Volue Sustainability Profile
Volue, headquartered in Norway, is a leading technology company specialising in the energy and infrastructure sectors. Founded in 2020, Volue has quickly established itself as a key player in the Nordic market, providing innovative solutions that enhance operational efficiency and sustainability. The company offers a range of core products and services, including advanced data analytics, trading platforms, and asset management tools, all designed to optimise energy production and consumption. What sets Volue apart is its commitment to
DitchCarbon Score
How does Volue'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
Volue's score of 47 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Volue's reported carbon emissions
In 2023, Volue reported total carbon emissions of approximately 572,600 kg CO2e, comprising 20,000 kg CO2e from Scope 1, 223,600 kg CO2e from Scope 2, and 319,000 kg CO2e from Scope 3 emissions. Notably, the majority of Scope 3 emissions stemmed from business travel, accounting for about 299,200 kg CO2e. Comparatively, in 2022, Volue's total emissions were about 499,600 kg CO2e, with Scope 1 emissions at 17,000 kg CO2e, Scope 2 at 110,500 kg CO2e, and Scope 3 at 372,100 kg CO2e. This indicates an increase in total emissions year-on-year, primarily driven by Scope 3 emissions. Volue has set ambitious near-term targets to significantly reduce its emissions. The company aims to bring its Scope 1 and Scope 2 emissions down to near zero by 2025. These commitments reflect Volue's dedication to addressing its carbon footprint and contributing to climate action. The emissions data is not cascaded from any parent organization, and all figures are reported directly from Volue AS. The company continues to focus on enhancing its sustainability practices and reducing its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000 | 00,000 |
| Scope 2 | - | 00,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 000,000 | 000,000 |
How Carbon Intensive is Volue's Industry?
How Carbon Intensive is Volue's Location?
Volue's Scope 3 Categories Breakdown
Volue's Scope 3 emissions, which decreased by 14% last year and increased by approximately 259% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 57% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 94% of Scope 3 emissions.
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Volue'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.
Volue 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.
