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 414,841,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for the majority of their footprint. Specifically, Scope 1 emissions were about 4,381,000 kg CO2e, and Scope 2 emissions were reported as approximately 21,480,000 kg CO2e (market-based). Over the years, Varta has shown fluctuations in its emissions. In 2021, the company emitted around 7,062,000 kg CO2e (Scope 1 and 2 combined), while in 2020, emissions totalled approximately 16,714,000 kg CO2e. The 2019 figures were slightly lower, with total emissions of about 13,945,000 kg CO2e. Varta has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in climate initiatives but has not yet committed to a net-zero target. Their emissions intensity metrics indicate a focus on reducing carbon emissions relative to revenue and employee count, with values of 0.00809 kg CO2e per euro of revenue in 2020 and 1,580 kg CO2e per employee in the same year. As a player in the electrical equipment and machinery sector, Varta's climate commitments reflect a growing awareness of the need for sustainability in manufacturing processes, although further details on specific reduction initiatives remain unspecified.
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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.
