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Varta AG, commonly known as Varta, is a prominent player in the furniture and manufactured goods industry, headquartered in Germany. Established in 1887, the company has evolved significantly, marking key milestones in innovation and sustainability within its sector. Varta primarily focuses on producing high-quality batteries and energy storage solutions, catering to various applications, including consumer electronics and automotive sectors.
With a strong presence in Europe and beyond, Varta is recognised for its commitment to advanced technology and eco-friendly practices. The company’s core products, such as lithium-ion batteries, stand out for their reliability and efficiency, positioning Varta as a leader in the energy solutions market. Notable achievements include significant advancements in battery technology, reinforcing its market position and reputation for excellence in the industry.
+9 vs industry average
Varta’s score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furniture Manufacturing has above-average carbon intensity
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Varta, a German company in the Furniture and other manufactured goods sector, reported total carbon emissions of approximately 284.6 million kg CO2e in 2024. This figure includes about 4.6 million kg CO2e from Scope 1 emissions, 1.5 million kg CO2e from market-based Scope 2 emissions, and roughly 278.5 million kg CO2e from Scope 3 emissions.
For 2023, Varta's total emissions were approximately 321.5 million kg CO2e, comprising around 3.7 million kg CO2e for Scope 1, 1.4 million kg CO2e for market-based Scope 2, and approximately 315.8 million kg CO2e for Scope 3. In 2022, their total emissions were about 342.1 million kg CO2e, with Scope 1 at approximately 4.4 million kg CO2e, market-based Scope 2 at around 2.1 million kg CO2e, and Scope 3 at roughly 657.9 million kg CO2e. In 2021, total emissions were approximately 367.0 million kg CO2e, including about 5.5 million kg CO2e from Scope 1, 1.8 million kg CO2e from market-based Scope 2, and approximately 359.6 million kg CO2e from Scope 3.
Varta has set ambitious near-term Science Based Targets initiative (SBTi) commitments. The company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2020 base year. Additionally, Varta is committed to reducing Scope 3 GHG emissions by 51.6% per million EUR value added by 2030, from a 2021 base year. This Scope 3 target covers emissions from purchased goods and services, fuel- and energy-related activities, waste generated in operations, employee commuting, use of sold products, and end-of-life treatment of sold products.
2030
42% reduction in Scope 2
VARTA AG commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from 2020 base year.* *The target boundary includes land-related…
2030
42% reduction in Scope 1
VARTA AG commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from 2020 base year.* *The target boundary includes land-related…
2030
51.6% reduction in scope 3 total
VARTA AG also commits to reduce scope 3 GHG emissions from purchased goods and services, fuel- and energy-related activities, waste generate…
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Common questions about Varta’s sustainability data and climate commitments
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