- 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
Masan Consumer Corporation
Greenhouse gas emissions & sustainability report data
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.
GHG Emissions
376.0K tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
87%
of total energy
Water Usage
123.8K megaliters/year
2023
Waste
155.3K tons/year
2023
Energy Use
1.6M GJ/year
2023
β Reported Environmental Achievements
- Reduced absolute GHG emissions by 4.83% against 2021
- 87% of energy consumed came from renewable sources (primarily biomass)
π― Climate & Sustainability Targets
π Short-term
- Introduce at minimum 5 products considered βGood for Healthβ 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
π Medium-term
- 15% reduction for Scope 1 and 2 GHG Emissions by 2030
π Long-term
- Net Zero emissions by 2050
- Maintain 90% of customer satisfaction score through and beyond 2030
π± ESG Focus Areas
Climate changeEnvironmental stewardshipSupply chain managementFood health, nutrition, safety & product labellingCommunity developmentHuman capitalCustomer relationship managementBusiness ethics and corporate governance