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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.
+29 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.
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 Elektronik Sanayi Ve Ticaret reported total emissions of approximately 11.28 billion kg CO2e in 2024. This included approximately 17.39 million kg CO2e from Scope 1, 102.99 million kg CO2e from Scope 2, and 11.16 billion kg CO2e from Scope 3 emissions.
The company has set several climate commitments. Vestel Elektronik Sanayi Ve Ticaret, whose climate data is inherited from its parent company Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, has near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, from a 2021 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions from the use of sold products by 25% within the same timeframe. These targets are consistent with reductions required to keep warming to 1.5°C. Vestel Elektronik Sanayi Ve Ticaret is also committed to achieving net-zero emissions across its entire value chain, covering all scopes, by 2050.
2030
42% reduction in Scope 1
Vestel Elektronik 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 Elektronik Sanayi ve Ticaret AŞ commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2021 base year.
2030
25% reduction in scope 3 downstream
Vestel Elektronik Sanayi ve Ticaret AŞ also commits to reduce absolute scope 3 GHG emissions from use of sold products 25% within the same t…
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