Climate Change Data

Masan Resources Corporation

Climate Impact & Sustainability Data (2015)

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:109,618 tCO2e/year
Scope 1 Emissions:23,873 tCO2e/year
Scope 2 Emissions:85,774 tCO2e/year
Total Energy Consumption:151,572 MWh/year
Water Consumption:12,586 million litres/year
Waste Generated:997.5 tons/year

ESG Focus Areas

  • Environmental
  • Social
  • Governance
  • Economic

Environmental Achievements

  • Implemented a new water treatment system
  • Achieved government certification for the EIA of the APT plant
  • Completed benchmarking for energy use and developed an energy efficiency action plan
  • Reduced direct GHG emissions to 21,723 tonnes of CO2 from 31,436 tonnes in 2014

Social Achievements

  • Established a Future Leaders program for employee development
  • Achieved over 13 million man-hours Lost-Time-Injury (LTI) free
  • Employed 56% of workforce from the local Dai Tu district
  • Resettled more than 98% of people affected by land acquisition
  • Implemented community development programs with a focus on livelihood re-establishment and economic restoration

Governance Achievements

  • Successfully listed Masan Resources on the Hanoi Stock Exchange’s UPCoM platform
  • Hosted the 28th International Tungsten Industry Association (ITIA) annual meeting
  • Implemented a Code of Ethics and Business Conduct
  • Established a Sustainability Committee

Climate Goals & Targets

Environmental Challenges

  • Reconciling conflicting stakeholder concerns about business orientation and managing operational impact
  • Continued downturn in commodity prices
  • Community concerns about water discharge quality
Mitigation Strategies
  • Building constructive dialogue with stakeholders
  • Implementing cost-cutting measures and improving productivity
  • Constructing a wastewater treatment plant (WWTP) to meet legislative requirements

Supply Chain Management

Responsible Procurement
  • Prioritization of local suppliers
  • Implementation of labor standards and environmental checks on suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4 – Core option, GRI sector supplement for Mining and Minerals sector, ICMM Sustainable Development Framework, UNGC, World Bank’s guidelines on involuntary resettlement, IFC Performance Standards and Equator Principles

Awards & Recognition

  • Green Growth Award from the Ministry of Natural Resources and Environment (MoNRE)
  • Enterprise Certificate for Corporate Social Responsibility (CSR) from the Ministry of Planning and Investment (MPI)