Quest holding Sustainability Profile
Quest Holding, headquartered in Greece, is a prominent player in the technology and telecommunications industry. Founded in 1995, the company has established itself as a leader in various sectors, including IT services, e-commerce, and telecommunications. With a strong presence in Greece and expanding operations across Southeast Europe, Quest Holding has achieved significant milestones, including strategic partnerships and innovative product launches. The company’s core offerings encompass a diverse range of services, from advanced IT solutions to cutting-edge telecommunications infrastructure. Quest Holding is renowned for its commitment to quality and customer satisfaction, setting it apart in a competitive market. With a robust market position, the company has garnered numerous accolades, reflecting its dedication to excellence and innovation in the tech landscape.
DitchCarbon Score
How does Quest holding'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 Business 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
Quest holding's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Quest holding's reported carbon emissions
In 2024, Quest Holdings reported total carbon emissions of approximately 257.1 million kg CO2e, comprising 1,395,320 kg CO2e from Scope 1, 4,799,040 kg CO2e from Scope 2, and a significant 250,935,320 kg CO2e from Scope 3 emissions. This marks a notable increase from 2023, where total emissions were approximately 26.1 million kg CO2e, with Scope 1 at 1,224,000 kg CO2e, Scope 2 at 3,352,000 kg CO2e, and Scope 3 at 21,474,000 kg CO2e. Quest Holdings has set ambitious climate commitments, aiming for a 40% reduction in total Scope 1 and 2 emissions by 2030, with a long-term goal of achieving Net Zero for these scopes by 2050. These targets were established in 2022 and are monitored annually. The company has also implemented initiatives to reduce electricity consumption by 3% by 2020, reflecting its commitment to sustainability. The emissions data is sourced directly from Quest Holdings S.A., with no cascading from a parent organization. The company actively discloses its emissions across all three scopes, demonstrating transparency in its climate impact and commitments.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 434,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,298,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 16,758,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Quest holding's Industry?
How Carbon Intensive is Quest holding's Location?
Quest holding's Scope 3 Categories Breakdown
Quest holding's Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 52% of Scope 3 emissions.
Top Scope 3 Categories
Quest holding'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.
Quest holding 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.
