VIP Industries
VIP Industries Limited, commonly known as VIP, is a leading player in the luggage and travel accessories industry, headquartered in Brazil (BR). Established in 1968, the company has grown to become a prominent name in the market, renowned for its innovative designs and durable products. VIP operates extensively across South America, with a strong presence in Brazil and neighbouring countries. The company offers a diverse range of products, including hard and soft luggage, backpacks, and travel accessories, distinguished by their quality and functionality. VIP Industries has achieved significant milestones, including being one of the first companies in India to introduce moulded luggage. With a commitment to excellence, VIP holds a strong market position, recognised for its reliability and customer satisfaction in the travel sector.
DitchCarbon Score
How does VIP Industries'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 Products 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
VIP Industries's score of 21 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VIP Industries's reported carbon emissions
In 2024, VIP Industries reported total carbon emissions of approximately 18,448,000 kg CO2e, comprising 96,000 kg CO2e from Scope 1 and 18,352,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in emissions compared to 2023, when the company recorded about 16,431,000 kg CO2e, with 78,000 kg CO2e from Scope 1 and 16,353,000 kg CO2e from Scope 2. VIP Industries has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025, as well as its Scope 2 emissions to near zero within the same timeframe. These targets demonstrate the company's proactive approach to mitigating its carbon footprint and aligning with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, VIP Industries is focused on significant reductions in its direct and indirect emissions, reflecting a commitment to sustainability and climate responsibility.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 78,000 | 00,000 | 00,000 |
| Scope 2 | 16,431,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
VIP Industries 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.
