Virgin Group Ltd, commonly known as Virgin, is a British multinational conglomerate headquartered in Great Britain. Founded in 1970 by Sir Richard Branson, Virgin has expanded its operations across various sectors, including travel, telecommunications, health, and entertainment. The company is renowned for its innovative approach and customer-centric services, with notable brands such as Virgin Atlantic and Virgin Mobile. Over the decades, Virgin has achieved significant milestones, including the launch of Virgin Galactic, which aims to revolutionise space travel. The group's diverse portfolio is distinguished by its commitment to quality and unique customer experiences, positioning it as a leader in the global market. With a strong presence in Europe, North America, and beyond, Virgin continues to push boundaries and redefine industries.
How does Virgin'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.
Mean score of companies in the Business Services 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.
Virgin's score of 8 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Virgin has not publicly reported specific carbon emissions figures for the most recent year. However, the company has made significant climate commitments, aiming for net-zero emissions across all scopes by 2050. Virgin's commitment to achieving net-zero emissions is part of a long-term strategy that began in 2023, reflecting their dedication to addressing climate change. Virgin is actively engaged in setting science-based targets through the Science Based Targets initiative (SBTi), which underscores their commitment to aligning with global climate goals. The company has established a framework for reducing emissions, although specific near-term reduction targets have not been detailed. In summary, while Virgin has not disclosed specific emissions data, their commitment to achieving net-zero emissions by 2050 and participation in the SBTi highlights their proactive approach to tackling climate change and reducing their carbon footprint.
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.
Virgin is committed to some reduction initiatives 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.