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Vector Group Ltd., often referred to simply as Vector Group, is a dynamic US-based holding company with diverse operations. Headquartered in the United States, its primary industry focus is tobacco products, alongside significant interests in real estate.
Founded in 1968, Vector Group has established itself as a key player in the fiercely competitive tobacco market. Their core offerings include a range of popular cigarette brands, manufactured and distributed by their subsidiary Liggett Group LLC, and discounted tobacco products through their other subsidiary, Vector Tobacco Inc.
What sets Vector Group apart is its unique blend of tobacco manufacturing and strategic real estate investments, managed by New Valley LLC. This dual-pronged approach contributes to their robust market position and sustained growth within their respective sectors.
51
DitchCarbon score
+2 vs industry average
Vector Group Ltd.’s score of 51 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Tobacco Products has below-average carbon intensity
Industry performance
0.334
20182025
The Tobacco Products industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2024
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Vector Group Ltd.'s reported carbon emissions
Vector Group Ltd., a US-headquartered tobacco products company, reported total emissions of approximately 6,434,102 kg CO2e in 2021. This includes about 31,218 kg CO2e from Scope 1 emissions, 176,272 kg CO2e from Scope 2 emissions, and 6,226,712 kg CO2e from Scope 3 emissions. The largest contributors to Scope 3 emissions were purchased goods and services, accounting for approximately 5,705,920 kg CO2e. Other notable Scope 3 categories included business travel with 202,586 kg CO2e, employee commute with 151,082 kg CO2e, and investments with 132,202 kg CO2e. Vector Group Ltd. does not have publicly disclosed emissions reduction targets, including SBTi targets. However, its SBTi targets are cascaded from its ultimate parent, Japan Tobacco Inc.
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Vector Group Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Vector Group Ltd. yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Inherited from Japan Tobacco Inc.2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Vector Group Ltd.3 days ago
51
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