Vivo Energy Limited Sustainability Profile
Vivo Energy Limited, a prominent player in the energy sector, is headquartered in Great Britain and operates extensively across Africa. Founded in 2011, the company has rapidly established itself as a leading distributor and retailer of fuels and lubricants, primarily under the Shell brand. Vivo Energy's core offerings include high-quality fuels, lubricants, and convenience retail services, distinguished by their commitment to sustainability and innovation. With a strong presence in over 23 countries, Vivo Energy has achieved significant milestones, including the expansion of its service stations and the introduction of advanced fuel solutions. The company is recognised for its market leadership in several African regions, driven by a focus on customer satisfaction and operational excellence. As a trusted partner in the energy industry, Vivo Energy continues to shape the future of energy in Africa.
DitchCarbon Score
How does Vivo Energy 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 Motor Vehicle Retail 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
Vivo Energy Limited's score of 47 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vivo Energy Limited's reported carbon emissions
In 2023, Vivo Energy Limited reported total carbon emissions of approximately 10320000 kg CO2e for Scope 1 and about 11670000 kg CO2e for Scope 2, resulting in a combined total of around 21990000 kg CO2e for these scopes. The company also disclosed significant Scope 3 emissions, with the use of sold products contributing approximately 27566500000 kg CO2e, alongside other categories such as purchased goods and services (about 6209660000 kg CO2e) and upstream transportation and distribution (approximately 65090000 kg CO2e). Vivo Energy has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company is committed to reducing its Scope 1 emissions by 30% from 2020 levels by 2030 and has set the same target for Scope 2 emissions. These targets reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data for Vivo Energy is cascaded from its parent company, Vitol Holding B.V., indicating a structured approach to emissions reporting and climate strategy within the corporate family.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 11,220,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,130,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 32,138,060,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Vivo Energy Limited's Industry?
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Vivo Energy Limited's Scope 3 Categories Breakdown
Vivo Energy Limited's Scope 3 emissions, which increased by 1% last year and increased by approximately 6% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 81% of Scope 3 emissions.
Top Scope 3 Categories
Vivo Energy 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.
Vivo Energy Limited 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.
