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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, headquartered in Germany and operating in the Furniture and other manufactured goods n.e.c. industry, reported total carbon emissions of approximately 284.6 million kg CO2e in 2024. This figure includes Scope 1 emissions of approximately 4.6 million kg CO2e, market-based Scope 2 emissions of about 1.5 million kg CO2e, and Scope 3 emissions of roughly 278.5 million kg CO2e.
Looking back, Varta's total emissions in 2023 were approximately 321.5 million kg CO2e, comprising Scope 1 emissions of around 3.7 million kg CO2e, market-based Scope 2 emissions of about 1.4 million kg CO2e, and Scope 3 emissions of roughly 315.8 million kg CO2e. In 2022, total emissions were approximately 342.1 million kg CO2e, with Scope 1 emissions at about 4.4 million kg CO2e, market-based Scope 2 emissions at around 2.1 million kg CO2e, and Scope 3 emissions at approximately 657.9 million kg CO2e.
Varta has set near-term Science Based Targets initiative (SBTi) commitments. The company aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using 2020 as the base year. Additionally, Varta commits to reducing Scope 3 GHG 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 by 51.6% per million EUR value added by 2030, against a 2021 base year.
2030
42% reduction in Scope 2
VARTA AG commits to reduce absolute scope 2 GHG emissions 42% by 2030 from 2020 base year.
2030
42% reduction in Scope 1
VARTA AG commits to reduce absolute scope 1 GHG emissions 42% by 2030 from 2020 base year.
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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