Volkswagen Financial Services (UK) Limited
Volkswagen Financial Services (UK) Limited, a key subsidiary of the Volkswagen Group, is headquartered in Great Britain and operates extensively across the UK. Established in 2000, the company has become a prominent player in the automotive finance industry, providing tailored financial solutions to customers and dealers alike. Specialising in vehicle financing, leasing, and insurance services, Volkswagen Financial Services stands out for its innovative products designed to enhance the customer experience. Their offerings include personal contract purchase (PCP) plans and business leasing options, catering to a diverse clientele. With a strong market position, Volkswagen Financial Services (UK) Limited has achieved significant milestones, including a robust portfolio that supports the sales of Volkswagen, Audi, SEAT, and ŠKODA vehicles. Their commitment to customer satisfaction and financial flexibility continues to drive their success in the competitive automotive finance landscape.
DitchCarbon Score
How does Volkswagen Financial Services (UK) 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 Financial Intermediation 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 Financial Services (UK) Limited's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Volkswagen Financial Services (UK) Limited's reported carbon emissions
In 2022, Volkswagen Financial Services (UK) Limited reported total carbon emissions of approximately 1,559,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 4,460,000,000 kg CO2e, Scope 2 emissions totalled around 2,110,000,000 kg CO2e, and Scope 3 emissions reached approximately 287,770,000,000 kg CO2e. In 2021, the company recorded total emissions of about 1,913,000 kg CO2e, with Scope 1 emissions at approximately 4,670,000,000 kg CO2e, Scope 2 at around 2,410,000,000 kg CO2e, and Scope 3 emissions at about 279,380,000,000 kg CO2e. The data indicates a consistent level of emissions across the years, with no specific reduction targets or significant achievements reported in their climate commitments. The absence of documented reduction initiatives suggests that Volkswagen Financial Services (UK) Limited may still be in the early stages of formalising its climate strategy. Overall, the company operates within a challenging industry context, where substantial efforts are required to address carbon emissions and align with global climate goals.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,340,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,800,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 411,130,000,000 | 000,000,000,000 | 000,000,000,000 |
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 Financial Services (UK) Limited 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.
