MASAN GROUP
Masan Group Corporation, commonly referred to as Masan Group, is a leading Vietnamese conglomerate headquartered in Ho Chi Minh City, Vietnam. Founded in 1996, the company has established a strong presence across various sectors, including food and beverage, consumer goods, and financial services. Masan Group is renowned for its innovative products, particularly in the food industry, with popular brands such as Masan Consumer and Masan MeatLife. The company’s commitment to quality and sustainability sets it apart in a competitive market. With significant achievements, including strategic partnerships and expansions into international markets, Masan Group has solidified its position as a key player in Vietnam's economic landscape, continually driving growth and innovation in the region.
DitchCarbon Score
How does MASAN GROUP'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 Retail Trade 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
MASAN GROUP's score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MASAN GROUP's reported carbon emissions
In 2023, MASAN GROUP reported total carbon emissions of approximately 104,774,000 kg CO2e, comprising 9,100,000 kg CO2e from Scope 1 and 95,674,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, when total emissions were about 134,065,000 kg CO2e, with Scope 1 at 5,913,000 kg CO2e and Scope 2 at 128,152,000 kg CO2e. In 2021, the group emitted approximately 162,446,000 kg CO2e, indicating a trend of fluctuating emissions over the past three years. MASAN GROUP has committed to long-term carbon reduction initiatives targeting both Scope 1 and Scope 2 emissions, with a net-zero goal set for 2050. The company is exploring innovative technologies to enhance energy efficiency in its production processes, which is expected to contribute to its emissions reduction efforts. Additionally, MASAN GROUP has aligned its climate commitments with the Science Based Targets initiative (SBTi), committing to net-zero emissions across all scopes by 2050. Overall, MASAN GROUP's climate strategy reflects a proactive approach to managing carbon emissions, with a focus on technological innovation and long-term sustainability goals.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 6,036,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 156,411,000 | 000,000,000 | 00,000,000 |
| 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.
MASAN GROUP is participating in some 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.
