Vard Holdings Limited
Vard Holdings Limited, commonly referred to as Vard, is a prominent player in the global shipbuilding industry, headquartered in Norway. Established in 2011, the company has rapidly evolved, focusing on the design and construction of specialised vessels, particularly for the offshore and maritime sectors. With operational facilities in key regions including Brazil, Romania, and Vietnam, Vard has positioned itself as a leader in delivering innovative solutions tailored to client needs. Vard's core offerings encompass a diverse range of vessels, including offshore support ships, fishing vessels, and luxury yachts, distinguished by their advanced technology and sustainable design. The company has achieved notable milestones, such as the successful delivery of numerous high-performance vessels, reinforcing its reputation for quality and reliability in the maritime market.
DitchCarbon Score
How does Vard Holdings Limited'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 Transport Equipment 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
Vard Holdings Limited's score of 65 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Vard Holdings Limited, 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., which may influence its climate commitments and reporting practices. As of now, Vard Holdings has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The lack of specific emissions data and reduction initiatives suggests that Vard Holdings may be in the early stages of developing a comprehensive climate strategy. Given its affiliation with Fincantieri S.p.A., emissions data and climate performance may be inherited from this parent company. However, specific figures or targets from Fincantieri S.p.A. have not been detailed in the provided information. In summary, Vard Holdings Limited is currently not reporting any carbon emissions or reduction targets, and its climate commitments remain undefined, potentially reflecting its status within the broader corporate structure of Fincantieri S.p.A.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 90,088,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 143,510,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Vard Holdings Limited 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.
