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Real Estate Services
VN
updated 3 months ago

Vingroup Joint Stock Company Sustainability Profile

Company website

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.

36

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.

29

Industry Benchmark

Vingroup Joint Stock Company's score of 36 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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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 emissions at 65,753,000 kg CO2e and Scope 2 at 602,261,000 kg CO2e. In 2022, the company reported total emissions of approximately 1,598,003,000 kg CO2e, with Scope 1 at 837,270,000 kg CO2e and Scope 2 at 760,733,000 kg CO2e. Vingroup has set ambitious climate commitments, aiming for "zero greenhouse gas emissions" by 2050. This long-term target encompasses all scopes of emissions and reflects the company's dedication to sustainable development and innovative solutions that minimise environmental impacts while driving economic value. The commitment was initiated in 2023 and is part of Vingroup's broader strategy to transition towards green business practices. The emissions data is not cascaded from any parent organisation, and all figures are reported directly by Vingroup Joint Stock Company. The company has not disclosed any Scope 3 emissions data.

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Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
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 Vingroup Joint Stock Company's Industry?

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Vingroup Joint Stock Company's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Vingroup Joint Stock Company's Location?

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. This request for Vingroup Joint Stock Company is in VN, which we do not have grid emissions data for.

Vingroup 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.

Vingroup 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Vingroup Joint Stock Company's Emissions with Industry Peers

Mik Group Vietnam Joint Stock Company

VN
•
Real estate services (70)
Updated 16 days ago

Ayala Land

PH
•
Real estate services (70)
Updated 21 days ago

Central Retail

TH
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 21 days ago

Kia Motors

KR
•
Fabricated metal products, except machinery and equipment (28)
Updated 27 days ago

FPT Corporation

VN
•
Computer and related services (72)
Updated 7 days ago

AEON MALL

JP
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 19 days ago

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Where does DitchCarbon data come from?

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