Venture Corporation Limited Sustainability Profile
Venture Corporation Limited, often referred to simply as Venture, is a leading global provider of technology solutions headquartered in Singapore (SG). Established in 1984, the company has evolved into a key player in the electronics manufacturing services (EMS) sector, with significant operations across Asia, North America, and Europe. Venture excels in offering a diverse range of services, including product design, engineering, and manufacturing, primarily for industries such as healthcare, industrial, and telecommunications. Its commitment to innovation and quality has positioned it as a trusted partner for many Fortune 500 companies. Notable achievements include a robust portfolio of proprietary technologies and a reputation for delivering customised solutions that meet the unique needs of its clients. With a strong market presence, Venture continues to drive advancements in the technology landscape.
DitchCarbon Score
How does Venture Corporation 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 Communication Equipment Manufacturing 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
Venture Corporation Limited's score of 50 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Venture Corporation Limited's reported carbon emissions
In 2024, Venture Corporation Limited reported total greenhouse gas emissions of approximately 71.7 million kg CO2e, comprising 1,411,000 kg CO2e from Scope 1 and about 70.3 million kg CO2e from Scope 2 emissions. This reflects a significant reduction from 2023, where total emissions were approximately 78.5 million kg CO2e, with Scope 1 emissions at 2,659,000 kg CO2e and Scope 2 emissions at about 75.8 million kg CO2e. Venture has set ambitious climate commitments, aiming for a 42% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using 2022 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and demonstrates the company's commitment to decarbonisation. Additionally, Venture has pledged to achieve net zero GHG emissions by 2050, further solidifying its long-term climate strategy. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. The reduction targets and commitments are crucial steps in addressing climate change and enhancing sustainability within the industry.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,894,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 91,538,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Venture Corporation Limited'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.
Venture Corporation Limited 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.
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