SUSTAINABILITY ENVIRONMENT

Serving consumers with a purpose by Masan's green practices

At Masan, we care about our environmental footprint. We aim to ensure green practices across our all of our operations which we believe can be achieved without sacrificing business performance.

Thorough waste treatment and sustainable resource usage are critical components of our decision-making process across all of our businesses, from the manufacturing of consumer products to processing minerals. Whenever a new project is under development, we take into account any potential adverse impact to the environment to develop mitigation and compliance plans before groundbreaking.

Our Legal and Compliance department, together with our Safety, Health, and Environment department are responsible for nation-wide compliance and monitoring of environmental laws and regulations. In addition, the technical department of each of our operating subsidiaries carries out sample testing of waste discharge on a periodic basis to monitor compliance with relevant environmental laws and regulations.

We believe we are the national leaders within our industries with regards to environmental practices.


Raising awareness

Our commitment to preserve the environment starts locally and emphasizes going green at the workplace first. We have planted trees around our factories and neighboring areas to keep the area green and provide fresh air

At the high-tech pig farm in Nghe An, Masan has applied coordinated solutions to minimize the impacts on the surrounding environment such as cleaning barns, spraying airborne sanitizer, installing a misting system, using bio-products to inhibit odor generation, planting trees inside and around the farm, etc.

In 2020, Masan High-Tech Materials renovated a 7-hectare area in dump slopes, buffer zones and other modified areas using a variety of trees and materials to increase the efficiency of environmental rehabilitation and restoration works. By the end of 2020, Masan High-Tech Materials had renovated a total of 63.85 hectares, significantly contributing to environmental protection in the course of our business operations. In addition, our factories in Binh Duong, Hau Giang, Long An, Nghe An, etc., to name but a few, all comply with the norm of dedicating 20% of the total area of the facilities for trees to ensure a green and environment friendly workplace.

Masan High-Tech Materials also promoted communication activities on environmental protection for students living in the project area, including communication on the fight against plastic waste and biodiversity protection for over 1,000 students of Ha Thuong, Tan Linh, Phuc Linh middle schools; awareness raising communication on environmental protection for more than 500 pupils of Dong Doan Khue primary school, Hung Son town. The communication programs embedded in quizzes and crosswords about the environment, among others, saw active student participation, contributing to improved awareness and habits for environmental protection right from the primary school level.

Water

This is in-line with our commitments, guided by the World Bank standards, to reduce reliance on extracted water, increase water reuse and continuously improve our waste-water management capabilities.

Clean and renewable energy

Vietnam is a coastal country and we are acutely aware of the importance of minimizing our carbon footprint to combat climate change. As such, energy saving or resource optimization should be a priority for any business of scale that wishes to grow sustainably.

At MasanConsumerHoldings, we use biogas created from husk and sawdust to supplement our energy needs at all of our facilities. In 2020, we used more than 1.2 million kW of electricity and 1.1 million tons of steam, including steam from biomass (sawdust, rice husk, etc.).

At Masan MEATLife, we improved our boiler and grinder’s efficiency, and switched to using LED lamps to save energy. Masan’s high-tech pig farm in Nghe An is considered to be Vietnam’s most environmentally advanced, able to produce biogas from its operations and generate enough electricity to be self-sufficient.

As the world's leading producer in the field of tungsten recycling, the tungsten recycling rate in H.C.Starck plants (under Masan High-Tech Materials) in Germany, Canada and China are all at high levels. The recycling rate in the tungsten industry is estimated at 25-30% and it varies greatly across factories around the globe, ranging from 15 to 50%. As a result, the recycling rate in raw material procurement has steadily increased and exceeded 75% in 2020. The waste recycling rate of HCS in 2020 mounted up to 90%. At MHT’s operations in Vietnam, in 2020, over 1,400 tons of scrap have been collected and recycled.

As of 31 December 2020, VinEco completed the construction of a waste treatment facility which turns agricultural waste and by-products into compost fertilizer for 11 out of its 14 farms. At the end of December 2020, the total amount of self-composted micro-organic fertilizer at VinEco farms was more than 4,852 tons, meeting up to 65% of VinEco’s needs.

VinEco has applied advanced technologies to minimize petroleum fuel consumption, reduce emissions, and use electric vehicles to transport harvest in greenhouses and membrane house in Quang Ninh, Ha Nam and other facilities with suitable terrain. High-tech irrigation systems are used, with inverters for the water supply and drainage pumps to save energy. In total, 251,427 liters of fuel were consumed in 2020, down by 6.55% compared to 2019 (269,585 liters)..