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Maritime Transport
SG
updated 12 days ago

Venture Corp

Company website

Venture Corp, a leading player in the technology and manufacturing sectors, is headquartered in Singapore (SG) and operates extensively across Asia, Europe, and North America. Founded in 1984, the company has achieved significant milestones, including strategic partnerships and expansions that have solidified its market presence. Specialising in advanced manufacturing solutions, Venture Corp offers a diverse range of products and services, including precision engineering, electronics, and healthcare solutions. What sets them apart is their commitment to innovation and quality, ensuring that they meet the evolving needs of their clients. With a strong reputation for excellence, Venture Corp has positioned itself as a trusted partner for global enterprises, consistently delivering high-value solutions that drive operational efficiency and growth. Their dedication to sustainability and technological advancement further enhances their standing in the competitive landscape.

DitchCarbon Score

How does Venture Corp'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.

11

Industry Average

Mean score of companies in the Maritime Transport 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.

7

Industry Benchmark

Venture Corp's score of 11 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Venture Corp's reported carbon emissions

In 2023, Venture Corp reported total carbon emissions of approximately 163,713,000 kg CO2e. This figure includes 2,659,000 kg CO2e from Scope 1 emissions, which consist of 2,405,000 kg CO2e from fugitive emissions and 254,000 kg CO2e from stationary combustion. Scope 2 emissions accounted for about 161,054,000 kg CO2e, with a market-based approach contributing 75,803,000 kg CO2e and a location-based approach contributing 85,251,000 kg CO2e. The combined total for Scope 1 and Scope 2 emissions was approximately 87,910,000 kg CO2e. In comparison, the previous year, 2022, saw total emissions of about 187,594,000 kg CO2e, with Scope 1 emissions at 2,894,000 kg CO2e and Scope 2 emissions at 184,700,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Venture Corp does not currently disclose any Scope 3 emissions data and has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data reported is cascaded from its parent company, Venture Global LNG, Inc., reflecting the corporate family relationship. Overall, while Venture Corp has made strides in reducing its emissions, further commitments and transparency regarding future climate initiatives would enhance its sustainability profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
-
0,000,000
0,000,000
Scope 2
66,158,000
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Venture Corp's primary industry is Sea and coastal water transportation services, which is 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. This request for Venture Corp is in SG, which has a very low grid carbon intensity relative to other regions.

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.

Venture Corp 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.

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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Where does DitchCarbon data come from?

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

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