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 23 is higher than 94% 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 2023, MINH PHU GROUP reported total carbon emissions of approximately 104,774,000 kg CO2e, comprising 9,100,000 kg CO2e from Scope 1 and 95,674,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, when the total emissions were about 134,065,000 kg CO2e, with Scope 1 emissions at 5,913,000 kg CO2e and Scope 2 emissions at 128,152,000 kg CO2e. In 2021, the group's emissions were approximately 162,446,000 kg CO2e, indicating a downward trend in emissions over the previous years. Despite these figures, MINH PHU GROUP has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported GHG emission intensities of 94.5 kg CO2e per tonne for 2023, 127.9 kg CO2e per tonne for 2022, and 140.0 kg CO2e per tonne for 2021, reflecting their operational efficiency in relation to emissions. While the absence of defined reduction targets may suggest a need for enhanced climate commitments, MINH PHU GROUP continues to monitor and report its emissions, aligning with industry standards for transparency in climate action.
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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 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.
