Vard Group AS, a prominent player in the maritime industry, is headquartered in Norway and operates extensively across Europe, Asia, and South America. Founded in 2000, the company has established itself as a leader in designing and constructing advanced vessels, particularly for the offshore and specialised shipbuilding sectors.
Vard Group is renowned for its innovative solutions, offering a diverse range of services that include ship design, construction, and maintenance. Their commitment to sustainability and cutting-edge technology sets them apart in a competitive market. With a strong focus on quality and efficiency, Vard Group has achieved significant milestones, including numerous awards for excellence in shipbuilding.
As a trusted partner in the maritime industry, Vard Group AS continues to enhance its market position through strategic collaborations and a dedication to delivering exceptional products tailored to client needs.
+10 vs industry average
Vard Group AS’s score of 37 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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Industry Intensity
Transport Equipment Manufacturing has typical carbon intensity
Industry performance
The Transport Equipment Manufacturing industry has reduced its overall emissions by 46% since 2019
Reported emissions
No reported emissions data is available for Vard Group AS yet.
Vard Group AS's reported carbon emissions
Vard Group AS, headquartered in Norway, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Fincantieri S.p.A., and any relevant emissions data or climate commitments may be inherited from this parent organization.
As of now, Vard Group AS has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The lack of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy.
Given its affiliation with Fincantieri S.p.A., Vard Group AS may align its climate commitments with those of its parent company, which could include broader industry standards and practices. However, without specific data or commitments from Vard Group AS itself, it is challenging to provide a detailed overview of its carbon emissions and climate initiatives.
In summary, Vard Group AS is currently without reported emissions data or defined climate commitments, relying on its corporate relationship with Fincantieri S.p.A. for potential guidance in sustainability efforts.
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Vard Group AS’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Vard Group AS yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Fincantieri S.p.A.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Vard Group AS yet.
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