- Soft real estate market in 2023
- Global economic challenges including rising inflation and geopolitical conflicts
- Limited supply in the residential real estate market
- Competition in various business segments
Vingroup Joint Stock Company
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Vingroup Joint Stock Company disclosed greenhouse gas emissions of 919.2K tCO2e/year. 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
919.2K tCO2e/year
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 919.2K tCO2e/year |
| 2022 | 1.6M tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total greenhouse gas emissions by 42% compared to 2022 (919,231 tons of CO2e in 2023)
- VinFast recycled 32,422 tons of waste in 2023 (a 58% increase from 2022)
- Vincom Retail saved over VND 12 billion annually and reduced approximately 12,000 tons of CO2 emissions through solar panel installations in 54 malls
- Vinpearl implemented various initiatives to minimize environmental impact, including rainwater harvesting and sea salt for weed control
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve net-zero emissions by 2050
🔭 Long-term
- Achieve net-zero emissions by 2050
🌱 ESG Focus Areas
Sustainable DevelopmentGreen TransformationEnvironmental ProtectionSocial ResponsibilityGovernance