Vtg
Vtg, officially known as Vtg Aktiengesellschaft, is a leading provider in the rail logistics and transport sector, headquartered in Germany. Established in 2001, the company has rapidly expanded its operations across Europe, with a strong presence in key markets such as Germany, France, and the Netherlands. Specialising in the leasing and maintenance of freight wagons, Vtg distinguishes itself through its innovative solutions and commitment to sustainability. The company’s extensive fleet and tailored services cater to a diverse range of industries, including chemicals, automotive, and bulk goods. With a robust market position, Vtg has achieved significant milestones, including strategic acquisitions that enhance its service offerings. Renowned for its reliability and efficiency, Vtg continues to set industry standards, making it a trusted partner in rail logistics.
DitchCarbon Score
How does Vtg'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 Pharmaceutical Preparation Manufacturing 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
Vtg's score of 39 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vtg's reported carbon emissions
In 2023, VTG reported total carbon emissions of approximately 138,000,000 kg CO2e, comprising 7,475,000 kg CO2e from Scope 1, 16,111,000 kg CO2e from Scope 2, and a significant 113,875,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, as all three scopes are disclosed. Comparatively, in 2022, VTG's emissions were about 163,221,000 kg CO2e in Scope 3, 8,711,000 kg CO2e in Scope 1, and 15,081,000 kg CO2e in Scope 2. The figures indicate a notable increase in Scope 3 emissions, which is a common trend in many industries as companies expand their supply chains and operational footprints. VTG has set ambitious climate commitments, aiming to halve emissions in both Scope 1 and Scope 2 by 2030, using 2021 as the base year. This target represents a 50% reduction, demonstrating a proactive stance towards climate action. The company is currently on track to meet its near-term reduction goals for Scope 1 and 2 emissions. VTG's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company's commitment to sustainability is further emphasised in its sustainability reports, which outline its strategies and progress in reducing carbon emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 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.
Vtg 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.
