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 39 is higher than 59% 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 to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Virgin Holdings Limited commits to reducing its absolute Scope 1 greenhouse gas (GHG) emissions by 50% by 2030 and by 90% by 2050, using 2023 as the base year. Similarly, it aims to achieve a 50% reduction in absolute Scope 2 emissions by 2030 and a 90% reduction by 2050. In addition to its Scope 1 and 2 targets, Virgin Holdings Limited has also committed to reducing its absolute Scope 3 emissions by 90% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. Furthermore, the company has pledged to reach net-zero GHG emissions across its entire value chain by 2050. This comprehensive approach reflects Virgin Holdings Limited's commitment to sustainability and its proactive stance in addressing climate change. The targets set by Virgin Holdings Limited are part of a broader strategy to engage its licensees, with a goal that 68% of them will have science-based targets by 2029.
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.
