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 255,300,040 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 250,935,320 kg CO2e. Scope 1 emissions were approximately 1,395,320 kg CO2e, and Scope 2 emissions totalled about 4,799,040 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all three scopes. For the previous year, 2023, Quest Holdings recorded total emissions of about 45,770,000 kg CO2e, with Scope 1 emissions at approximately 1,224,000 kg CO2e, Scope 2 emissions at about 3,352,000 kg CO2e, and Scope 3 emissions at around 21,474,000 kg CO2e. In 2022, the company reported total emissions of approximately 22,251,000 kg CO2e, with Scope 1 at about 1,468,000 kg CO2e, Scope 2 at approximately 3,306,000 kg CO2e, and Scope 3 at around 22,251,000 kg CO2e. Quest Holdings has set ambitious reduction targets, aiming for a 40% reduction in total Scope 1 and 2 emissions by 2030, with monitoring initiated in 2022. Additionally, the company has committed to achieving Net Zero for Scope 1 and 2 emissions by 2050, taking into account technological advancements and implementation capabilities. The company has also established goals for reducing electricity consumption by 3% by 2020, reflecting its commitment to continuous improvement in energy efficiency. These initiatives demonstrate Quest Holdings' proactive stance on climate action and emissions reduction within the industry context.
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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 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 16,758 | 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?
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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.
