Veritas SpA Sustainability Profile
Veritas SpA, a leading player in the waste management and environmental services industry, is headquartered in Italy. Founded in 2000, the company has established a strong presence across various regions, focusing on sustainable waste solutions and resource recovery. Veritas SpA is renowned for its innovative approach to waste collection, treatment, and recycling, setting it apart from competitors. With a commitment to environmental sustainability, Veritas SpA offers a range of core services, including waste management, environmental consulting, and energy recovery. The company has achieved significant milestones, positioning itself as a trusted partner for municipalities and businesses alike. Veritas SpA's dedication to quality and sustainability has earned it a prominent market position, making it a key player in the Italian waste management sector.
DitchCarbon Score
How does Veritas SpA'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 Construction Work 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
Veritas SpA's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Veritas SpA's reported carbon emissions
In 2024, Veritas SpA reported total carbon emissions of approximately 1,883,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 67,738,000 kg CO2e, while Scope 2 emissions totalled approximately 61,820,000 kg CO2e (market-based) and 38,037,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, which accounted for about 1,863,516,000 kg CO2e, including employee commuting emissions of approximately 4,631,000 kg CO2e and upstream transportation and distribution emissions of about 3,158,000 kg CO2e. In 2023, the emissions data mirrored that of 2024, with total emissions also around 1,883,000,000 kg CO2e, indicating a consistent emission profile. In 2022, total emissions were reported at approximately 292,413,000 kg CO2e, with Scope 1 emissions at about 161,260,000 kg CO2e, Scope 2 at approximately 40,893,000 kg CO2e, and Scope 3 at about 39,932,000 kg CO2e. Veritas SpA has not set specific reduction targets or initiatives, as indicated by the absence of SBTi reduction targets or documented climate pledges. The company’s emissions data is not cascaded from any parent organisation, reflecting its independent reporting status. Overall, Veritas SpA's emissions profile highlights the need for enhanced climate commitments and reduction strategies to address its substantial carbon footprint.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 161,260,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 40,893,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 39,932,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Veritas SpA's Industry?
How Carbon Intensive is Veritas SpA's Location?
Veritas SpA's Scope 3 Categories Breakdown
Veritas SpA's Scope 3 emissions, which increased by 0% last year and increased significantly since 2022, 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 detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Veritas SpA'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.
Veritas SpA 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.
