411,000 kg CO2e. The company has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi). MASAN GROUP's near-term targets are currently classified as "Committed," indicating a proactive approach to reducing its carbon footprint. Overall, MASAN GROUP's emissions data reflects a trend towards decreasing carbon emissions, demonstrating its commitment to sustainability and climate action within the chemical sector.
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 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 30,940,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
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 participating in some 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.