Vector Group Ltd., a prominent player in the tobacco and real estate industries, is headquartered in the United States. Founded in 1986, the company has established itself as a significant entity, particularly through its subsidiaries, which include the well-known tobacco brand, Liggett Group, and its real estate arm, New Valley LLC. Vector Group Ltd. is recognised for its innovative approach to product development, offering a diverse range of tobacco products that cater to various consumer preferences. The company’s strategic positioning in the market has led to notable achievements, including a strong presence in both the domestic and international markets. With a commitment to quality and a focus on sustainable practices, Vector Group Ltd. continues to evolve within its sectors, maintaining a competitive edge in an ever-changing landscape.
How does Vector Group Ltd.'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.
Mean score of companies in the Tobacco Products 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.
Vector Group Ltd.'s score of 53 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vector Group Ltd., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Japan Tobacco Inc., which influences its climate commitments and reporting practices. As part of its corporate family relationship, Vector Group Ltd. inherits climate initiatives and targets from Japan Tobacco Inc. This includes participation in various sustainability frameworks, although specific reduction targets or achievements for Vector Group Ltd. are not detailed. The absence of documented reduction initiatives suggests that the company may still be developing its climate strategy or aligning with broader corporate goals set by its parent organisation. In summary, while Vector Group Ltd. does not provide specific emissions data or reduction targets, it is linked to Japan Tobacco Inc.'s sustainability efforts, which may shape its future climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 425,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 483,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Vector Group Ltd.'s Scope 3 emissions, which decreased by 9% last year and increased by approximately 10% since 2018, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
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.
Vector Group Ltd. 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.