Public Profile

VIDA

VIDA, officially known as VIDA AB, is a prominent player in the Swedish technology sector, headquartered in Sweden (SE). Founded in 2014, the company has rapidly established itself in the fields of data analytics and artificial intelligence, focusing on delivering innovative solutions that enhance operational efficiency for businesses across various industries. With a strong presence in Europe and North America, VIDA offers a range of core services, including advanced data processing and machine learning applications. What sets VIDA apart is its commitment to harnessing cutting-edge technology to provide tailored solutions that meet the unique needs of its clients. Recognised for its significant contributions to the tech landscape, VIDA has achieved notable milestones, positioning itself as a leader in the data-driven solutions market. The company continues to push the boundaries of innovation, making a lasting impact on the industry.

DitchCarbon Score

How does VIDA'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.

32

Industry Average

Mean score of companies in the Paper Wood Waste Composting 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.

33

Industry Benchmark

VIDA's score of 32 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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VIDA's reported carbon emissions

In 2023, VIDA reported emissions data indicating a production emission factor of approximately 60.0 kg CO2e per cubic metre for electricity used in the category of wood and articles of wood, including wood charcoal. This figure is consistent with previous years, where the emission factor was about 62.0 kg CO2e in both 2021 and 2020, and 65.0 kg CO2e in 2018. Currently, VIDA has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or climate pledges. This lack of detailed emissions reporting suggests that while VIDA is engaged in sustainability practices, they may need to enhance their transparency and commitment to measurable climate goals. Overall, VIDA's emissions data reflects a stable production emission factor over recent years, but the absence of reduction initiatives or targets indicates an opportunity for improvement in their climate commitments.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. VIDA's primary industry is Paper and wood waste for treatment: composting and land application, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for VIDA is in SE, which has a very low grid carbon intensity relative to other regions.

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.

VIDA is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Holmen

SE
Paper and paper products
Updated 3 days ago

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