Velocity Frequent Flyer Pty Ltd Sustainability Profile
Velocity Frequent Flyer Pty Ltd, headquartered in Australia, is a leading loyalty program in the travel and airline industry. Founded in 2005, it has established itself as a key player in the frequent flyer market, primarily serving customers in Australia and New Zealand. The company offers a range of services, including earning and redeeming Velocity Points through flights, hotel stays, and various retail partnerships. What sets Velocity apart is its extensive network of airline and non-airline partners, providing members with diverse opportunities to maximise their rewards. With a strong market position, Velocity Frequent Flyer has achieved significant milestones, including partnerships with major airlines and a growing membership base, making it a preferred choice for travellers seeking to enhance their flying experience.
DitchCarbon Score
How does Velocity Frequent Flyer Pty Ltd'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 Computer Services 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
Velocity Frequent Flyer Pty Ltd's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Velocity Frequent Flyer Pty Ltd, headquartered in Australia, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Virgin Australia Holdings Pty Limited, which may influence its climate commitments and reporting practices. While Velocity Frequent Flyer has not established specific reduction targets or initiatives, it is important to note that it inherits its climate performance data from Virgin Australia Holdings Pty Limited. This relationship may provide a framework for future climate action and emissions reduction strategies. As part of the broader industry context, Velocity Frequent Flyer is expected to align with the climate commitments of its parent company, which may include participation in initiatives such as the Carbon Disclosure Project (CDP). However, specific details regarding these initiatives or any climate pledges have not been disclosed. In summary, while Velocity Frequent Flyer Pty Ltd currently lacks specific emissions data and reduction targets, its affiliation with Virgin Australia Holdings Pty Limited suggests potential for future climate commitments and initiatives.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,628,259,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,881,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Velocity Frequent Flyer Pty Ltd's Industry?
How Carbon Intensive is Velocity Frequent Flyer Pty Ltd's Location?
Velocity Frequent Flyer Pty Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Velocity Frequent Flyer Pty Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
