Virgin Orbit Holdings, Inc. Sustainability Profile
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 18 is lower than 75% 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 Orbit Holdings, Inc.'s reported carbon emissions
Virgin Orbit Holdings, Inc., headquartered in the US, currently does not have publicly available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, Virgin Orbit's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent company or corporate family. Without specific emissions data or reduction initiatives, it is challenging to assess the company's environmental impact or its commitment to addressing climate change. In the context of the aerospace industry, companies are increasingly focusing on sustainability and emissions reduction, but Virgin Orbit has yet to publicly outline its strategies or targets in this area.
How Carbon Intensive is Virgin Orbit Holdings, Inc.'s Industry?
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Virgin Orbit Holdings, Inc.'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 Orbit Holdings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
