Vpower Group International Holdings Sustainability Profile
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 43 is higher than 66% 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, reported total carbon emissions of approximately 223,554,000 kg CO2e. This figure includes 26,120 kg CO2e from Scope 1 emissions, 86,090 kg CO2e from Scope 2, and a significant 236,200,000 kg CO2e from Scope 3 emissions. The previous year, 2023, the company recorded total emissions of about 211,432,000 kg CO2e, with Scope 1 at 43,280 kg CO2e, Scope 2 at 105,490 kg CO2e, and Scope 3 at 316,680,000 kg CO2e. Over the years, Vpower has seen fluctuations in its emissions, with a notable peak in 2021 at approximately 376,111,000 kg CO2e, primarily driven by Scope 1 emissions at 365,426,000 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Vpower's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from their own disclosures. The company continues to monitor and report its emissions across all scopes, reflecting its commitment to transparency in its environmental impact.
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| 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000 | 00,000 |
| Scope 2 | - | 00,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 3 | 1,017,000 | - | 00,000 | - | 000,000 | 000,000 | 000,000 |
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Vpower Group International Holdings'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.
Vpower Group International Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
