Rapala VMC Corporation Sustainability Profile
Rapala VMC Corporation, a leading name in the fishing tackle industry, is headquartered in Finland (FI) and operates extensively across Europe, North America, and Asia. Founded in 1936, the company has established itself as a pioneer in the design and manufacture of high-quality fishing lures, hooks, and accessories, with notable milestones including the introduction of the iconic Rapala floating lure. Renowned for its innovative products, Rapala VMC combines traditional craftsmanship with modern technology, ensuring exceptional performance on the water. The company's diverse portfolio includes premium fishing lures, terminal tackle, and fishing apparel, catering to both amateur and professional anglers. With a strong market position and a commitment to sustainability, Rapala VMC continues to set industry standards, making it a trusted choice for fishing enthusiasts worldwide.
DitchCarbon Score
How does Rapala VMC Corporation'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 Recreation and Sports 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
Rapala VMC Corporation's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rapala VMC Corporation's reported carbon emissions
In 2024, Rapala VMC Corporation reported total carbon emissions of approximately 46,463,000 kg CO2e. This figure includes 1,334,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, amounted to about 2,074,000 kg CO2e (market-based), while Scope 3 emissions, which cover indirect emissions in the value chain, were significantly higher at approximately 43,056,000 kg CO2e. The company has set an ambitious target to achieve zero Scope 2 emissions by 2026, which encompasses all electricity purchased for its global operations. This commitment reflects Rapala VMC's dedication to reducing its carbon footprint and aligns with industry standards for climate action. Overall, Rapala VMC Corporation's emissions data and climate commitments demonstrate a proactive approach to sustainability, with a clear focus on reducing emissions across all scopes, particularly in the area of purchased electricity.
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| 2024 | |
|---|---|
| Scope 1 | 1,334,000 |
| Scope 2 | 2,074,000 |
| Scope 3 | 43,056,000 |
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Rapala VMC Corporation's Scope 3 Categories Breakdown
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 60% of Scope 3 emissions.
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Rapala VMC Corporation'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.
Rapala VMC Corporation 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.
