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 58% 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 reported total carbon emissions of approximately 10,000,000 kg CO2e for Scope 1 and about 95,674,000 kg CO2e for Scope 2, resulting in a combined total of approximately 104,774,000 kg CO2e globally. In Vietnam, the company disclosed a total of approximately 171,704 kg CO2e for Scope 1 and 2 emissions. Comparatively, in 2022, Masan Group's global emissions were about 5,913,000 kg CO2e for Scope 1 and approximately 128,152,000 kg CO2e for Scope 2, leading to a total of around 134,065,000 kg CO2e. In Vietnam, the total for Scope 1 and 2 emissions was approximately 190,124 kg CO2e. Masan Group has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set through the Science Based Targets initiative (SBTi). The company is currently on track with its near-term targets, demonstrating a proactive approach to climate commitments. Overall, Masan Group's emissions data reflects a significant commitment to reducing its carbon footprint while adhering to industry standards for climate action.
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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.
