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 Electrical Machinery Manufacturing 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 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vaibhav Global's reported carbon emissions
In 2023, Vaibhav Global reported total carbon emissions of approximately 3,660,000 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 reflects a commitment to transparency in their emissions reporting, as they disclosed data across all three scopes. In 2022, the company's total emissions were about 14,200,000 kg CO2e, with Scope 1 emissions at 1,609,000 kg CO2e and Scope 2 emissions at 3,935,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. For 2024, Vaibhav Global's emissions are projected to be approximately 4,140,000 kg CO2e from Scope 2, 455,000 kg CO2e from Scope 1, and 3,600,000 kg CO2e from Scope 3. The company has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a structured approach to mitigating climate impact. Overall, while Vaibhav Global has made strides in emissions reporting, the absence of defined reduction initiatives or targets suggests an opportunity for further commitment to climate action.
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| 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 | - | 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 participating in any 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.
