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 23 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, V-Mart Retail Limited reported total carbon emissions of approximately 51,000,000 kg CO2e, comprising 147,000 kg CO2e from Scope 1, 50,873,000 kg CO2e from Scope 2, and 1,583,000 kg CO2e from Scope 3. This marks a significant increase in emissions compared to 2023, where the company recorded about 45,091,000 kg CO2e in Scope 2 emissions and 920,000 kg CO2e in Scope 3 emissions. V-Mart's emissions data indicates a commitment to transparency, as they have disclosed emissions across all three scopes (1, 2, and 3) for the years 2023 and 2024. However, there are currently no specific reduction targets or initiatives outlined in their reports, suggesting a need for further development in their climate commitments. The company’s revenue for 2024 was approximately USD 334,331,110, reflecting a growing business alongside its carbon footprint. As V-Mart continues to expand, it will be crucial for them to establish and communicate clear climate action strategies to mitigate their environmental impact effectively.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.