Masan Group Corporation, commonly referred to as Masan Group, is a prominent player in the retail trade services sector, headquartered in Vietnam. Established in 1996, the company has evolved significantly, focusing on retail trade services, excluding motor vehicles and motorcycles, as well as repair services for personal and household goods.
With a strong presence across major operational regions in Vietnam, Masan Group offers a diverse range of products and services, including consumer goods, food products, and retail solutions. The company is recognised for its commitment to quality and innovation, setting it apart in a competitive market. Notable achievements include its rapid growth and strategic partnerships, solidifying its position as a leader in the Vietnamese retail landscape.
-10 vs industry average
MASAN GROUP’s score of 25 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
MASAN GROUP's reported carbon emissions
Masan Group, headquartered in Vietnam and operating in the retail trade services sector (excluding motor vehicles and motorcycles; repair services of personal and household goods), has demonstrated a commitment to climate action, including setting net-zero targets.
For the reporting year 2023, Masan Group reported total Scope 1 and Scope 2 emissions amounting to approximately 104.8 million kg CO2e. This figure breaks down into approximately 9.1 million kg CO2e for Scope 1 emissions and approximately 95.7 million kg CO2e for Scope 2 emissions.
In 2022, the company's Scope 1 and 2 emissions were approximately 134.1 million kg CO2e, comprising roughly 5.9 million kg CO2e from Scope 1 and approximately 128.2 million kg CO2e from Scope 2. The preceding year, 2021, saw Scope 1 and 2 emissions totalling approximately 162.4 million kg CO2e, with Scope 1 at about 6 million kg CO2e and Scope 2 at approximately 156.4 million kg CO2e.
Masan Group has committed to a long-term net-zero target by 2050, covering all scopes of emissions, as indicated by its Science Based Targets initiative (SBTi) alignment. While the provided data does not detail specific percentage reduction goals for Scope 3 emissions, the company acknowledges missing data points in this area, including purchased goods and services, and upstream transportation and distribution. The company's climate commitments are not cascaded from a parent organisation.
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MASAN GROUP’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for MASAN GROUP yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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MASAN GROUP
Frequently asked questions
Common questions about MASAN GROUP’s sustainability data and climate commitments
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