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.
+32 vs industry average
Vard Holdings Limited’s score of 59 is higher than 78% 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 Holdings Limited yet.
Vard Holdings Limited's reported carbon emissions
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.
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Vard Holdings Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Vard Holdings Limited 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 Holdings Limited yet.
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