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.
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.
Industry Benchmark
Vingroup Joint Stock Company's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vingroup Joint Stock Company's reported carbon emissions
In 2023, Vingroup Joint Stock Company reported significant carbon emissions, totalling approximately 919,231,000 kg CO2e from Scope 3, 852,120,000 kg CO2e from Scope 2, and 67,112,000 kg CO2e from Scope 1. This data indicates a substantial reliance on indirect emissions, particularly from Scope 3, which encompasses the entire value chain. In 2022, the company's emissions were recorded at about 654,670,000 kg CO2e for Scope 3, 760,733,000 kg CO2e for Scope 2, and 837,270,000 kg CO2e for Scope 1, reflecting a notable increase in Scope 1 and 2 emissions in 2023. The total emissions from Scope 1 and 2 combined reached approximately 919,232,000 kg CO2e in 2023, highlighting the company's ongoing challenges in managing its carbon footprint. Despite these figures, Vingroup has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon emissions. The absence of defined climate pledges or science-based targets suggests that the company may need to enhance its commitment to sustainability and climate action in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2021 | 2022 | 2023 | |
|---|---|---|---|
| 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
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.
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.
