Virgin Orbit Holdings, Inc.
Virgin Orbit Holdings, Inc., a prominent player in the aerospace industry, is headquartered in the United States. Founded in 2017, the company has quickly established itself as a leader in providing launch services for small satellites, utilising its innovative air-launch system. This unique approach involves launching rockets from modified aircraft, allowing for greater flexibility and accessibility in satellite deployment. With operations primarily based in California, Virgin Orbit has achieved significant milestones, including successful orbital launches that cater to a diverse range of clients. The company’s flagship product, LauncherOne, stands out for its ability to deliver payloads to various orbits, making it a preferred choice for commercial and government customers alike. As a key player in the growing small satellite market, Virgin Orbit continues to push the boundaries of space access, solidifying its position as a forward-thinking leader in the aerospace sector.
DitchCarbon Score
How does Virgin Orbit Holdings, 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.
Industry Average
Mean score of companies in the Transport Equipment Manufacturing 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 Orbit Holdings, Inc.'s score of 36 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Virgin Orbit Holdings, Inc.'s reported carbon emissions
In 2023, Virgin Orbit Holdings, Inc. reported total carbon emissions of approximately 94,000 kg CO2e, comprising 12,000 kg CO2e from Scope 1 and 83,000 kg CO2e from Scope 3 emissions. The company has shown a slight decrease in emissions from 2022, where total emissions were about 81,000 kg CO2e, with Scope 1 emissions at 14,000 kg CO2e and Scope 3 emissions at 71,000 kg CO2e. Looking at the previous years, in 2021, Virgin Orbit's emissions were significantly higher, totalling approximately 46,000,000 kg CO2e, with Scope 1 emissions at 23,894,000 kg CO2e, Scope 2 at 12,401,000 kg CO2e, and Scope 3 at 8,042,000 kg CO2e. This indicates a substantial reduction in emissions over the years, particularly in Scope 1 and Scope 3 categories. Despite these reductions, Virgin Orbit has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the company is making progress in reducing emissions, there is room for more structured climate commitments and targets in the future.
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Get Started| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | 23,894,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 12,401,000 | - | - | - | - |
| Scope 3 | 8,042,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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 Orbit Holdings, Inc. is not committed to any 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.
