VIP Industries Sustainability Profile
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 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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VIP Industries's reported carbon emissions
In 2025, VIP Industries reported total carbon emissions of approximately 12,012,000 kg CO2e for Scope 2 and 129,000 kg CO2e for Scope 1. This marks a significant increase from 2024, where emissions were about 18,248,000 kg CO2e for Scope 2 and 96,000 kg CO2e for Scope 1. In 2023, the company recorded emissions of around 16,431,000 kg CO2e for Scope 2 and 78,000 kg CO2e for Scope 1. VIP Industries has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025, alongside a similar target for Scope 2 emissions. These targets reflect the company's commitment to achieving substantial reductions in its carbon footprint within a near-term timeframe. The emissions data is not cascaded from any parent organization, indicating that VIP Industries is independently reporting its carbon emissions and climate initiatives. The company is actively working towards its climate goals, demonstrating a proactive approach to sustainability in the industry.
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| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Scope 1 | 43,000 | 00,000 | 00,000 | 000,000 |
| Scope 2 | 14,150,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is VIP Industries's Industry?
How Carbon Intensive is VIP Industries's Location?
VIP Industries'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.
VIP Industries 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.
