Vestel Elektronik Sanayi Ve Ticaret
Vestel Elektronik Sanayi ve Ticaret, commonly known as Vestel, is a prominent player in the consumer electronics and home appliances industry, headquartered in Turkey (TR). Founded in 1984, the company has established itself as a leader in the production of televisions, white goods, and various electronic devices, catering to both domestic and international markets. With a strong presence in Europe and beyond, Vestel is renowned for its innovative technology and commitment to quality. The company’s core offerings include smart TVs, refrigerators, and washing machines, distinguished by their energy efficiency and cutting-edge features. Vestel's dedication to research and development has led to significant milestones, positioning it as a key competitor in the global market. Notably, Vestel has received accolades for its sustainable practices and advanced manufacturing capabilities, solidifying its reputation as a forward-thinking enterprise in the electronics sector.
DitchCarbon Score
How does Vestel Elektronik Sanayi Ve Ticaret's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vestel Elektronik Sanayi Ve Ticaret's score of 35 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vestel Elektronik Sanayi Ve Ticaret's reported carbon emissions
In 2023, Vestel Elektronik Sanayi ve Ticaret reported carbon emissions of approximately 16,078,000 kg CO2e for Scope 1 and about 60,962,000 kg CO2e for Scope 2. This reflects their ongoing commitment to reducing greenhouse gas emissions across their operations. The company has set ambitious targets, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. Additionally, they are committed to reducing Scope 3 emissions from the use of sold products by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Historically, Vestel's emissions have fluctuated, with 2016 emissions recorded at approximately 13,194,940 kg CO2e for Scope 1 and 51,248,170 kg CO2e for Scope 2. By 2018, emissions had decreased significantly, with Scope 1 emissions at about 2,691,000 kg CO2e and Scope 2 at approximately 53,556,000 kg CO2e. Looking ahead, Vestel aims to achieve net zero emissions by 2050, first within their own operations and subsequently across their entire value chain. This long-term commitment underscores their dedication to sustainability and climate action in the consumer durables sector.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 13,194,940 | 00,000,000 | 0,000,000 | - | 0,000,000 | 00,000,000 |
| Scope 2 | 51,248,170 | 00,000,000 | 00,000,000 | - | 00,000,000 | - |
| Scope 3 | - | 0,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vestel Elektronik Sanayi Ve Ticaret is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
