Masan Consumer honored by S&P Global as sustainable FMCG company

The company ranked first among Vietnamese firms in ESG scores and outperformed over 85% of global FMCG companies in its sector, according to the published S&P Global ranking.

Specifically, Masan Consumer achieved 51/100 in the Governance & Economic dimension, compared with an industry average of 34 points, outperforming 88% of FMCG companies evaluated. In the Environment and Social pillars, it scored 47/100, exceeding 80% and 85% of global peers in the sector, respectively.

Working space at Masan Consumer. Photo courtesy of Masan Consumer

S&P Global's ESG scoring ranges from 0 to 100, based on an average of about 130 questions and up to 1,000 data points. Scores consider criteria such as data quality, relevance, and a company's effectiveness in addressing sustainability issues across environmental, social, and corporate governance dimensions.

Masan Consumer stated that its high scores across all three pillars reflect a sustainable multi-domain development model, balancing business performance with transparent governance, environmental protection, and social responsibility.

In 2024, the company implemented numerous emission reduction initiatives. 65% of its energy consumption was converted to renewable sources, and direct (scope 1) and indirect (scope 2) greenhouse gas emissions were reduced by 18% compared to 2023. Solar power was deployed at factories, diesel forklifts were replaced with electric models, and over 80% of waste was processed or recycled, demonstrating the company's commitment to long-term carbon neutrality.

Children pose for photo at Masan Consumer's "One million meals with meat" program. Photo courtesy of Masan Consumer

Alongside emission reduction, Masan Consumer innovated packaging to support a circular economy, prioritizing environmentally friendly materials and minimizing plastic waste. Between 2023 and 2024, the company reduced plastic weight per bottle, expanded the use of recycled PET (rPET), and eliminated polyethylene (PE) film from savory product lines. These actions cut 21,853 kg of plastic, saved approximately VND659 million (US$25,020), and reduced 129.15 tons of CO2 emissions annually.

All 13 factories hold international certifications for safety, environment, and energy, including FSSC 22000, ISO 14001, ISO 50001, ISO 45001, and ISO 14064.

Masan Consumer also places the human factor at the center. The company has been named a "Great Place to Work" for three consecutive years (2023–2025), with 87% of employees giving positive evaluations. Women hold 43% of mid- and senior-management roles, highlighting the company's commitment to gender equality and diverse talent development.

Sustainability extends to community programs as well. In 2024, Masan Consumer allocated more than VND25 billion ($949,145) to social initiatives in education, healthcare, and nutrition, improving living conditions in many localities.

A customer considering Masan's products. Photo courtesy of Masan Consumer

A company representative said, "From product innovation to supply chain optimization to community engagement, Masan Consumer demonstrates the role of a Vietnamese enterprise on the international stage. Recognition by S&P Global strengthens our brand image, builds investor confidence, and attracts long-term capital."

The S&P Global Corporate Sustainability Assessment (CSA) is a leading global evaluation system that helps companies align sustainable development with business strategy. Each year, the CSA evaluates over 12,000 global companies based on industry-specific economic, environmental, and social criteria.

Results from the assessment help companies determine their position in sustainable development and provide essential data for investors and global financial funds focused on businesses with long-term sustainability strategies. The CSA also underpins indices such as the Dow Jones Sustainability Indices (DJSI) and S&P Scored & Screened Indices, reflecting international sustainability capacity.