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OrganisationsVestel Elektronik Sanayi Ve Ticaret
Vestel Elektronik Sanayi Ve Ticaret logo

Vestel Elektronik Sanayi Ve Ticaret

Retail Trade ServicesTürkiyeIST: VESTL.IS
Last verified 8 months agovestelinternational.com

Vestel Elektronik Sanayi ve Ticaret, commonly known as Vestel, is a prominent player in the consumer electronics and home appliances industry, headquartered in Turkey (TR). Founded in 1984, the company has established itself as a leader in the production of televisions, white goods, and various electronic devices, catering to both domestic and international markets.

With a strong presence in Europe and beyond, Vestel is renowned for its innovative technology and commitment to quality. The company’s core offerings include smart TVs, refrigerators, and washing machines, distinguished by their energy efficiency and cutting-edge features. Vestel's dedication to research and development has led to significant milestones, positioning it as a key competitor in the global market. Notably, Vestel has received accolades for its sustainable practices and advanced manufacturing capabilities, solidifying its reputation as a forward-thinking enterprise in the electronics sector.

64
DitchCarbon score

+29 vs industry average

Vestel Elektronik Sanayi Ve Ticaret’s score of 64 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Vestel Elektronik Sanayi Ve Ticaret’s sustainability team

Paula Guimaraes

Paula Guimaraes

Director of Sustainability

Patrícia Nunes

Patrícia Nunes

Sustainability Specialist

Industry Intensity

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.097
20192025

The Retail Trade Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Vestel Elektronik Sanayi Ve Ticaret's reported carbon emissions

In 2024, Vestel Elektronik Sanayi ve Ticaret reported total carbon emissions of approximately 11.2 billion kg CO2e, comprising 17,388,000 kg CO2e from Scope 1, 102,990,000 kg CO2e from Scope 2, and 11,164,690,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2021 baseline. Additionally, they are targeting a 25% reduction in Scope 3 emissions related to the use of sold products within the same timeframe. Vestel's targets align with the Science Based Targets initiative (SBTi) and are designed to support a transition to a net-zero economy by 2050. The company is committed to achieving net-zero emissions across all scopes by 2050, demonstrating a comprehensive approach to climate action. These commitments reflect Vestel's dedication to sustainability and its role in reducing greenhouse gas emissions within the consumer durables sector.

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Vestel Elektronik Sanayi Ve Ticaret’s Climate Goals (2030 & 2050)

5 goals

2030

42% reduction in all scopes

Our Scope 1 and 2 targets, which include a 42% reduction by 2030 in line with the SBTi 1.5 degree scenario, are in place and ongoing.

At risk42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

8 of 15 categories disclosed
Use of Sold Products92%
Upstream Transportation & Distribution1%
Downstream Transportation & Distribution1%
Capital Goods0%
Upstream Leased Assets0%
Purchased Goods & Services0%
Employee Commuting0%
Business Travel0%
Use of Sold Products92%
Upstream Transportation & Distribution1%
Downstream Transportation & Distribution1%
Capital Goods0%
Upstream Leased Assets0%
Purchased Goods & Services0%
Employee Commuting0%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Vestel Elektronik Sanayi Ve Ticaret logoVestel Elektronik Sanayi Ve Ticaret
TRRetail Trade Services
8 months ago
64
Panasonic logoPanasonic
JPElectrical Machinery Manufacturing
9 days ago
100
View
Sony logoSony
JPCommunication Equipment Manufacturing
9 days ago
75
View
Beko plc logoBeko plc
GBElectrical Machinery Manufacturing
9 days ago
72
View
Arcelik logoArcelik
TRFurniture Manufacturing
2 days ago
69
View
Electrolux logoElectrolux
SEFurniture Manufacturing
10 days ago
68
View
LG Electronics Inc. logoLG Electronics Inc.
KRElectrical Machinery Manufacturing
10 days ago
66
View

Frequently asked questions

Common questions about Vestel Elektronik Sanayi Ve Ticaret’s sustainability data and climate commitments

In 2024, Vestel Elektronik Sanayi Ve Ticaret reported total carbon emissions of approximately 11.2 billion kg CO₂e. This figure includes around 17 million kg CO₂e from Scope 1, roughly 103 million kg CO₂e from Scope 2, and nearly 11.2 billion kg CO₂e from Scope 3 emissions. The vast majority of emissions stem from Scope 3, highlighting the significant impact of the company's supply chain and product usage on its overall carbon footprint.

Data year: 2024

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