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Public Profile
Business Services
CH
updated a month ago

V Zug Sustainability Profile

Company website

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.

71

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.

29

Industry Benchmark

V Zug's score of 71 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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V Zug's reported carbon emissions

In 2024, V-ZUG Holding AG reported total carbon emissions of approximately 343,979,000 kg CO2e, with emissions distributed across various scopes: 3,261,000 kg CO2e from Scope 1, 2,800,000 kg CO2e from Scope 2 (market-based), and a significant 339,979,000 kg CO2e from Scope 3. The Scope 1 emissions primarily stem from stationary combustion, while Scope 3 emissions are largely attributed to the use of sold products, which alone accounted for about 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 across all scopes by 2050. Additionally, they have committed to a 30% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi), which has validated V-ZUG's near-term goals as consistent with the reductions necessary to limit global warming to 1.5°C. The company is actively working towards these goals, demonstrating a commitment to sustainability and climate responsibility in the consumer durables sector.

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Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
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

How Carbon Intensive is V Zug's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. V Zug's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is V Zug's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for V Zug is in CH, which has a very low grid carbon intensity relative to other regions.

V Zug's Scope 3 Categories Breakdown

V Zug's Scope 3 emissions, which increased by 1% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 70% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
70%
Purchased Goods and Services
20%
Capital Goods
4%
End-of-Life Treatment of Sold Products
3%
Upstream Transportation & Distribution
<1%
Upstream Leased Assets
<1%
Employee Commuting
<1%
Fuel and Energy Related Activities
<1%
Business Travel
<1%
Waste Generated in Operations
<1%

V Zug's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

V Zug has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare V Zug's Emissions with Industry Peers

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Updated 1 day ago

Electrolux HausgerÄTe GmbH

DE
•
Furniture; other manufactured goods n.e.c. (36)
Updated about 1 month ago

Whirlpool

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•
Furniture; other manufactured goods n.e.c. (36)
Updated 6 days ago

Gaggenau HausgerÄTe GmbH

DE
•
Electrical machinery and apparatus n.e.c. (31)
Updated 27 days ago

Bosch Limited

IN
•
Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries
Updated 30 days ago

Smeg S.p.A

IT
•
Furniture; other manufactured goods n.e.c. (36)
Updated 8 days ago

Frequently Asked Questions

Common questions about V Zug's sustainability data and climate commitments

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Where does DitchCarbon data come from?

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