Vp

Vp's reported carbon emissions

Vp plc, headquartered in GB and operating in the "Other services (93)" sector, has outlined significant climate commitments and reported its carbon emissions. **Carbon Emissions:** In 2025, Vp plc reported total global emissions of approximately 357.8 million kg CO2e. This figure is broken down into: * **Scope 1:** Approximately 14.64 million kg CO2e. * **Scope 2:** Approximately 0.22 million kg CO2e (market-based). * **Scope 3:** Approximately 331.03 million kg CO2e, with significant contributions from downstream leased assets (92.82 million kg CO2e), use of sold products (78.98 million kg CO2e), capital goods (75.55 million kg CO2e), and purchased goods and services (68.85 million kg CO2e). For the reporting year 2024, total global emissions were approximately 373.2 million kg CO2e, comprising: * **Scope 1:** Approximately 15.14 million kg CO2e. * **Scope 2:** Approximately 0.21 million kg CO2e (market-based). * **Scope 3:** Approximately 357.82 million kg CO2e, with major categories including use of sold products (136.69 million kg CO2e), downstream leased assets (85.84 million kg CO2e), capital goods (64.90 million kg CO2e), and purchased goods and services (53.78 million kg CO2e). **Climate Commitments and Reduction Targets:** Vp plc has established a comprehensive set of climate commitments, aiming for net-zero emissions across its value chain by 2050, with a 2023 base year. Key reduction targets include: * **Near-Term:** * A 50.4% reduction in absolute Scope 1 GHG emissions by FY2032, using FY2023 as the base year. * A 50% reduction in absolute Scope 3 GHG emissions for the most material categories (purchased goods and services, capital goods, use of sold products, and downstream leased assets) by FY2032, also from a FY2023 base year. * Increasing the sourcing of renewable electricity from 87% in FY2023 to 100% by FY2030. * **Long-Term:** * A 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by FY2050, from a FY2023 base year. * **Intensity Targets:** * A 20% reduction in energy consumption intensity by 2025 from a 2021 baseline. * A 30% reduction in waste production intensity, alongside plans to recycle over 85% of waste and divert over 95% from landfill, all using a 2021 baseline. Vp plc is a member of the Business Ambition for 1.5°C initiative. The company's targets are classified as being consistent with reductions required to keep warming to 1.5°C. The company's climate data and targets are reported as being directly from Vp plc, without cascading from a parent organisation.