Vishay Precision Group, Inc. Sustainability Profile
Vishay Precision Group, Inc. (VPG) is a leading provider of precision measurement solutions, headquartered in the United States. Founded in 2005, the company has established itself as a key player in the sensor and measurement industry, with a strong presence in North America, Europe, and Asia. VPG specialises in high-performance strain gage technology, load cells, and other precision sensors, which are renowned for their accuracy and reliability. With a commitment to innovation, VPG has achieved significant milestones, including the development of advanced sensor technologies that cater to various applications, from industrial weighing to aerospace. The company’s unique offerings, such as its proprietary strain gage designs, set it apart in a competitive market. VPG's dedication to quality and precision has solidified its position as a trusted partner for customers seeking cutting-edge measurement solutions.
DitchCarbon Score
How does Vishay Precision Group, 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 Communication 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
Vishay Precision Group, Inc.'s score of 28 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vishay Precision Group, Inc.'s reported carbon emissions
In 2023, Vishay Precision Group, Inc. reported total carbon emissions of approximately 12,740,200 kg CO2e for Scope 1 and about 12,722,500 kg CO2e for Scope 2. The company has set ambitious reduction targets, aiming for a 15% decrease in worldwide energy use intensity by 2024 compared to 2021 levels, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects VPG's proactive approach to climate action, focusing on improving energy efficiency across its operations. The emissions data indicates a significant commitment to transparency, with both Scope 1 and Scope 2 emissions disclosed. However, there is currently no data available for Scope 3 emissions. VPG's initiatives align with industry standards for climate responsibility, demonstrating a clear pathway towards reducing its carbon footprint while maintaining operational efficiency.
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| 2023 | |
|---|---|
| Scope 1 | 12,740,200 |
| Scope 2 | 12,722,500 |
| Scope 3 | - |
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Vishay Precision Group, 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.
Vishay Precision Group, 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.
