Vítkovice, a.s. Sustainability Profile
Vítkovice, a.s., headquartered in Ostrava, Czech Republic, is a prominent player in the engineering and manufacturing industry. Founded in 1828, the company has evolved significantly, marking key milestones in the development of heavy machinery and industrial equipment. Vítkovice operates primarily in the Czech Republic and has expanded its reach into various international markets. Specialising in the production of steel structures, energy equipment, and railway technology, Vítkovice stands out for its commitment to innovation and quality. The company’s unique approach combines traditional craftsmanship with modern technology, ensuring high-performance products tailored to diverse industrial needs. With a strong market position, Vítkovice has garnered recognition for its contributions to the engineering sector, solidifying its reputation as a leader in the field.
DitchCarbon Score
How does Vítkovice, a.s.'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 Iron and Steel Production 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
Vítkovice, a.s.'s score of 3 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vítkovice, a.s.'s reported carbon emissions
In 2022, Vítkovice, a.s. reported total carbon emissions of approximately 5.3 billion kg CO2e, comprising 2,532,338,000 kg CO2e from Scope 1, 961,000 kg CO2e from Scope 2, and 2,532,338,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily attributed to purchased goods and services, which accounted for the entirety of the Scope 3 total. Comparatively, in 2021, the company recorded total emissions of approximately 5.5 billion kg CO2e, with Scope 1 emissions at 2,576,490,000 kg CO2e, Scope 2 at 393,000 kg CO2e, and Scope 3 also at 2,576,490,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Vítkovice, a.s. has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The company is classified as a current subsidiary, and emissions data is cascaded from its corporate family, specifically from Vítkovice, a.s. itself. Overall, while Vítkovice, a.s. has made strides in tracking its emissions, further clarity on reduction strategies and commitments would enhance its sustainability profile.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,576,490,000 | 0,000,000,000 |
| Scope 2 | 393,000 | 000,000 |
| Scope 3 | 2,576,490,000 | 0,000,000,000 |
How Carbon Intensive is Vítkovice, a.s.'s Industry?
How Carbon Intensive is Vítkovice, a.s.'s Location?
Vítkovice, a.s.'s Scope 3 Categories Breakdown
Vítkovice, a.s.'s Scope 3 emissions, which decreased by 2% last year and decreased by approximately 2% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Vítkovice, a.s.'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.
Vítkovice, a.s. 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.
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