Public Profile

Vernova

Vernova, a leading player in the energy sector, is headquartered in the United States and operates across various regions, focusing on sustainable energy solutions. Founded in recent years, the company has quickly established itself as a pioneer in renewable energy technologies, emphasising innovation and efficiency. Specialising in advanced energy management systems and clean energy solutions, Vernova distinguishes itself through its commitment to reducing carbon footprints and enhancing energy efficiency. The company’s unique approach integrates cutting-edge technology with user-friendly applications, making it a preferred choice for businesses seeking to optimise their energy consumption. With a strong market position, Vernova has achieved notable milestones, including partnerships with key industry stakeholders and recognition for its contributions to sustainable practices. As the demand for renewable energy continues to grow, Vernova remains at the forefront, driving the transition towards a greener future.

DitchCarbon Score

How does Vernova'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.

23

Industry Average

Mean score of companies in the Machinery and Equipment 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.

1

Industry Benchmark

Vernova's score of 23 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Vernova's reported carbon emissions

In 2023, Vernova reported total carbon emissions of approximately 367,595,000 kg CO2e for Scope 1, 239,588,000 kg CO2e for Scope 2, and 414,000,000,000 kg CO2e for Scope 3. This reflects a significant increase in Scope 1 emissions compared to 2022, where they were about 512,753,000 kg CO2e, and a slight decrease in Scope 2 emissions from 299,566,000 kg CO2e. The Scope 3 emissions also rose from approximately 318,000,000,000 kg CO2e in 2022. Vernova's total emissions for Scope 1 and 2 combined were approximately 539,155,000 kg CO2e on a market-based approach. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Overall, Vernova's emissions data highlights the ongoing challenges in managing carbon outputs, particularly in Scope 3, which encompasses emissions from the use of sold products, amounting to about 1,118,000,000,000 kg CO2e. As the company continues to navigate its climate impact, further commitments and strategies may be necessary to align with industry standards and expectations.

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201920222023
Scope 1
299,566,000
000,000,000
000,000,000
Scope 2
299,566,000
000,000,000
000,000,000
Scope 3
337,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vernova's primary industry is Machinery and equipment n.e.c. (29), which is medium 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. Vernova is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

Vernova is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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