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VinFast Auto Ltd

Common Name
VinFast Auto
Country
Singapore
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
17,800
Ticker
VFS
Exchange
NASDAQ/NGS
Description
VinFast Auto Ltd. is a prominent automotive manufacturer that plays a pivotal role in the global electric vehicle (EV) industry. Originating from Vietnam, the company focuses on the production and mar...

VinFast Auto's GHG Emissions Data Preview

In 2023, VinFast Auto completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, VinFast Auto has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind VinFast Auto’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore VinFast Auto’s data sources below and access millions more through our Disclosure Search.

a. VinFast Auto's Sustainability Report 2023
a. VinFast Auto's Sustainability Report 2023

Insights into VinFast Auto's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofVinFast Auto amounted to101,691metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of VinFast Autodecreased by 9.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

VinFast Auto's Scope 1 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-26%+9%+5%+22%
  • Total Scope 1
  • Year-over-Year Change

What are VinFast Auto's Scope 1 emissions?

In 2023, the total Scope 1 emissions of VinFast Auto were 7,747 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has VinFast Auto reduced its Scope 1 emissions over time?

Since 2019, VinFast Auto's Scope 1 emissions have increased by 2.8%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2022), VinFast Auto's Scope 1 emissions increased by 21.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are VinFast Auto's Scope 2 emissions?

In 2023, VinFast Auto reported Scope 2 greenhouse gas (GHG) emissions of 93,944 tCOâ‚‚e without specifying the calculation method.a

Has VinFast Auto reduced its Scope 2 emissions over time?

Since 2019, VinFast Auto's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 37.65%, reflecting a rising long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2022), VinFast Auto's Scope 2 emissions(Unspecified Calculation Method) fell by 11.06% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does VinFast Auto use for Scope 2 reporting?

In 2023, VinFast Auto reported its Scope 2 emissions using an unspecified methodology.a

VinFast Auto's Scope 2 Emissions Over Time

20192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into VinFast Auto’s GHG Emissions Intensity Compared to Industry Peers

In 2023, VinFast Auto reported Scope 1 greenhouse gas (GHG) emissions of 7,747 tCOâ‚‚e and total revenues of USD 0 millions. This translates into an emissions intensity of 174,836.38 tCOâ‚‚e per millions USD.a

VinFast Auto's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)0.1520010,000500,000Revenues (Millions of USD)BACZSLBBBeiqi Foton MotorYear: 2024Scope 1: 47,047 tCO2eRevenue: $M 6,536Scope 1 Intensity: 7.20 tCO2e/$MFord Otomotiv SanayiYear: 2024Scope 1: 129,507 tCO2eRevenue: $M 16,824Scope 1 Intensity: 7.70 tCO2e/$MAAAima Technology GroupYear: 2024Scope 1: 11,421 tCO2eRevenue: $M 2,961Scope 1 Intensity: 3.86 tCO2e/$MCCChina MotorYear: 2023Scope 1: 8,553 tCO2eRevenue: $M 1,255Scope 1 Intensity: 6.81 tCO2e/$MOtokarYear: 2024Scope 1: 14,781 tCO2eRevenue: $M 958Scope 1 Intensity: 15.43 tCO2e/$MZZZEEKR Intelligent Technology HoldingYear: 2024Scope 1: 24,843 tCO2eRevenue: $M 1,460Scope 1 Intensity: 17.01 tCO2e/$MPIERER MobilityYear: 2024Scope 1: 13,173 tCO2eRevenue: $M 1,833Scope 1 Intensity: 7.19 tCO2e/$MTomra SystemsYear: 2024Scope 1: 24,806 tCO2eRevenue: $M 16,700Scope 1 Intensity: 1.49 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MSSSuzuki MotorYear: 2024Scope 1: 410,000 tCO2eRevenue: $M 35,377Scope 1 Intensity: 11.59 tCO2e/$MSAIC MotorYear: 2024Scope 1: 610,000 tCO2eRevenue: $M 85,993Scope 1 Intensity: 7.09 tCO2e/$MTeslaYear: 2024Scope 1: 302,000 tCO2eRevenue: $M 97,690Scope 1 Intensity: 3.09 tCO2e/$MLLLotus TechnologyYear: 2024Scope 1: 634 tCO2eRevenue: $M 924Scope 1 Intensity: 0.69 tCO2e/$MTofas Turk Otomobil FabrikasiYear: 2024Scope 1: 21,385 tCO2eRevenue: $M 3,651Scope 1 Intensity: 5.86 tCO2e/$MGreat Wall MotorYear: 2024Scope 1: 152,034 tCO2eRevenue: $M 27,352Scope 1 Intensity: 5.56 tCO2e/$MChongqing Changan AutomobileYear: 2024Scope 1: 151,868 tCO2eRevenue: $M 21,887Scope 1 Intensity: 6.94 tCO2e/$MGuangzhou Automobile GroupYear: 2024Scope 1: 159,201 tCO2eRevenue: $M 14,769Scope 1 Intensity: 10.78 tCO2e/$MSeres GroupYear: 2024Scope 1: 88,690 tCO2eRevenue: $M 19,892Scope 1 Intensity: 4.46 tCO2e/$MYulon MotorYear: 2024Scope 1: 33,364 tCO2eRevenue: $M 2,618Scope 1 Intensity: 12.74 tCO2e/$MHero MotoCorpYear: 2025Scope 1: 19,938 tCO2eRevenue: $M 4,765Scope 1 Intensity: 4.18 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MMaruti Suzuki IndiaYear: 2025Scope 1: 225,537 tCO2eRevenue: $M 16,984Scope 1 Intensity: 13.28 tCO2e/$MYamaha MotorYear: 2024Scope 1: 133,689 tCO2eRevenue: $M 16,409Scope 1 Intensity: 8.15 tCO2e/$MRenaultYear: 2024Scope 1: 406,440 tCO2eRevenue: $M 58,516Scope 1 Intensity: 6.95 tCO2e/$MLi AutoYear: 2024Scope 1: 64,500 tCO2eRevenue: $M 21,548Scope 1 Intensity: 2.99 tCO2e/$MVinFast AutoYear: 2023Scope 1: 7,747 tCO2eRevenue: $M 0Scope 1 Intensity: 174,836.38 tCO2e/$M

How does VinFast Auto's GHG emissions intensity compare to its peers?

In 2023, VinFast Auto reported a Scope 1 emissions intensity of 174,836.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.94, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does VinFast Auto rank on GHG emissions intensity within its industry?

In 2023, VinFast Auto ranked 26 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places VinFast Auto among the least efficient performers, with one of the highest emissions intensities in its sector.a

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