Public Profile

Vingroup Joint Stock Company

Vingroup Joint Stock Company, commonly referred to as Vingroup, is a leading Vietnamese conglomerate headquartered in Hanoi, Vietnam. Founded in 1993, Vingroup has evolved into a diversified enterprise with significant operations across various sectors, including real estate, retail, healthcare, education, and technology. The company is renowned for its flagship projects, such as the Vinhomes residential developments and Vincom shopping centres, which have transformed urban landscapes in major cities. Vingroup's commitment to innovation is exemplified by its foray into the automotive industry with VinFast, aiming to position itself as a key player in electric vehicles. With a strong market presence and a reputation for quality, Vingroup continues to achieve notable milestones, solidifying its status as a pioneer in Vietnam's economic landscape.

DitchCarbon Score

How does Vingroup 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.

33

Industry Average

Mean score of companies in the Real Estate Services 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.

26

Industry Benchmark

Vingroup Joint Stock Company's score of 33 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Vingroup Joint Stock Company's reported carbon emissions

In 2023, Vingroup Joint Stock Company reported total carbon emissions of approximately 1,892,471,000 kg CO2e. This figure includes 67,112,000 kg CO2e from Scope 1 emissions, 852,120,000 kg CO2e from Scope 2 emissions, and 919,231,000 kg CO2e from Scope 3 emissions. In 2022, the company recorded total emissions of about 1,598,003,000 kg CO2e, with Scope 1 emissions at 837,270,000 kg CO2e, Scope 2 emissions at 760,733,000 kg CO2e, and Scope 3 emissions at 654,670,000 kg CO2e. The 2021 emissions data shows a total of approximately 84,000,000 kg CO2e, comprising 5,998,000 kg CO2e from Scope 1, 47,446,000 kg CO2e from Scope 2, and 73,601,000 kg CO2e from Scope 3 emissions. Despite these figures, Vingroup has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company continues to operate within the context of increasing global scrutiny on carbon emissions and sustainability practices.

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202120222023
Scope 1
5,998,000
000,000,000
00,000,000
Scope 2
47,446,000
000,000,000
000,000,000
Scope 3
73,601,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vingroup Joint Stock Company's primary industry is Real estate services (70), which is very low 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. Vingroup Joint Stock Company 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.

Vingroup Joint Stock Company 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
RE 100
Climate Action 100
Race To Net Zero

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