Virgin Holdings Limited Sustainability Profile
Virgin Holdings Limited, headquartered in Great Britain, is a prominent player in the global business landscape, known for its diverse portfolio across various industries. Founded in 1970, the company has evolved significantly, establishing a strong presence in sectors such as travel, telecommunications, and entertainment. With a commitment to innovation, Virgin Holdings offers unique services, including Virgin Atlantic's premium airline experience and Virgin Mobile's flexible telecommunications solutions. The company has achieved notable milestones, including expanding its operations into key markets across Europe, North America, and Asia. Recognised for its customer-centric approach and strong brand identity, Virgin Holdings Limited continues to maintain a competitive edge, making it a leader in the industries it serves.
DitchCarbon Score
How does Virgin Holdings Limited'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 Real Estate 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.
Industry Benchmark
Virgin Holdings Limited's score of 33 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Virgin Holdings Limited's reported carbon emissions
In 2024, Virgin Holdings Limited reported total carbon emissions of approximately 22,000 kg CO2e, with no Scope 1 emissions and Scope 2 emissions of 22,000 kg CO2e (market-based). This represents a significant increase from 2023, when the company recorded total emissions of approximately 14,000 kg CO2e, comprising 1,000 kg CO2e from Scope 1 and 13,000 kg CO2e from Scope 2 (market-based). Virgin Holdings Limited has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2050, using 2023 as the base year. Additionally, the company has committed to a 50% reduction in these emissions by 2030. Furthermore, Virgin Holdings Limited plans to reduce its absolute Scope 3 emissions by 90% within the same timeframe. The company is also committed to reaching net-zero greenhouse gas emissions across its value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices within the professional services sector.
How Carbon Intensive is Virgin Holdings Limited's Industry?
How Carbon Intensive is Virgin Holdings Limited's Location?
Virgin Holdings Limited'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.
Virgin Holdings Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Virgin Holdings Limited's sustainability data and climate commitments