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 36 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vingroup Joint Stock Company's reported carbon emissions
In 2024, Vingroup Joint Stock Company reported total carbon emissions of approximately 787,615,000 kg CO2e, comprising 218,876,000 kg CO2e from Scope 1 and 568,739,000 kg CO2e from Scope 2. This marks a significant increase from 2023, where emissions totalled about 668,014,000 kg CO2e, with Scope 1 contributing 65,753,000 kg CO2e and Scope 2 accounting for 602,261,000 kg CO2e. In 2022, Vingroup's emissions were approximately 1,598,003,000 kg CO2e, with Scope 1 emissions at 837,270,000 kg CO2e and Scope 2 at 760,733,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Vingroup is committed to achieving "zero greenhouse gas emissions" by 2050, aligning with governmental goals. This long-term commitment, initiated in 2023, reflects the company's strategy to integrate sustainable practices into its operations. Vingroup is actively developing innovative solutions aimed at minimising environmental impacts while driving economic value, viewing the transition to Net Zero as an opportunity for sustainable development. Overall, Vingroup's emissions data and climate commitments illustrate a proactive approach to addressing climate change, with a clear target for significant reductions in the coming decades.
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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 | - | - | - | - |
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 participating in any of the initiatives that 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.
