Masan Consumer Corporation

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023

In its 2023 reporting, Masan Consumer Corporation disclosed greenhouse gas emissions of 376.0K tCO2e/year (Scope 1 & 2). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
376.0K tCO2e/year (Scope 1 & 2)
2023
⚑
Renewable Energy
87%
of total energy
πŸ’§
Water Usage
123.8K megaliters/year
2023
♻️
Waste
155.3K tons/year
2023
βš™οΈ
Energy Use
1.6M GJ/year
2023

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • Introduce at minimum 5 products considered β€œGood for Health” by 2025
  • Develop responsible sourcing policies for all material ESG issues relevant to MSN supply chain and apply for 60% key suppliers by 2025
  • Annual water usage reduction of 5-10% per unit production due to water recycling by 2025
  • Increase 50% of waste recycled by 2025
  • Maintain employee satisfaction survey score of at least 70% yearly

πŸ“… Medium-term

  • 15% reduction for Scope 1 and 2 GHG Emissions by 2030

πŸ”­ Long-term

  • Net Zero emissions by 2050
  • Maintain 90% of customer satisfaction score through and beyond 2030

🌱 ESG Focus Areas

Climate changeEnvironmental stewardshipSupply chain managementFood health, nutrition, safety & product labellingCommunity developmentHuman capitalCustomer relationship managementBusiness ethics and corporate governance

⚠️ Challenges & Risks +

  • Reduced consumer spending due to economic downturn
  • Increased prices of materials and equipment due to global inflation
  • Supply chain disruptions
  • Intense competition in the FMCG market
  • Potential for product contamination

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021
Assurance: KPMG Limited