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 23 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
V-Mart Retail Limited's reported carbon emissions
In 2023, V-Mart Retail Limited reported total carbon emissions of approximately 47,300 kg CO2e for Scope 1 and about 45,091,000 kg CO2e for Scope 2, alongside 92,000 kg CO2e for Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions from 402,000,000 kg CO2e in 2022, indicating a proactive approach to minimising direct emissions. For 2024, the company further decreased its Scope 1 emissions to about 147,000 kg CO2e, while Scope 2 emissions rose slightly to approximately 50,873,000 kg CO2e, and Scope 3 emissions increased to about 1,583,000 kg CO2e. Despite these fluctuations, V-Mart has not publicly committed to specific reduction targets or initiatives, which may limit its ability to align with industry standards for climate action. The absence of formal climate pledges or science-based targets suggests that while the company is making strides in emissions reporting, there is room for improvement in establishing comprehensive climate commitments.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 402,000,000 | 000,000 | 000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000 | 0,000,000 |
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 committed to any reduction initiatives 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.
