Vp Components
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 93% 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 reported a gross Scope 1 and 2 emissions intensity ratio of approximately 0.052 tonnes CO2e per £1 million revenue. For 2024, this figure improved slightly to about 0.046 tonnes CO2e per £1 million revenue. While specific absolute emissions data for these years is not disclosed, the company has set ambitious climate commitments. 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 contribute to limiting global warming to 1.5°C. Overall, VP Components demonstrates a proactive approach to climate action, focusing on significant reductions in its greenhouse gas emissions across multiple scopes.
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.
Vp Components is participating in some 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.
