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 23 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vpower Group International Holdings's reported carbon emissions
In 2023, Vpower Group International Holdings, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 194,272,620 kg CO2e. This figure includes 194,272,620 kg CO2e from Scope 1 emissions, 553,860 kg CO2e from Scope 2, and 235,920 kg CO2e from Scope 3 emissions. In 2022, the company recorded total emissions of about 303,724,180 kg CO2e, with Scope 1 emissions at 296,027,020 kg CO2e, Scope 2 at 7,526,740 kg CO2e, and Scope 3 at 170,420 kg CO2e. The previous year, 2021, saw total emissions rise to approximately 376,110,900 kg CO2e, primarily driven by Scope 1 emissions of 365,425,950 kg CO2e and Scope 2 emissions of 10,471,340 kg CO2e. Despite these figures, Vpower Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions data across all three scopes, reflecting a comprehensive approach to tracking its carbon footprint. Overall, Vpower Group's emissions data highlights the ongoing challenges in reducing carbon outputs, while the lack of formal reduction commitments suggests an area for potential improvement in their sustainability strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 297,577,630 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 10,902,690 | 00,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 82,790 | - | 000,000 | 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 committed to any reduction initiatives 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.
