Vp Components Sustainability Profile
Vp Components, officially known as Vp Components Co., Ltd., is a leading manufacturer in the cycling industry, headquartered in Taiwan (TW). Established in 1990, the company has made significant strides in producing high-quality bicycle components, including hubs, pedals, and other essential parts, catering to both professional and recreational cyclists. With a strong presence in major operational regions across Asia, Europe, and North America, Vp Components is recognised for its commitment to innovation and precision engineering. The brand is celebrated for its unique offerings, such as lightweight materials and advanced manufacturing techniques, which enhance performance and durability. Vp Components has solidified its market position through notable achievements, including partnerships with top cycling teams and participation in international competitions, making it a trusted name among cycling enthusiasts worldwide.
DitchCarbon Score
How does Vp Components'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 Retail Trade Services 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
Vp Components's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vp Components's reported carbon emissions
In 2023, VP Components Co., Ltd., headquartered in Taiwan, reported a gross Scope 1 and 2 emissions intensity ratio of approximately 0.052 tonnes CO2e per £1 million revenue. For 2024, the emissions intensity ratio improved to about 0.046 tonnes CO2e per £1 million revenue. While specific absolute emissions data for Scope 1, 2, and 3 are not disclosed, the company has set ambitious reduction targets. VP Components is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. Additionally, the company aims to cut its absolute Scope 3 emissions from purchased goods and services by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support efforts to limit global warming to 1.5°C. As of now, VP Components has not reported any net-zero commitments. The company's climate initiatives reflect a proactive approach to addressing climate change within the consumer durables sector.
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Vp Components'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.
Vp Components has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Vp Components's sustainability data and climate commitments