VIDA
VIDA, officially known as VIDA AB, is a prominent player in the Swedish technology sector, headquartered in Sweden (SE). Founded in 2014, the company has rapidly established itself in the fields of data analytics and artificial intelligence, focusing on delivering innovative solutions that enhance operational efficiency for businesses across various industries. With a strong presence in Europe and North America, VIDA offers a range of core services, including advanced data processing and machine learning applications. What sets VIDA apart is its commitment to harnessing cutting-edge technology to provide tailored solutions that meet the unique needs of its clients. Recognised for its significant contributions to the tech landscape, VIDA has achieved notable milestones, positioning itself as a leader in the data-driven solutions market. The company continues to push the boundaries of innovation, making a lasting impact on the industry.
DitchCarbon Score
How does VIDA'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 Paper Wood Waste Composting 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
VIDA's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VIDA's reported carbon emissions
In 2023, VIDA, headquartered in Sweden (SE), reported its carbon emissions data, which is cascaded from its parent company, Vida AB. The emissions data for VIDA does not specify absolute figures for Scope 1, 2, or 3 emissions, indicating a lack of detailed disclosure in these areas. However, the company has provided production emission factors related to electricity usage, which are approximately 60.0 kg CO2e per cubic metre for the years 2022 and 2023, and 62.0 kg CO2e per cubic metre for 2021 and 2020. The emissions factor for 2018 was slightly higher at about 65.0 kg CO2e per cubic metre. VIDA has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is inherited from its parent organization, Canfor Corporation, which is noted as the source for various climate initiatives. Overall, while VIDA has disclosed some production emission factors, it lacks comprehensive emissions data and specific climate commitments, reflecting a broader industry context where many companies are still developing their sustainability strategies.
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.
VIDA 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.
