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 71 is higher than 85% 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 Zug's reported carbon emissions
In 2024, V-ZUG Holding AG reported total carbon emissions of approximately 343,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 3,261,000 kg CO2e, primarily from stationary combustion, while Scope 2 emissions totalled approximately 280,000 kg CO2e. The majority of emissions stemmed from Scope 3, amounting to around 339,979,000 kg CO2e, with the use of sold products being the largest contributor at approximately 238,229,000 kg CO2e. V-ZUG has set ambitious climate commitments, aiming for an 80% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. This target is part of their broader strategy to achieve net zero emissions by 2050. Additionally, they have committed to a 30% reduction in Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect V-ZUG's commitment to sustainable practices in the consumer durables sector. The company’s emissions data is self-reported and does not cascade from any parent organization, ensuring that their climate commitments are independently established.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,997,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 262,000 | 000,000 | 000,000 | 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 | 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 participating in some 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.
