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 47 is higher than 96% 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 15,545,000 kg CO2e from Scope 1, 26,900,000 kg CO2e from Scope 2, and 1,488,277,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting, with a notable focus on Scope 3 emissions, which represent the majority of their carbon footprint. In 2023, the company recorded emissions of about 19,485,000 kg CO2e for Scope 1, 42,810,000 kg CO2e for Scope 2, and 1,558,026,000 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 emissions compared to the previous year, where they were approximately 21,816,000 kg CO2e in 2022. Vector Limited has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to understanding and managing its environmental impact. The absence of defined reduction targets suggests an opportunity for Vector to enhance its climate strategy and align with industry standards for sustainability.
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| 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 340,176,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 31,597,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
