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.
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.
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.
V-Mart Retail Limited's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, V-Mart Retail Limited has not disclosed any specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company has also not set any reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. In previous years, V-Mart's revenue figures were approximately USD 300 million in 2023, USD 220 million in 2022, and USD 147 million in 2021, but no corresponding emissions data was provided for these years. The absence of disclosed emissions indicates a potential area for improvement in transparency and climate accountability. V-Mart Retail Limited's commitment to addressing climate change remains unclear, as there are no documented reduction initiatives or targets. The company may benefit from establishing measurable goals to enhance its sustainability profile and align with industry standards.
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.