VinFast Manufacturing and Trading Company Limited Sustainability Profile
VinFast Manufacturing and Trading Company Limited, commonly known as VinFast, is a prominent player in the automotive industry, headquartered in Vietnam. Founded in 2017, the company has rapidly established itself as a leader in electric vehicle (EV) production, with significant operations across Asia and expanding into international markets. VinFast's core offerings include a range of electric cars and scooters, distinguished by their innovative design and advanced technology. The company aims to revolutionise the automotive landscape with sustainable mobility solutions, positioning itself as a key competitor in the global EV market. Notable achievements include the launch of its first electric vehicle models and participation in major international auto shows, showcasing its commitment to quality and innovation. With a focus on eco-friendly transportation, VinFast is poised to make a significant impact in the evolving automotive sector.
DitchCarbon Score
How does VinFast Manufacturing and Trading Company Limited'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 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
VinFast Manufacturing and Trading Company Limited's score of 22 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VinFast Manufacturing and Trading Company Limited, headquartered in Vietnam (VN), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Vingroup Joint Stock Company, which may influence its climate commitments and emissions reporting. As of now, VinFast has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company is in the early stages of developing its climate strategy. Emissions data and performance metrics may be cascaded from its parent company, Vingroup Joint Stock Company, which could provide insights into broader corporate sustainability efforts. However, without specific figures or targets from VinFast itself, it is challenging to assess its individual climate impact or commitments. In summary, while VinFast is part of a larger corporate family that may have sustainability initiatives, it currently lacks publicly available emissions data and defined climate commitments.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 938,570,000 | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 502,691,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is VinFast Manufacturing and Trading Company Limited's Industry?
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VinFast Manufacturing and Trading Company Limited'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.
VinFast Manufacturing and Trading Company Limited 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.
