Vector Limited, a leading player in the distribution and trade services of electricity, is headquartered in New Zealand. Established in 1999, the company has grown to become a pivotal force in the energy sector, particularly in Auckland and Wellington, where it operates extensive electricity networks.
Vector Limited is renowned for its innovative approach to energy distribution, offering a range of services that include electricity metering, network management, and renewable energy solutions. The company stands out for its commitment to sustainability and technological advancement, positioning itself as a forward-thinking leader in the industry.
With a strong market presence, Vector Limited has achieved significant milestones, including the integration of smart technology into its services, enhancing efficiency and customer experience. As a trusted provider, Vector continues to shape the future of energy distribution in New Zealand.
+49 vs industry average
Vector Limited’s score of 64 is higher than 81% 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
Electricity Distribution is among the most carbon-intensive industries
Industry performance
The Electricity Distribution industry has reduced its overall emissions by 31% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vector Limited's reported carbon emissions
Vector Limited, a distribution and trade services of electricity company based in NZ, reported a total of approximately 2.29 billion kg CO2e in emissions for the fiscal year 2025. This includes Scope 1 emissions amounting to about 794.2 million kg CO2e, Scope 2 emissions of approximately 39.5 million kg CO2e, and Scope 3 emissions totalling around 744.3 million kg CO2e. For fiscal year 2024, Vector Limited's total emissions were approximately 2.04 billion kg CO2e. Scope 1 emissions stood at about 985.7 million kg CO2e, Scope 2 at approximately 26.9 million kg CO2e, and Scope 3 at around 945.0 million kg CO2e. In fiscal year 2023, total emissions reached approximately 2.23 billion kg CO2e, with Scope 1 emissions at about 1.09 billion kg CO2e, Scope 2 at approximately 42.8 million kg CO2e, and Scope 3 at around 1.03 billion kg CO2e. Vector Limited has established a science-aligned target for direct emissions (Scope 1 and Scope 2, excluding electricity line losses) to reduce them by 53.5% by 2030, using a 2020 baseline. Furthermore, the company has set a net-zero emissions target for Scope 1 and Scope 2 (excluding electricity line losses) by 2030. The company's efforts indicate a commitment to climate action within the energy sector.
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Vector Limited’s Climate Goals (2030 & 2050)
2 goals2030
53.5% reduction in all scopes
Has set a 1.5C° science aligned target for direct emissions (Scope 1, Scope 2 excl. electricity line losses) reduction of 53.5% by 2030, fro…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Vector Limited
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