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 29 is higher than 50% 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 2024, Vaibhav Global reported total carbon emissions of approximately 4,550,000 kg CO2e from Scope 1 and 4,140,000 kg CO2e from Scope 2. Additionally, their Scope 3 emissions, primarily from investments, reached a staggering 3,031,826,000 kg CO2e. This data reflects a significant increase in emissions compared to 2023, where Scope 1 emissions were about 257,000 kg CO2e and Scope 2 emissions were approximately 3,669,000 kg CO2e. In 2022, the company recorded even higher emissions, with Scope 1 at around 1,609,000 kg CO2e and Scope 2 at about 3,935,000 kg CO2e. The emissions data for 2023 and 2024 indicates a concerning trend, particularly in Scope 3 emissions, which are not typically under direct control of the company. Vaibhav Global has not set specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is cascaded from Vaibhav Global Limited, indicating a corporate family relationship that influences their reporting. Overall, while the company has made strides in transparency regarding its emissions, the lack of reduction commitments raises questions about its long-term climate strategy.
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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 | - | - | 0,000,000,000 |
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.
