Public Profile

V2Y Corp

V2Y Corp, also known as V2Y, is a leading technology firm headquartered in Singapore (SG), with significant operations across Asia and beyond. Founded in 2018, the company has rapidly established itself in the software development and digital transformation sectors, focusing on innovative solutions that enhance business efficiency. V2Y Corp offers a range of core services, including custom software development, cloud solutions, and data analytics, distinguished by their commitment to quality and customer-centric approach. The company has achieved notable milestones, including partnerships with key industry players and recognition for its contributions to the tech landscape. With a strong market position, V2Y Corp continues to drive advancements in technology, helping businesses navigate the complexities of the digital age while maintaining a reputation for excellence and reliability.

DitchCarbon Score

How does V2Y Corp'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.

15

Industry Average

Mean score of companies in the Insurance 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.

12

Industry Benchmark

V2Y Corp's score of 15 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%

V2Y Corp's reported carbon emissions

In 2023, V2Y Corp reported total carbon emissions of approximately 7,981,900 kg CO2e. This figure includes 100 kg CO2e from Scope 1 emissions, 367,100 kg CO2e from Scope 2 emissions, and 7,614,700 kg CO2e from Scope 3 emissions, which encompasses business travel, purchased goods and services, and downstream transportation and distribution. In 2022, the company's total emissions were about 7,900,700 kg CO2e, with similar distributions across the scopes: 100 kg CO2e for Scope 1, 332,400 kg CO2e for Scope 2, and 7,568,200 kg CO2e for Scope 3. The 2021 emissions data showed a total of approximately 3,790,600 kg CO2e, with 100 kg CO2e in Scope 1, 346,800 kg CO2e in Scope 2, and 887,500 kg CO2e in Scope 3. Despite the increase in total emissions from 2022 to 2023, V2Y Corp has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards.

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Add to project
202120222023
Scope 1
100
000
000
Scope 2
346,800
000,000
000,000
Scope 3
887,500
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. V2Y Corp's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. V2Y Corp is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

V2Y Corp 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers