Nicoventures Trading Limited Sustainability Profile
Nicoventures Trading Limited, a subsidiary of British American Tobacco, is headquartered in Great Britain and operates primarily across Europe and other key markets. Founded in 2013, the company has established itself within the innovative tobacco and nicotine industry, focusing on the development of reduced-risk products. Specialising in next-generation nicotine products, Nicoventures offers a range of unique vaping and heated tobacco solutions designed to meet evolving consumer preferences. Their commitment to quality and innovation has positioned them as a notable player in the market, contributing to the broader shift towards less harmful alternatives to traditional smoking. With a strong emphasis on research and development, Nicoventures Trading Limited continues to achieve significant milestones, reinforcing its reputation as a leader in the pursuit of a smoke-free future.
DitchCarbon Score
How does Nicoventures Trading Limited'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
Nicoventures Trading Limited's score of 97 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nicoventures Trading Limited, headquartered in Great Britain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of British American Tobacco p.l.c., which means that any climate commitments or emissions data may be inherited from its parent organization. British American Tobacco p.l.c. has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, which are cascaded down to Nicoventures Trading Limited. However, specific reduction targets or achievements for Nicoventures are not detailed in the available data. As part of its corporate family, Nicoventures is aligned with British American Tobacco's broader sustainability goals, which include commitments to reduce carbon emissions across its operations. The company is expected to adhere to industry-standard climate terminology and practices, although specific metrics or targets for Nicoventures Trading Limited are not provided. In summary, while Nicoventures Trading Limited does not have specific emissions data or reduction targets available, it is part of a larger corporate structure that is actively engaged in climate commitments through its parent company, British American Tobacco p.l.c.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 330,495,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 363,501,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 182,343,000 | 000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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Nicoventures Trading Limited's Scope 3 Categories Breakdown
Nicoventures Trading Limited's Scope 3 emissions, which decreased by 9% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
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Nicoventures Trading Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nicoventures Trading Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
