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VN
updated 8 months ago

Velosi Vietnam Co. Ltd Sustainability Profile

Company website

Velosi Vietnam Co. Ltd., a prominent player in the engineering and consultancy sector, is headquartered in Vietnam and operates extensively across Southeast Asia. Founded in 1997, the company has established itself as a trusted provider of quality assurance, quality control, and inspection services, catering primarily to the oil and gas, construction, and manufacturing industries. With a commitment to excellence, Velosi Vietnam offers a range of unique services, including project management, technical consultancy, and training solutions, all designed to enhance operational efficiency and safety. The company’s strong market position is underscored by its adherence to international standards and a robust portfolio of successful projects, making it a preferred partner for clients seeking reliable and innovative solutions in a competitive landscape.

DitchCarbon Score

How does Velosi Vietnam Co. 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.

49

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Velosi Vietnam Co. Ltd's score of 49 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Velosi Vietnam Co. Ltd's reported carbon emissions

Inherited from Applus Services, S.A.

Velosi Vietnam Co. Ltd, headquartered in Vietnam, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Applus Services, S.A., which means that any climate commitments or emissions data may be inherited from this parent organisation. Velosi Vietnam Co. Ltd is aligned with various climate initiatives cascaded from Applus Services, S.A., including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements have not been disclosed at this level. The company is also involved in the RE100 and CA100 initiatives, although no specific commitments have been reported. As a subsidiary, Velosi Vietnam Co. Ltd's climate strategy is likely influenced by the broader sustainability goals of Applus Services, S.A., which may include industry-standard practices for reducing carbon emissions and enhancing environmental performance. Without specific emissions data or reduction targets, the company's current climate commitments remain vague, but they are expected to align with the overarching goals of their parent organisation.

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201520162017201820192020202120222023
Scope 1
61,910,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000
00,000,000
00,000,000
00,000,000
Scope 2
14,864,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Velosi Vietnam Co. Ltd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Velosi Vietnam Co. Ltd's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Velosi Vietnam Co. Ltd's Location?

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. This request for Velosi Vietnam Co. Ltd is in VN, which we do not have grid emissions data for.

Velosi Vietnam Co. Ltd's Scope 3 Categories Breakdown

Velosi Vietnam Co. Ltd's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 8% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
49%
Employee Commuting
33%
Capital Goods
6%
Business Travel
6%
Fuel and Energy Related Activities
5%
Upstream Transportation & Distribution
<1%

Velosi Vietnam Co. 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.

Velosi Vietnam Co. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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