Vaibhav Global
Vaibhav Global Limited, commonly known as VGL, is a prominent player in the global e-commerce and retail industry, headquartered in India. Established in 1980, the company has evolved significantly, with major operational regions spanning North America, Europe, and Asia. VGL specialises in the design, manufacture, and distribution of fashion jewellery, lifestyle products, and home décor, setting itself apart with a commitment to quality and innovation. With a strong market position, Vaibhav Global has achieved notable milestones, including its listing on the Bombay Stock Exchange. The company’s unique offerings, such as ethically sourced materials and contemporary designs, cater to a diverse clientele, making it a trusted name in the industry. Through its strategic focus on customer satisfaction and sustainability, VGL continues to thrive in a competitive landscape.
DitchCarbon Score
How does Vaibhav Global'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 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
Vaibhav Global's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vaibhav Global's reported carbon emissions
In 2023, Vaibhav Global reported total carbon emissions of approximately 3,690,000 kg CO2e, comprising 257,000 kg CO2e from Scope 1, 3,669,000 kg CO2e from Scope 2, and 3,100,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2022, where total emissions were about 14,200,000 kg CO2e, with Scope 1 emissions at 1,609,000 kg CO2e and Scope 2 at 3,935,000 kg CO2e. The company has made strides in reducing its carbon footprint, particularly in Scope 1 and 2 emissions, which totalled approximately 3,926,000 kg CO2e in 2023, down from 5,544,000 kg CO2e in 2022. However, there are no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. In 2024, preliminary data suggests an increase in Scope 1 emissions to about 455,000 kg CO2e and Scope 2 emissions to approximately 4,140,000 kg CO2e, while Scope 3 emissions are projected to be around 3,600,000 kg CO2e. This highlights the ongoing challenge of managing emissions across all scopes, particularly in the context of increasing operational activities. Overall, while Vaibhav Global has shown some progress in reducing its emissions, the absence of formal reduction targets suggests that further strategic initiatives may be necessary to enhance its climate commitments.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,609,000 | 000,000 | 000,000 |
| Scope 2 | 3,935,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 840,000 | 0,000,000 | 0,000,000 |
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.
Vaibhav Global 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.
