V-Mart Retail Limited
V-Mart Retail Limited, a prominent player in the Indian retail sector, is headquartered in Ahmedabad, Gujarat. Established in 2002, the company has carved a niche in the value retail industry, focusing on affordable fashion and everyday essentials. With a strong presence across northern and western India, V-Mart operates numerous stores that cater to diverse customer needs. The company offers a wide range of products, including apparel, footwear, and home essentials, distinguished by their quality and competitive pricing. V-Mart's commitment to providing value for money has solidified its position as a trusted brand among consumers. Over the years, V-Mart has achieved significant milestones, including rapid expansion and recognition for its innovative retail strategies, making it a key player in the Indian retail landscape.
DitchCarbon Score
How does V-Mart Retail 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
V-Mart Retail Limited's score of 18 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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V-Mart Retail Limited's reported carbon emissions
In 2023, V-Mart Retail Limited reported total carbon emissions of approximately 50,873,000 kg CO2e from Scope 2 and 147,000 kg CO2e from Scope 1. This reflects a significant commitment to transparency in their emissions reporting, although no data is available for Scope 3 emissions. Comparatively, in 2022, the company recorded Scope 1 emissions of 473,000 kg CO2e and Scope 2 emissions of approximately 45,091,000 kg CO2e. This indicates a reduction in Scope 1 emissions in 2023, showcasing their efforts to lower their carbon footprint. Despite these figures, V-Mart has not set specific reduction targets or climate pledges, which may limit their long-term sustainability goals. The company’s emissions per unit of revenue have been reported at about 0.000018 kg CO2e per rupee of turnover, indicating a focus on efficiency relative to their financial performance. Overall, while V-Mart Retail Limited has made strides in emissions reporting and reduction, the absence of formal climate commitments or targets suggests an area for potential growth in their sustainability strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 473,000 | 000,000 |
| Scope 2 | 45,091,000 | 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.
V-Mart Retail Limited 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.
