Victoria Power Networks Pty Ltd Sustainability Profile
Victoria Power Networks Pty Ltd, commonly referred to as Victoria Power Networks, is a leading electricity distribution company headquartered in Australia. Established in 2000, the company has made significant strides in the energy sector, primarily serving the Victoria region and surrounding areas. Specialising in the distribution of electricity, Victoria Power Networks is committed to delivering reliable and sustainable energy solutions. Their core services include network management, maintenance, and customer support, all designed to enhance the efficiency and safety of power delivery. With a strong market position, Victoria Power Networks has been recognised for its innovative approaches to energy distribution and commitment to sustainability, making it a key player in Australia's energy landscape.
DitchCarbon Score
How does Victoria Power Networks 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.
Industry Average
Mean score of companies in the Electricity Transmission 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
Victoria Power Networks Pty Ltd's score of 15 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Victoria Power Networks Pty Ltd's reported carbon emissions
In 2024, Victoria Power Networks Pty Ltd reported significant carbon emissions, totalling approximately 188,000,000 kg CO2e, all of which fall under Scope 3 emissions. The breakdown of these emissions includes capital goods (68,803,000 kg CO2e), purchased goods and services (69,058,000 kg CO2e), and fuel and energy-related activities (40,234,000 kg CO2e), among others. Victoria Power Networks has set ambitious climate commitments, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using a 2019 baseline of 1,200,000 kg CO2e. Additionally, the company has established a long-term target to achieve Net Zero for Scope 1 and Scope 2 emissions by 2050, reflecting its commitment to sustainable practices and climate action. These initiatives underscore Victoria Power Networks' proactive approach to addressing its carbon footprint and contributing to broader climate goals.
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| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 188,000,000 |
How Carbon Intensive is Victoria Power Networks Pty Ltd's Industry?
How Carbon Intensive is Victoria Power Networks Pty Ltd's Location?
Victoria Power Networks Pty Ltd's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 37% of Scope 3 emissions.
Top Scope 3 Categories
Victoria Power Networks Pty Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Victoria Power Networks Pty Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
