Public Profile

Petrovietnam Power

Petrovietnam Power Corporation, commonly known as PV Power, is a leading player in Vietnam's energy sector, headquartered in Hanoi. Established in 2007, the company has rapidly evolved, becoming a key contributor to the nation's power generation landscape, particularly in the southern regions of Vietnam. Specialising in electricity production, PV Power operates a diverse portfolio of thermal and renewable energy plants, setting itself apart with a commitment to sustainable practices and innovation. The company has achieved significant milestones, including the successful commissioning of several large-scale power projects, which have bolstered its market position. With a focus on reliability and efficiency, PV Power continues to enhance its capabilities, making it a vital component of Vietnam's energy infrastructure and a trusted partner in the country's economic development.

DitchCarbon Score

How does Petrovietnam Power'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.

4

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

16

Industry Benchmark

Petrovietnam Power's score of 4 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

Petrovietnam Power's reported carbon emissions

In 2022, Petrovietnam Power reported total carbon emissions of approximately 7,150,371,070 kg CO2e. This figure includes significant contributions from various scopes of emissions: Scope 1 emissions totalled about 18,050,000,000 kg CO2e, while Scope 2 emissions were approximately 920,000,000 kg CO2e. The most substantial portion came from Scope 3 emissions, which reached around 72,340,000,000 kg CO2e, with the use of sold products accounting for about 65,820,000,000 kg CO2e. Despite the high emissions figures, Petrovietnam Power has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a potential area for improvement in their climate commitments. As the energy sector faces increasing scrutiny regarding sustainability, Petrovietnam Power's future strategies will be crucial in addressing climate change and reducing their overall emissions.

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Add to project
2022
Scope 1
18,050,000,000
Scope 2
920,000,000
Scope 3
72,340,000,000

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Petrovietnam Power's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Petrovietnam Power is headquartered in VN, which we do not have grid emissions data for.

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.

Petrovietnam Power 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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