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.
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.
Industry Benchmark
VIDA's score of 36 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VIDA's reported carbon emissions
In 2023, VIDA reported total carbon emissions of approximately 10,713,000 kg CO2e for Scope 1 and about 14,843,000 kg CO2e for Scope 2. This reflects a continued commitment to monitoring and managing their carbon footprint, particularly in the wood and articles of wood sector. Over the past few years, VIDA has demonstrated a trend in emissions management, with Scope 1 emissions decreasing from about 12,467,000 kg CO2e in 2022 and 14,236,000 kg CO2e in 2020. Similarly, Scope 2 emissions have also shown a slight reduction from approximately 15,195,000 kg CO2e in 2020 to 14,843,000 kg CO2e in 2023. Despite these figures, VIDA has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on sustainability practices, particularly in their electricity consumption, which has been a significant factor in their emissions profile. Overall, VIDA's emissions data highlights their ongoing efforts to address climate change, although further transparency regarding specific reduction commitments would enhance their sustainability narrative.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 14,236,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 15,195,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
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.
