Vix Ip Sustainability Profile
Vix IP, a leading provider in the transport technology sector, is headquartered in Australia and operates extensively across various regions, including North America and Europe. Founded in 1988, Vix has established itself as a pioneer in smart ticketing and integrated transport solutions, catering to public transport authorities and operators worldwide. The company offers a range of innovative products and services, including advanced fare collection systems and real-time passenger information solutions. Vix IP's unique approach combines cutting-edge technology with user-friendly interfaces, enhancing the overall travel experience. With a strong market position, Vix has achieved significant milestones, including partnerships with major transit agencies and recognition for its contributions to sustainable transport solutions.
DitchCarbon Score
How does Vix Ip'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 Computer 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
Vix Ip's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vix Ip's reported carbon emissions
In 2022, Vix Ip reported total carbon emissions of approximately 162,014 kg CO2e. This figure includes 92,740 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,500 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 78,880 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Comparatively, in 2020, Vix Ip's total emissions were approximately 117,284 kg CO2e, with Scope 1 emissions at 1,040 kg CO2e, Scope 2 emissions at 23,350 kg CO2e, and Scope 3 emissions at 97,290 kg CO2e. This indicates a significant increase in total emissions over the two-year period. Vix Ip has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) nor does it have a climate pledge documented. The absence of formal reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As Vix Ip operates in the technology sector, it is essential for the company to address its carbon footprint, particularly given the increasing scrutiny on corporate sustainability practices.
How Carbon Intensive is Vix Ip's Industry?
How Carbon Intensive is Vix Ip's Location?
Vix Ip'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.
Vix Ip 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.
