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Chemicals
US
updated a month ago

Virent Energy Systems, Inc.

Company website

Virent Energy Systems, Inc., a pioneering name in the renewable energy sector, is headquartered in the United States. Founded in 2008, the company has established itself as a leader in the development of advanced biofuels and renewable chemicals, focusing on sustainable solutions for the energy industry. Virent's innovative technology converts biomass into high-performance fuels, setting it apart from traditional methods. With a commitment to reducing carbon emissions, the company has achieved significant milestones, including partnerships with major industry players and successful pilot projects. Recognised for its contributions to the bioenergy landscape, Virent continues to position itself at the forefront of the market, driving the transition towards a more sustainable future.

DitchCarbon Score

How does Virent Energy Systems, Inc.'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.

36

Industry Average

Mean score of companies in the Chemicals 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.

22

Industry Benchmark

Virent Energy Systems, Inc.'s score of 36 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Virent Energy Systems, Inc.'s reported carbon emissions

Inherited from Marathon Petroleum Corporation

Virent Energy Systems, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Marathon Petroleum Corporation, which may influence its climate commitments and emissions reporting. While there are no direct emissions targets or reduction initiatives listed for Virent Energy Systems, it is important to note that emissions data and climate strategies may be inherited from its parent company, Marathon Petroleum Corporation. This relationship suggests that any climate commitments or performance metrics could be aligned with those of Marathon Petroleum, which is known for its efforts in sustainability and emissions reduction. As of now, Virent Energy Systems has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The lack of reported emissions data and defined climate pledges indicates that the company may still be in the early stages of developing its climate strategy. In summary, while Virent Energy Systems, Inc. does not currently provide emissions data or specific climate commitments, its affiliation with Marathon Petroleum Corporation may play a significant role in shaping its future sustainability efforts.

Unlock detailed emissions data

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

2014201520162017201820192020202120222023
Scope 1
35,010,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
Scope 2
7,140,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
-
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Virent Energy Systems, Inc.'s primary industry is Chemicals nec, which is high 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 Virent Energy Systems, Inc. is in US, which has a low 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.

Virent Energy Systems, Inc. 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

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