VE WONG CORPORATION Sustainability Profile
VE WONG CORPORATION, headquartered in Taiwan (TW), is a prominent player in the food manufacturing industry, specialising in the production of high-quality seasonings, sauces, and instant noodles. Founded in 1958, the company has established a strong presence across Asia and beyond, with a commitment to innovation and quality that has propelled its growth. Renowned for its signature products, VE WONG offers a diverse range of authentic flavours that cater to both traditional and modern culinary preferences. The company’s dedication to using premium ingredients sets it apart in a competitive market, ensuring customer satisfaction and loyalty. With a robust market position, VE WONG CORPORATION continues to achieve notable milestones, solidifying its reputation as a leader in the food sector.
DitchCarbon Score
How does VE WONG CORPORATION'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 Retail Trade 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 WONG CORPORATION's score of 35 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VE WONG CORPORATION's reported carbon emissions
In 2023, VE WONG CORPORATION reported total carbon emissions of approximately 6,510,680 kg CO2e for Scope 1, 4,049,282 kg CO2e for Scope 2, and 10,559,962 kg CO2e for Scope 3 emissions. This represents a slight increase in Scope 1 emissions from 5,754,821 kg CO2e in 2022, while Scope 2 emissions decreased from 4,247,463 kg CO2e. Scope 3 emissions also rose from 10,013,070 kg CO2e in the previous year. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. There are no cascading emissions data from a parent company, indicating that all reported figures are directly from VE WONG CORPORATION. The organisation has disclosed emissions across all three scopes, demonstrating a comprehensive approach to tracking its carbon footprint. VE WONG CORPORATION's emissions intensity stands at approximately 4.798e-06 kg CO2e per USD of revenue for 2023, reflecting its ongoing efforts to monitor and manage its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 5,754,821 | 0,000,000 |
| Scope 2 | 4,247,463 | 0,000,000 |
| Scope 3 | 10,013,070 | 00,000,000 |
How Carbon Intensive is VE WONG CORPORATION's Industry?
How Carbon Intensive is VE WONG CORPORATION's Location?
VE WONG CORPORATION's Scope 3 Categories Breakdown
VE WONG CORPORATION's Scope 3 emissions, which increased by 5% last year and increased by approximately 5% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 22% of Scope 3 emissions.
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VE WONG CORPORATION'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 WONG CORPORATION 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.
