Volta Inc. Sustainability Profile
Volta Inc., commonly referred to as Volta, is a leading player in the electric vehicle (EV) charging industry, headquartered in the United States. Founded in 2010, the company has established a significant presence across major operational regions, focusing on providing innovative charging solutions that cater to the growing demand for sustainable transportation. Volta's core offerings include strategically located EV charging stations that are uniquely designed to enhance the user experience while promoting brand visibility for retail partners. The company has achieved notable milestones, including partnerships with various businesses to expand its network, positioning itself as a key contributor to the transition towards electric mobility. With a commitment to sustainability and cutting-edge technology, Volta continues to shape the future of EV charging infrastructure.
DitchCarbon Score
How does Volta Inc.'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 Electrical Machinery Manufacturing 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
Volta Inc.'s score of 27 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volta Inc.'s reported carbon emissions
In 2022, Volta Inc. reported total carbon emissions of approximately 65,220,110 kg CO2e. This figure includes Scope 1 emissions of about 7,744,750 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 34,085,440 kg CO2e, calculated on a market-based approach. Additionally, Scope 3 emissions were reported at around 23,251,000 kg CO2e. Comparatively, in 2021, the company’s total emissions were about 43,647,000 kg CO2e, with Scope 1 emissions at approximately 9,722,000 kg CO2e, Scope 2 emissions at around 18,626,000 kg CO2e (market-based), and Scope 3 emissions at about 15,298,000 kg CO2e. Despite these figures, Volta Inc. has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets indicates a potential area for future development in their sustainability strategy. Overall, Volta Inc. is positioned within a growing industry context that increasingly prioritises carbon reduction and climate accountability, yet it currently lacks formalised commitments to reduce its carbon footprint.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 9,722,000 | 0,000,000 |
| Scope 2 | 18,626,000 | 00,000,000 |
| Scope 3 | 15,298,000 | 00,000,000 |
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Volta Inc.'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.
Volta Inc. 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.
