MASAN GROUP Sustainability Profile
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 57% 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 104,774,000 kg CO2e globally, comprising 9,100,000 kg CO2e from Scope 1 and 95,674,000 kg CO2e from Scope 2 emissions. In Vietnam, the company disclosed a combined total of about 171,704 kg CO2e for Scope 1 and 2 emissions. This reflects a significant increase from 2022, when global emissions were approximately 134,065,000 kg CO2e, with 5,913,000 kg CO2e from Scope 1 and 128,152,000 kg CO2e from Scope 2. MASAN GROUP has committed to achieving net-zero emissions across all scopes by 2050, with 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 action. The emissions data and reduction commitments are cascaded from Masan Group Corporation, ensuring alignment with corporate sustainability goals. Overall, MASAN GROUP's climate strategy reflects a commitment to transparency and accountability in addressing its carbon footprint, with ongoing efforts to reduce emissions in line with industry standards.
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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 | - | - | - |
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MASAN GROUP's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MASAN GROUP has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about MASAN GROUP's sustainability data and climate commitments