Varta
Varta AG, commonly known as Varta, is a leading player in the battery manufacturing industry, headquartered in Germany. Established in 1887, the company has evolved significantly, marking key milestones such as its expansion into lithium-ion technology and the development of innovative energy storage solutions. Varta operates primarily in Europe, with a strong presence in the automotive, consumer electronics, and industrial sectors. The company is renowned for its high-quality batteries, including rechargeable and non-rechargeable options, which are distinguished by their reliability and performance. With a commitment to sustainability and cutting-edge technology, Varta has positioned itself as a market leader, achieving notable recognition for its advancements in battery efficiency and longevity. As the demand for energy solutions continues to grow, Varta remains at the forefront, driving innovation in the battery sector.
DitchCarbon Score
How does Varta'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 Furniture 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
Varta's score of 23 is higher 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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Varta's reported carbon emissions
In 2022, Varta AG reported total carbon emissions of approximately 438,100 kg CO2e for Scope 1, 2,148,000 kg CO2e for Scope 2 (market-based), and a significant 414,841,000 kg CO2e for Scope 3 emissions. This highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses emissions from the entire value chain, including purchased goods and services (322,479,000 kg CO2e) and employee commuting (8,358,000 kg CO2e). Varta's emissions have varied over the years, with Scope 1 emissions decreasing from 5,546,000 kg CO2e in 2021 to 4,381,000 kg CO2e in 2022. However, the company has not publicly committed to specific reduction targets or a net-zero goal as of the latest data. Varta is classified as "Committed" to near-term targets, indicating an intention to address its carbon emissions, although no specific targets have been outlined. The company operates within the electrical equipment and machinery sector and is headquartered in Germany. Varta's climate commitments reflect a growing awareness of the need for sustainability in the industry, but further transparency regarding specific reduction initiatives and long-term goals would enhance its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 3,598,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,347,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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.
Varta 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.
