Volkswagen Finance Overseas B.V.
Volkswagen Finance Overseas B.V., commonly referred to as VW Finance, is a prominent financial services provider headquartered in the Netherlands. Established in 2001, the company operates primarily across Europe, offering tailored financial solutions to support the automotive sector, particularly for Volkswagen Group brands. Specialising in vehicle financing, leasing, and insurance services, VW Finance distinguishes itself through innovative products designed to enhance customer experience and accessibility. With a strong market position, the company has achieved significant milestones, including expanding its service offerings to meet the evolving needs of consumers and businesses alike. As a key player in the automotive finance industry, Volkswagen Finance Overseas B.V. continues to contribute to the growth and sustainability of the Volkswagen Group, reinforcing its commitment to excellence and customer satisfaction.
DitchCarbon Score
How does Volkswagen Finance Overseas B.V.'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 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
Volkswagen Finance Overseas B.V.'s score of 42 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volkswagen Finance Overseas B.V., headquartered in the Netherlands, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Volkswagen AG, which cascades its climate commitments and targets down through its corporate family structure. While no direct emissions data is available, Volkswagen AG has established various climate initiatives that influence Volkswagen Finance Overseas B.V.'s commitments. These include targets set under the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are cascaded from Volkswagen AG at a level 2 relationship. Additionally, the organisation is involved in the Climate Action 100+ initiative, also inherited from Volkswagen AG. As a subsidiary, Volkswagen Finance Overseas B.V. aligns with the broader sustainability goals of its parent company, which aims to significantly reduce its carbon footprint across all scopes of emissions. However, specific reduction targets or achievements for Volkswagen Finance Overseas B.V. have not been disclosed. In summary, while Volkswagen Finance Overseas B.V. does not provide specific emissions data or reduction targets, it is committed to the climate initiatives and targets set by its parent company, Volkswagen AG, reflecting a corporate-wide dedication to sustainability and climate action.
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| 2022 | |
|---|---|
| Scope 1 | 261,912 |
| Scope 2 | 43,090 |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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.
Volkswagen Finance Overseas B.V. is not participating in any of the initiatives that 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.
