V Zug
V-ZUG AG, a leading Swiss manufacturer of high-quality kitchen and laundry appliances, is headquartered in Zug, Switzerland (CH). Established in 1913, the company has built a strong reputation for innovation and precision in the home appliance industry, particularly in the realms of cooking, refrigeration, and washing solutions. V-ZUG's core products, including advanced ovens, steam cookers, and washing machines, are distinguished by their exceptional craftsmanship and energy efficiency. The brand is renowned for integrating cutting-edge technology with elegant design, catering to both residential and commercial markets. With a commitment to sustainability and user-centric innovation, V-ZUG has solidified its position as a market leader in Switzerland and beyond, consistently achieving accolades for its product excellence and design.
DitchCarbon Score
How does V Zug'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 Business 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 Zug's score of 24 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
V Zug's reported carbon emissions
In 2023, V-ZUG Holding AG reported total carbon emissions of approximately 338,078,000 kg CO2e, with emissions distributed across various scopes: 3,545,000 kg CO2e from Scope 1, 1,580,000 kg CO2e from Scope 2, and 338,078,000 kg CO2e from Scope 3. This reflects a decrease in Scope 1 emissions from 3,464,000 kg CO2e in 2022 and a reduction in Scope 2 emissions from 1,625,000 kg CO2e in the same year. Over the years, V-ZUG has shown a commitment to reducing its carbon footprint. In 2022, the company achieved a notable reduction in Scope 1 emissions compared to 2021, which recorded 4,096,000 kg CO2e. The company has set near-term reduction targets, although it has not committed to a net-zero target as of now. V-ZUG's emissions profile indicates a significant reliance on Scope 3 emissions, which accounted for the majority of their total emissions in 2023. The company is actively working towards improving its sustainability practices within the consumer durables sector, based in Switzerland.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,997,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 262,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 227,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 Zug is committed to some 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.
