MINH PHU GROUP
Minh Phu Group, a leading player in the seafood industry, is headquartered in Vietnam and operates extensively across major regions in Southeast Asia. Founded in 1992, the company has established itself as a prominent exporter of high-quality shrimp and seafood products, catering to global markets. With a commitment to sustainability and innovation, Minh Phu Group offers a diverse range of products, including frozen shrimp, processed seafood, and value-added items. Their unique approach to aquaculture and strict quality control measures set them apart in a competitive landscape. Recognised for their excellence, Minh Phu Group has achieved significant milestones, including numerous certifications for quality and sustainability. As a market leader, they continue to drive advancements in the seafood sector, reinforcing their reputation as a trusted name in the industry.
DitchCarbon Score
How does MINH PHU 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 Fish Product Manufacturing 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
MINH PHU GROUP's score of 18 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MINH PHU GROUP's reported carbon emissions
In 2023, MINH PHU GROUP reported total carbon emissions of approximately 10,477,400 kg CO2e, comprising 9,100,000 kg CO2e from Scope 1 and 95,674,000 kg CO2e from Scope 2 emissions. This marked an increase in emissions compared to 2022, where total emissions were about 13,406,500 kg CO2e, with Scope 1 at 5,913,000 kg CO2e and Scope 2 at 128,152,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a GHG emission intensity of 94.5 kg CO2e per tonne of sales product in 2023, down from 127.9 kg CO2e per tonne in 2022. However, there are currently no specific reduction targets or climate pledges disclosed by MINH PHU GROUP, indicating a potential area for future commitment to climate action. Overall, while the company has made strides in improving its emission intensity, the lack of formal reduction targets suggests that further initiatives may be necessary to align with global climate goals.
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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.
MINH PHU GROUP 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.
