Vietjet Aviation Joint Stock Company

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:1,657,239 tonnes CO2 (international operations)

Reduced fuel consumption by 3,213,967 kg and saved $4,695,606 through Safran’s SFCO2 system.
Fleet primarily consists of A320neo and A321neo aircraft, saving 20% on fuel and reducing carbon emissions compared to previous generation aircraft.
Implemented online check-in for over 7 million passengers, significantly reducing paper waste.
Procured 20,000 sets of bamboo cutlery, reducing 600,000 grams of single-use plastic waste.

Reduced employee turnover rate to 8.82%.
Average employee income in 2023 was 553 million VND.
Conducted 97,453 training courses.
Organized charity kitchen initiative and donated to various causes (Vaccine Fund, medical equipment, disaster relief).

Established an internal team for annual emissions reporting to implement CORSIA.
Published the first ESG Report in Vietnam’s aviation industry following TCFD standards.
Achieved ISO 27001 international cybersecurity certification.

Long-term Goals:

Medium-term Goals:

Short-term Goals:

Global warming, climate change, and environmental pollution.
Potential risks impacting Vietjet’s business operations (terrorism, IT failure, reduced demand, reputation risk, flooding, economic downturn, aircraft/engine shortages, accidents, fuel price/availability, carbon tax, environmental health and safety, environmental compliance, extreme weather, supply chain issues, skills shortage).

Strengthened collaboration with internal departments and external partners on sustainable development.
Partnered with Safran on fuel management and conservation.
Implemented stringent controls and mitigation measures for identified risks.
Established a robust system for continuous monitoring and reporting on ESG risks.

Frameworks Used: TCFD

Certifications: IOSA (IATA Operational Safety Audit), ISO 27001

Third-party Assurance: VERIFAVIA