Masan High Tech Materials, headquartered in Vietnam, is a leading player in the advanced materials industry, specialising in tungsten and other high-tech materials. Founded in 2015, the company has rapidly established itself as a key supplier in both domestic and international markets, with significant operations across Asia and beyond. The firm’s core offerings include tungsten powder, tungsten carbide, and other innovative materials that cater to various sectors, including manufacturing and electronics. What sets Masan High Tech Materials apart is its commitment to sustainability and cutting-edge technology, ensuring high-quality products that meet stringent industry standards. With a strong market position, the company has achieved notable milestones, including strategic partnerships and expansions that enhance its competitive edge. Masan High Tech Materials continues to drive innovation, solidifying its reputation as a trusted leader in the high-tech materials sector.
How does Masan High Tech Materials'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.
Mean score of companies in the Precious Metal Production 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.
Masan High Tech Materials's score of 10 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Masan High Tech Materials reported total carbon emissions of approximately 206,294,000 kg CO2e, with Scope 1 emissions at about 36,282,000 kg CO2e and Scope 2 emissions at approximately 11,469,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Historically, emissions have fluctuated, with a peak in 2016 at about 128,500,000 kg CO2e. The company has shown a general trend of increasing emissions over the years, particularly in Scope 3, which reached approximately 178,696,000 kg CO2e in 2020. Masan High Tech Materials is committed to addressing its carbon footprint, although specific reduction strategies or targets have not been outlined. The absence of defined reduction initiatives highlights the need for further transparency and commitment to climate action within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 64,362,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 30,940,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 High Tech Materials is not committed to any reduction initiatives 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.