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Financial Intermediation
AU
updated 6 months ago

Victoria Power Networks (Finance) Pty Ltd

Company website

Victoria Power Networks (Finance) Pty Ltd, commonly referred to as Victoria Power Networks, is a leading player in the Australian energy sector, headquartered in Melbourne, Australia. Established in 2005, the company has made significant strides in providing reliable electricity distribution services across Victoria, particularly in urban and regional areas. Specialising in the management and operation of electricity networks, Victoria Power Networks is committed to delivering innovative solutions that enhance energy efficiency and sustainability. Their core services include network management, asset maintenance, and customer support, all designed to ensure a seamless energy supply for residential and commercial clients. With a strong market position, Victoria Power Networks has been recognised for its commitment to safety and reliability, achieving numerous industry accolades. The company continues to play a pivotal role in shaping the future of energy distribution in Australia, focusing on smart grid technologies and renewable energy integration.

DitchCarbon Score

How does Victoria Power Networks (Finance) Pty Ltd'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.

16

Industry Average

Mean score of companies in the Financial Intermediation 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.

28

Industry Benchmark

Victoria Power Networks (Finance) Pty Ltd's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Victoria Power Networks (Finance) Pty Ltd's reported carbon emissions

Inherited from Victoria Power Networks Pty Ltd

Victoria Power Networks (Finance) Pty Ltd currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Victoria Power Networks Pty Ltd, which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from Victoria Power Networks (Finance) Pty Ltd. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the lack of direct emissions data, it is important to note that the company may inherit climate commitments and performance metrics from its parent organization, Victoria Power Networks Pty Ltd. This relationship could potentially provide a framework for future emissions reporting and sustainability initiatives. In summary, while Victoria Power Networks (Finance) Pty Ltd does not currently report specific emissions figures or reduction targets, its affiliation with Victoria Power Networks Pty Ltd may play a crucial role in shaping its future climate commitments and performance.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
-
-
-
-
0,000,000
-
Scope 2
-
-
-
-
-
-
Scope 3
-
-
-
-
-
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Victoria Power Networks (Finance) Pty Ltd's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Victoria Power Networks (Finance) Pty Ltd is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Victoria Power Networks (Finance) Pty Ltd is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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