VE Commercial Vehicles Limited Sustainability Profile
VE Commercial Vehicles Limited, commonly referred to as VECV, is a prominent player in the Indian automotive industry, headquartered in Gurgaon, India. Established in 2008, the company is a joint venture between the Volvo Group and Eicher Motors, focusing on the manufacture of commercial vehicles. VE Commercial Vehicles operates primarily in the heavy-duty truck and bus segments, offering a diverse range of products that include trucks, buses, and engines. Known for their innovative engineering and commitment to sustainability, VE Commercial Vehicles stands out with its advanced technology and fuel-efficient solutions. With a strong market presence in India and expanding operations in international markets, VE Commercial Vehicles has achieved significant milestones, including numerous awards for safety and environmental performance, solidifying its position as a leader in the commercial vehicle sector.
DitchCarbon Score
How does VE Commercial Vehicles Limited'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 Motor Vehicle Retail Services 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
VE Commercial Vehicles Limited's score of 21 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
VE Commercial Vehicles Limited's reported carbon emissions
In 2025, VE Commercial Vehicles Limited reported total carbon emissions of approximately 478,844,000 kg CO2e globally, with Scope 1 emissions at about 96,007,000 kg CO2e and Scope 2 emissions at approximately 382,837,000 kg CO2e. In India, the company’s emissions for the same year were about 317,659,000 kg CO2e, comprising approximately 67,829,000 kg CO2e in Scope 1, 249,830,000 kg CO2e in Scope 2, and a significant 94,555,745,000 kg CO2e in Scope 3 emissions. For the previous year, 2024, VE Commercial Vehicles reported total emissions of around 269,366,000 kg CO2e in India, with Scope 1 at about 60,359,000 kg CO2e and Scope 2 at approximately 209,007,000 kg CO2e. The Scope 3 emissions for 2024 were approximately 76,625,951,000 kg CO2e. In 2023, the company’s emissions in India were about 261,241,000 kg CO2e, with Scope 1 emissions at approximately 58,935,000 kg CO2e and Scope 2 at around 202,306,000 kg CO2e. The Scope 3 emissions for that year were reported at approximately 79,695,190,000 kg CO2e. VE Commercial Vehicles Limited is a current subsidiary of Eicher Motors Limited, which influences its emissions reporting and sustainability initiatives. However, there are currently no specific reduction targets or climate pledges disclosed by the company. The absence of SBTi reduction targets indicates a potential area for future commitment to climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | 21,352,860 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 39,973,840 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is VE Commercial Vehicles Limited's Industry?
How Carbon Intensive is VE Commercial Vehicles Limited's Location?
VE Commercial Vehicles Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
VE Commercial Vehicles Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
