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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 53% 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
As of 2021, Vector Group Ltd., a US-based tobacco products company, reported total gross carbon emissions of approximately 6,434,102 kg CO2e. This includes Scope 1 emissions of 31,218 kg CO2e, Scope 2 emissions of 176,272 kg CO2e, and Scope 3 emissions of 6,226,712 kg CO2e. A significant portion of its Scope 3 emissions stems from purchased goods and services, accounting for 5,705,920 kg CO2e. Other notable Scope 3 contributors include business travel at 202,586 kg CO2e, employee commute at 151,082 kg CO2e, and investments at 132,202 kg CO2e.
While Vector Group Ltd. discloses its emissions data, it currently has no specific, publicly documented carbon reduction targets or commitments, such as Science Based Targets Initiative (SBTi) targets or participation in The Climate Pledge. However, it should be noted that certain initiatives, such as SBTi and RTZ, 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.26 days ago
51
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