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 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Varta's reported carbon emissions
In 2022, Varta AG reported total carbon emissions of approximately 4381000 kg CO2e for Scope 1 and 2148000 kg CO2e for Scope 2, with a significant contribution from Scope 3 emissions amounting to about 414841000 kg CO2e. This indicates a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Over the years, Varta has shown fluctuations in its emissions. In 2021, the company recorded approximately 5546000 kg CO2e for Scope 1 and 1817000 kg CO2e for Scope 2, leading to a total of about 7062000 kg CO2e. In 2020, emissions were higher, with Scope 1 at approximately 4085000 kg CO2e and Scope 2 at about 13278000 kg CO2e, resulting in a total of around 16714000 kg CO2e. The trend indicates a need for ongoing efforts to manage and reduce emissions effectively. Varta has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is not currently committed to a net-zero target. Their commitment status reflects an ongoing engagement with climate action, particularly within the electrical equipment and machinery sector. Overall, Varta AG's emissions data and climate commitments highlight the company's awareness of its environmental impact and the importance of transparency in its sustainability efforts.
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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 committed to some reduction initiatives 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.
