Videndum Sustainability Profile
Videndum, formerly known as Vitec Group, is a leading provider of innovative solutions for the broadcast and video production industry. Headquartered in Great Britain, the company operates extensively across Europe, North America, and Asia, catering to a global clientele. Founded in 1909, Videndum has achieved significant milestones, including the expansion of its product lines and strategic acquisitions that enhance its market presence. Specialising in camera support, lighting, and connectivity solutions, Videndum's core offerings include tripods, stabilisers, and professional lighting systems, all designed to meet the evolving needs of content creators. The company is recognised for its commitment to quality and innovation, positioning itself as a trusted partner for professionals in film, television, and live events. With a strong market position, Videndum continues to set industry standards, making it a key player in the dynamic world of media production.
DitchCarbon Score
How does Videndum'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 Computer Services 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
Videndum's score of 68 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Videndum's reported carbon emissions
In 2023, Videndum reported total carbon emissions of approximately 104,242,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 100,531,000 kg CO2e. Scope 1 emissions were approximately 1,155,000 kg CO2e, while Scope 2 emissions totalled about 2,556,000 kg CO2e. In the UK, Videndum's emissions were reported at approximately 473,000 kg CO2e, with Scope 1 emissions at about 189,000 kg CO2e and Scope 2 emissions at approximately 255,000 kg CO2e. Videndum has set ambitious reduction targets, aiming to reduce its Scope 1 and 2 emissions by 38% by 2024 compared to 2021 levels, with further targets of 50% by 2027 and 60% by 2030. Additionally, the company is committed to achieving carbon neutrality for its operational emissions by 2025. These commitments reflect Videndum's alignment with long-term sustainability goals, including net-zero targets across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. Overall, Videndum's climate strategy demonstrates a proactive approach to managing carbon emissions, with a focus on both immediate and long-term sustainability objectives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,580,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Videndum's Industry?
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Videndum's Scope 3 Categories Breakdown
Videndum's Scope 3 emissions, which decreased by 43% last year and decreased by approximately 23% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 56% of Scope 3 emissions.
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Videndum'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.
Videndum has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Videndum's sustainability data and climate commitments