Vestel Elektronik Sanayi Ve Ticaret
Vestel Elektronik Sanayi Ve Ticaret, commonly known as Vestel, is a prominent player in the retail trade services sector, excluding motor vehicles and motorcycles, as well as in the repair services of personal and household goods. Headquartered in Turkey, Vestel has established a significant presence across various regions, focusing on delivering high-quality consumer electronics and home appliances.
Founded in 1984, Vestel has achieved notable milestones, including becoming one of the leading manufacturers in its industry. The company is renowned for its innovative products, which include televisions, white goods, and smart home devices, distinguished by their cutting-edge technology and energy efficiency. With a strong market position, Vestel continues to expand its footprint, contributing to the evolution of retail trade services in Turkey and beyond.
+31 vs industry average
Vestel Elektronik Sanayi Ve Ticaret’s score of 65 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vestel Elektronik Sanayi Ve Ticaret's reported carbon emissions
Vestel Elektronik Sanayi Ve Ticaret: Carbon Emissions and Climate Commitments
Vestel Elektronik Sanayi Ve Ticaret, operating within the retail trade and repair services sector (industry code 52) from its headquarters in Turkey (TR), has reported its carbon emissions for the fiscal year 2024.
In 2024, the company's total greenhouse gas emissions were approximately 11.3 billion kg CO2e. This figure comprises Scope 1 emissions of approximately 17.4 million kg CO2e, Scope 2 emissions of approximately 103 million kg CO2e, and Scope 3 emissions amounting to about 11.2 billion kg CO2e. A significant portion of Scope 3 emissions, approximately 10.2 billion kg CO2e, stems from the use of sold products.
Looking at the previous year, 2023, Vestel Elektronik Sanayi Ve Ticaret reported total emissions of approximately 12.2 billion kg CO2e. This included Scope 1 emissions of about 19.2 million kg CO2e, Scope 2 emissions of approximately 112.6 million kg CO2e, and Scope 3 emissions of around 12 billion kg CO2e.
Vestel Elektronik Sanayi Ve Ticaret is committed to climate action and has set ambitious reduction targets. The company aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as a baseline. This target is in line with the Science Based Targets initiative's (SBTi) 1.5 degree scenario. Furthermore, Vestel Elektronik aims to achieve a 25% reduction in Scope 3 emissions from the use of sold products by 2030, also aligned with the SBTi. The company has also set a long-term goal to achieve net zero emissions across its entire value chain by 2050. These targets are derived from the SBTi, with data cascaded from Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi.
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Vestel Elektronik Sanayi Ve Ticaret’s Climate Goals (2030 & 2050)
5 goals2030
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.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 5 climate goals
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Vestel Elektronik Sanayi Ve Ticaret’s sustainability data and climate commitments
Data year: 2024
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