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Vestel Beyaz Eşya Sanayi ve Ticaret, headquartered in Turkey, is a prominent player in the retail trade services sector, specifically focusing on the repair services of personal and household goods. Established in 1994, the company has made significant strides in the industry, becoming a trusted name in the market.
With a diverse range of core products, including home appliances and consumer electronics, Vestel distinguishes itself through innovative technology and quality craftsmanship. The company operates extensively across Turkey and has expanded its reach into various international markets, solidifying its position as a leader in the sector. Notable achievements include a commitment to sustainability and energy efficiency, which resonate with modern consumer values.
+10 vs industry average
Vestel Beyaz Esya Sanayi Ve Ticaret’s score of 46 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Vestel Beyaz Esya Sanayi Ve Ticaret, headquartered in Turkey and operating in the retail trade and repair services sector, reported a total of approximately 10.57 billion kg CO2e in 2023. This figure is comprised of Scope 1 emissions totalling about 16.08 million kg CO2e, Scope 2 emissions of approximately 60.96 million kg CO2e, and substantial Scope 3 emissions amounting to about 10.49 billion kg CO2e.
In 2022, the company's total emissions were approximately 12.21 billion kg CO2e, with Scope 1 at about 16.69 million kg CO2e, Scope 2 at approximately 58.30 million kg CO2e, and Scope 3 at about 12.14 billion kg CO2e.
Vestel Beyaz Esya Sanayi Ve Ticaret has established climate commitments, including a near-term target to reduce Scope 1 and 2 emissions by 42% by 2030, using 2021 as the baseline year. This aligns with the Science Based Targets initiative (SBTi) and the 1.5-degree scenario. Furthermore, the company aims for a 25% reduction in Scope 3 emissions from the use of sold products (Category 11) by 2030, also based on the 2021 baseline. This Category 11 represents a significant portion, approximately 91.8%, of the company's total Scope 3 emissions. Vestel Beyaz Esya Sanayi Ve Ticaret is actively integrating its financial planning with its climate transition plan, focusing on capital expenditures for renewable energy, energy-efficient production, and product improvements to achieve these decarbonisation targets.
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2030
25% reduction in scope 3 downstream
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ also commits to reduce absolute scope 3 GHG emissions from use of sold products 25% within the same t…
2030
42% reduction in Scope 1
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ commits to reduce absolute scope 1 GHG emissions 42% by 2030 from a 2021 base year.
2030
42% reduction in Scope 2
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2021 base year.
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