Vpower Group International Holdings
Vpower Group International Holdings, commonly referred to as Vpower, is a leading provider of power generation solutions headquartered in Hong Kong. Established in 2011, the company has rapidly expanded its operations across Asia and beyond, positioning itself as a key player in the energy sector. Vpower specialises in the design, manufacture, and operation of high-efficiency power generation systems, particularly in the areas of gas and renewable energy. Its innovative products, such as modular power plants, are distinguished by their adaptability and sustainability, catering to diverse energy needs. With a strong market presence, Vpower has achieved significant milestones, including strategic partnerships and successful projects that underscore its commitment to delivering reliable energy solutions. The company continues to enhance its reputation as a trusted name in the power generation industry, driving advancements in energy efficiency and environmental responsibility.
DitchCarbon Score
How does Vpower Group International Holdings'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 Electricity from Other Sources 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
Vpower Group International Holdings's score of 22 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vpower Group International Holdings's reported carbon emissions
In 2024, Vpower Group International Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 223,553,930 kg CO2e. This figure includes about 222,897,870 kg CO2e from Scope 1 emissions and approximately 419,860 kg CO2e from Scope 2 emissions. In 2023, the company recorded total emissions of about 211,431,750 kg CO2e, with Scope 1 emissions at approximately 43,280 kg CO2e and Scope 2 emissions at about 105,490 kg CO2e. This indicates a slight increase in total emissions from 2023 to 2024. Looking back to 2022, Vpower's total emissions were around 303,724,180 kg CO2e, which included approximately 296,027,020 kg CO2e from Scope 1, 7,526,740 kg CO2e from Scope 2, and 170,420 kg CO2e from Scope 3 emissions. The company has shown a trend of fluctuating emissions over the years, with a peak in 2021 at about 376,110,900 kg CO2e. Despite these figures, Vpower Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Vpower Group's emissions data highlights the need for enhanced climate commitments and reduction strategies to align with global sustainability goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 297,577,630 | 000,000,000 | 000,000,000 | 00,000 | 000,000,000 |
| Scope 2 | 10,902,690 | 00,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 82,790 | - | 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.
Vpower Group International Holdings is not participating in any 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.
