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.

35

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.

24

Industry Benchmark

Vingroup Joint Stock Company's score of 35 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Vingroup Joint Stock Company's reported carbon emissions

In 2023, Vingroup Joint Stock Company reported total carbon emissions of approximately 1,842,471,000 kg CO2e, comprising 67,112,000 kg CO2e from Scope 1, 852,120,000 kg CO2e from Scope 2, and 919,231,000 kg CO2e from Scope 3. This marked a significant increase in emissions compared to 2022, where total emissions were about 1,550,000,000 kg CO2e, with Scope 1 at 837,270,000 kg CO2e, Scope 2 at 760,733,000 kg CO2e, and Scope 3 at 65,467,000 kg CO2e. Vingroup has set a long-term commitment to achieve Net Zero emissions by 2050, focusing on innovative solutions that reduce environmental impacts while enhancing economic value. This commitment encompasses all scopes of emissions, reflecting the company's dedication to sustainable development and alignment with global green business practices. The company continues to disclose its emissions data across all relevant scopes, demonstrating transparency in its climate impact and ongoing efforts to mitigate carbon emissions.

Unlock detailed emissions data

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

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 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. This request for Vingroup Joint Stock Company is 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 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.

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

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