VietJet Aviation Joint Stock Company Sustainability Profile
VietJet Aviation Joint Stock Company, commonly known as VietJet Air, is a prominent low-cost airline headquartered in Vietnam. Established in 2007, the airline has rapidly expanded its operations across major regions in Asia, offering affordable air travel to millions of passengers. VietJet Air is renowned for its innovative approach to the aviation industry, providing a range of services that include domestic and international flights, cargo transport, and ancillary services. The airline's unique selling proposition lies in its commitment to customer satisfaction and operational efficiency, which has earned it a significant market position in the competitive low-cost carrier sector. With numerous accolades and milestones, including being the first privately-owned airline in Vietnam, VietJet Air continues to redefine air travel in the region, making it a key player in the aviation landscape.
DitchCarbon Score
How does VietJet Aviation Joint Stock Company'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 Air Transport 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
VietJet Aviation Joint Stock Company's score of 1 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VietJet Aviation Joint Stock Company's reported carbon emissions
In 2024, VietJet Aviation Joint Stock Company reported carbon emissions of approximately 29.15 kg CO2e per passenger. This figure reflects a slight decrease from 30.33 kg CO2e per passenger in 2023, indicating a positive trend in their emissions performance. Over the past few years, the company has shown a consistent reduction in emissions per passenger, with values of 33.74 kg CO2e in 2022, 39.15 kg CO2e in 2021, and 49.46 kg CO2e in 2020. Despite these improvements, VietJet has not disclosed specific data regarding Scope 1, 2, or 3 emissions, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The absence of documented climate pledges or reduction initiatives suggests that while the company is making strides in reducing emissions per passenger, there is room for more structured climate commitments. VietJet's emissions data is not cascaded from any parent organization, indicating that their reported figures are independently sourced. The company continues to focus on enhancing its operational efficiency to further reduce its carbon footprint in the aviation sector.
How Carbon Intensive is VietJet Aviation Joint Stock Company's Industry?
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VietJet Aviation Joint Stock Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
VietJet Aviation Joint Stock Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
