MASAN GROUP

Masan Group (headquartered in Vietnam and operating in Retail trade services) reported its Scope 1 and 2 emissions for 2024 as approximately 587,698,000 kg CO2e. This figure combines about 158,359,000 kg CO2e from Scope 1 emissions and approximately 429,339,000 kg CO2e from Scope 2 emissions. In 2023, the company's Scope 1 and 2 emissions were around 604,375,000 kg CO2e, comprising about 157,484,000 kg CO2e for Scope 1 and 446,892,000 kg CO2e for Scope 2. For 2022, the combined Scope 1 and 2 emissions were approximately 134,065,000 kg CO2e (around 5,913,000 kg CO2e Scope 1 and 128,152,000 kg CO2e Scope 2). In 2021, these figures were about 162,446,000 kg CO2e (around 6,036,000 kg CO2e Scope 1 and 156,411,000 kg CO2e Scope 2). The company currently does not disclose Scope 3 emissions.

Masan Group has set several Science Based Targets initiative (SBTi) commitments. The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. Near-term targets include a 67.0% absolute reduction in Scope 1 and 2 GHG emissions by FY2036, from a FY2024 base year. Additionally, Masan Group commits to a 67.0% absolute reduction in Scope 3 GHG emissions within the same timeframe. Long-term targets include a 95.0% absolute reduction in Scope 1 and 2 GHG emissions by FY2045 from a FY2024 base year, and a 95.0% absolute reduction in Scope 3 GHG emissions by FY2050 from a FY2024 base year.