MASAN GROUP
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
MASAN GROUP's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MASAN GROUP's reported carbon emissions
In 2023, Masan Group, headquartered in Vietnam (VN), reported total carbon emissions of approximately 171,704 kg CO2e for Scope 1 and 2 combined. This figure reflects the company's direct and indirect emissions from its operations. On a global scale, the company disclosed emissions of about 10,000,000 kg CO2e for Scope 1 and approximately 95,674,000 kg CO2e for Scope 2, resulting in a total of about 104,774,000 kg CO2e for both scopes. Masan Group has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which underscores the company's dedication to addressing climate change. The SBTi targets were established in December 2024, indicating a proactive approach to sustainability. In previous years, the company reported emissions of approximately 134,065,000 kg CO2e in 2022 and about 162,446,000 kg CO2e in 2021 on a global scale, highlighting a trend in emissions management. The emissions for Vietnam specifically were about 190,124 kg CO2e in 2022 and approximately 206,294 kg CO2e in 2021 for Scope 1 and 2 combined. Masan Group's ongoing efforts to reduce its carbon footprint reflect a broader commitment to sustainability within the chemicals sector, positioning the company as a responsible corporate citizen in the fight against climate change.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 6,036,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 156,411,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
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.
