Public Profile

VNG AG

VNG AG, headquartered in Leipzig, Germany, is a prominent player in the energy sector, specialising in natural gas and renewable energy solutions. Founded in 1990, the company has established itself as a key provider in the European energy market, with significant operations across Germany and Central Europe. VNG AG offers a diverse range of services, including gas trading, storage, and transportation, alongside innovative solutions in the field of renewable energy. Its commitment to sustainability and efficiency sets it apart from competitors, positioning VNG AG as a forward-thinking leader in the industry. With a strong market presence and a focus on strategic partnerships, VNG AG has achieved notable milestones, including significant investments in infrastructure and technology. This dedication to excellence has solidified its reputation as a trusted energy supplier, contributing to a more sustainable energy future.

DitchCarbon Score

How does VNG AG'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.

15

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

VNG AG's score of 15 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

VNG AG's reported carbon emissions

In 2023, VNG AG reported total carbon emissions of approximately 18,715,788,000 kg CO2e, a significant reduction from about 26,528,697,000 kg CO2e in 2022. The emissions breakdown for 2023 includes Scope 1 emissions of about 84,697,000 kg CO2e, Scope 2 emissions of approximately 21,618,000 kg CO2e, and Scope 3 emissions of about 18,715,788,000 kg CO2e. Notably, the company has made strides in reducing its Scope 1 emissions from about 123,266,000 kg CO2e in 2022, indicating a commitment to lowering its direct emissions. Despite these reductions, VNG AG has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of defined reduction targets suggests that while the company is actively reducing emissions, it may not yet have formalised its long-term climate commitments. Overall, VNG AG's emissions data reflects a positive trend towards sustainability, aligning with industry standards for climate action.

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Add to project
20222023
Scope 1
123,266,000
00,000,000
Scope 2
33,734,000
00,000,000
Scope 3
26,528,697,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. VNG AG's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. VNG AG is headquartered in DE, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

VNG AG is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers