Virgin Holdings Limited
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 31 is higher than 61% 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
Virgin Holdings Limited, headquartered in Great Britain, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established a comprehensive framework for its greenhouse gas (GHG) reduction targets. Virgin Holdings Limited has committed to achieving net-zero GHG emissions across its entire value chain by 2050. This commitment includes near-term targets to reduce absolute Scope 1 and Scope 2 emissions by 50% by 2030, using 2023 as the base year. Furthermore, the company aims for a substantial long-term reduction of 90% in both Scope 1 and Scope 2 emissions by 2050. Additionally, Virgin Holdings Limited has set a target to reduce absolute Scope 3 emissions by 90% within the same timeframe. The company has also pledged that by 2029, 68% of its licensees, covering franchises, will have science-based targets in place. These targets are aligned with the 1.5°C climate goal, ensuring that the reductions are consistent with the necessary actions to mitigate climate change. Overall, Virgin Holdings Limited's climate strategy reflects a strong commitment to sustainability and responsible corporate governance, positioning the company as a proactive player in the professional services sector's transition to a low-carbon economy.
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.
Virgin Holdings Limited is participating in some 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.
