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 33 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MINH PHU GROUP's reported carbon emissions
In 2024, Minh Phu Group reported total carbon emissions of approximately 74,753 kg CO2e, with Scope 1 emissions accounting for about 519 kg CO2e and Scope 2 emissions contributing approximately 66,911 kg CO2e. This data reflects a commitment to transparency in their emissions reporting, although no Scope 3 emissions data was disclosed. Looking back at previous years, the group's emissions have shown significant figures: in 2023, total emissions were about 104,774,000 kg CO2e, with Scope 1 emissions at approximately 9,100,000 kg CO2e and Scope 2 emissions at around 95,674,000 kg CO2e. In 2022, total emissions were about 134,065,000 kg CO2e, with Scope 1 at approximately 5,913,000 kg CO2e and Scope 2 at about 128,152,000 kg CO2e. The trend indicates a substantial carbon footprint, particularly in Scope 2 emissions, which are primarily linked to electricity consumption. Despite the high emissions figures, Minh Phu Group has not set specific reduction targets or initiatives as part of their climate commitments, nor have they cascaded any targets from parent organisations. Their current focus appears to be on improving emissions reporting rather than implementing formal reduction strategies. Overall, Minh Phu Group's emissions data highlights the need for enhanced climate action and commitment to sustainability within the seafood industry in Vietnam.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 6,036,000 | 0,000,000 | 0,000,000 | 000.00 |
| Scope 2 | 156,411,000 | 000,000,000 | 00,000,000 | 00,000.00 |
| 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 participating in any 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.
