Public Profile

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.

42

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.

3

Industry Benchmark

Vector Limited's score of 42 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Vector Limited's reported carbon emissions

In 2023, Vector Limited reported total carbon emissions of approximately 1,558,026,000 kg CO2e, comprising 19,485,000 kg CO2e from Scope 1, 42,810,000 kg CO2e from Scope 2, and 1,558,026,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in Scope 1 emissions compared to 2022, where they were about 21,816,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Vector Limited's emissions profile indicates a significant reliance on Scope 3 emissions, which are primarily associated with the use of sold products and purchased goods and services. Overall, while Vector Limited has made strides in managing its emissions, the absence of formal reduction targets suggests a need for enhanced climate commitments to align with industry standards and expectations.

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2017201820202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vector Limited's primary industry is Distribution and trade services of electricity, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Vector Limited is headquartered in NZ, which has a rank of very low, indicating very low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers