Vgp
VGP, officially known as VGP NV, is a prominent player in the logistics and real estate sector, headquartered in Belgium. Established in 1998, the company has rapidly expanded its footprint across Europe, with significant operations in countries such as Germany, the Netherlands, and the Czech Republic. VGP focuses on the development and management of high-quality logistics and semi-industrial properties, catering to the growing demand for modern warehousing solutions. What sets VGP apart is its commitment to sustainability and innovation, integrating eco-friendly practices into its projects. The company has achieved notable milestones, including a successful IPO in 2018, which has solidified its market position. With a diverse portfolio of properties and a strong emphasis on customer satisfaction, VGP continues to be a leader in the logistics real estate industry, driving growth and efficiency across its operational regions.
DitchCarbon Score
How does Vgp'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.
Industry Average
Mean score of companies in the Real Estate Services 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.
Industry Benchmark
Vgp's score of 44 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vgp's reported carbon emissions
In 2023, VGP NV reported total carbon emissions of approximately 420,039,000 kg CO2e. This figure includes 924,000 kg CO2e from Scope 1 emissions and 174,000 kg CO2e from Scope 2 emissions. The company has also disclosed significant Scope 3 emissions, although specific figures for 2023 are not provided. VGP's emissions have fluctuated over recent years, with total emissions recorded at approximately 627,757,000 kg CO2e in 2022, 367,858,000 kg CO2e in 2021, and 338,663,000 kg CO2e in 2020. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. VGP NV is committed to measuring and reducing its Scope 3 emissions as part of its broader climate strategy. The company operates in the real estate sector and is headquartered in Belgium, reflecting its dedication to sustainability and climate action within the industry.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 788,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 152,000 | 000,000 | 000,000 | 0,000 | 000,000 |
| Scope 3 | 342,934,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions 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.
Vgp is committed to some 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.
