Vector Limited
Vector Limited, a leading energy and infrastructure company based in New Zealand, has been at the forefront of the industry since its establishment in 1999. Headquartered in Auckland, Vector operates extensively across the North Island, providing essential services in electricity, gas, and telecommunications. The company is renowned for its innovative approach to energy management and smart technology solutions, including advanced metering and network optimisation. Vector's commitment to sustainability and reducing carbon emissions sets it apart in a competitive market, positioning it as a key player in New Zealand's transition to a low-carbon economy. With a strong focus on customer service and operational excellence, Vector Limited continues to achieve significant milestones, reinforcing its reputation as a trusted provider in the energy sector.
DitchCarbon Score
How does Vector Limited'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 Electricity Distribution 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
Vector Limited's score of 12 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vector Limited's reported carbon emissions
In 2024, Vector Limited reported total carbon emissions of approximately 3,000,000 kg CO2e from Scope 1, 27,000,000 kg CO2e from Scope 2, and about 1,488,277,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. In comparison, the 2022 emissions data indicated total emissions of about 1,513,447,000 kg CO2e, with Scope 1 emissions at approximately 20,294,000 kg CO2e, Scope 2 at about 40,069,000 kg CO2e, and Scope 3 at around 1,453,084,000 kg CO2e. This shows a slight increase in total emissions from 2022 to 2024, primarily driven by Scope 3 emissions. Vector Limited has not publicly disclosed specific reduction targets or initiatives, nor does it appear to have cascaded any Science-Based Targets Initiative (SBTi) commitments from its parent organisation. The absence of documented reduction targets suggests that while the company is actively measuring its emissions, it may still be in the early stages of formalising its climate commitments. Overall, Vector Limited's emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce its carbon footprint, particularly in Scope 3 emissions, which constitute the majority of its total emissions.
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| 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 23,669,000 | 00,000,000 | 00,000,000 | 0,000,000,000 |
| Scope 2 | 33,439,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,754,974,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vector Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
