Varta
Varta AG, commonly known as Varta, is a leading player in the battery manufacturing industry, headquartered in Germany. Established in 1887, the company has evolved significantly, marking key milestones such as its expansion into lithium-ion technology and the development of innovative energy storage solutions. Varta operates primarily in Europe, with a strong presence in the automotive, consumer electronics, and industrial sectors. The company is renowned for its high-quality batteries, including rechargeable and non-rechargeable options, which are distinguished by their reliability and performance. With a commitment to sustainability and cutting-edge technology, Varta has positioned itself as a market leader, achieving notable recognition for its advancements in battery efficiency and longevity. As the demand for energy solutions continues to grow, Varta remains at the forefront, driving innovation in the battery sector.
DitchCarbon Score
How does Varta'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 Furniture 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
Varta's score of 23 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Varta's reported carbon emissions
In 2022, Varta AG reported total carbon emissions of approximately 414,841,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 414,841,000 kg CO2e. Scope 1 emissions were approximately 4,381,000 kg CO2e, while Scope 2 emissions (market-based) totalled around 2,148,000 kg CO2e. This marked a notable increase in emissions compared to previous years, reflecting the company's operational scale and activities. In 2021, Varta's total emissions were about 7,062,000 kg CO2e, with Scope 1 emissions at approximately 5,546,000 kg CO2e and Scope 2 emissions at around 1,817,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, as evidenced by its near-term targets, although specific reduction targets have not been disclosed. Varta AG is headquartered in Germany and operates within the Electrical Equipment and Machinery sector. As of January 2023, the company has committed to near-term climate targets but has not yet established a net-zero commitment. The company continues to focus on improving its emissions intensity, with reported figures of 0.00772 kg CO2e per euro of revenue in 2022 and 0.00816 kg CO2e per euro of revenue in 2021. Overall, Varta AG's emissions data highlights the challenges and opportunities the company faces in its climate commitments, particularly in managing its extensive Scope 3 emissions.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 3,598,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,347,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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.
Varta is participating in some 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.
