V-ZUG Holding AG

Common Name
V-ZUG Holding
Country
Switzerland
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
2,073
Ticker
VZUG
Exchange
SIX SWISS EXCHANGE
Description
V-Zug Holding AG is a notable entity in the world of high-end household appliance manufacturing, with a primary focus on crafting innovative and premium kitchen and laundry solutions. Founded and head...

V-ZUG Holding's Climate Target Data Preview

As of 2022, V-ZUG Holding has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into V-ZUG Holding ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind V-ZUG Holding’s Climate Targets Data

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a. V-ZUG Holding's Sustainability Report 2022
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Insights into V-ZUG Holding's Greenhouse Gas Emissions Pathways

As of 2022, V-ZUG Holding has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does V-ZUG Holding have a target to reduce the emissions from its operations?

As of 2022, V-ZUG Holding has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

V-ZUG Holding's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 4,449 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2022, V-ZUG Holding is ahead of schedule on its operational emissions reduction target, having achieved 21.27% of the planned reduction. a

V-ZUG Holding's Operational (Scope 1+2) Emissions Pathway

20202022203001.5 k3 k4.5 k6 kBaselineCurrent (-17%)Target 2030 (-80%)

Does V-ZUG Holding have a target to reduce the emissions from its value chain?

As of 2022, V-ZUG Holding has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

V-ZUG Holding's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 479,343 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2022, V-ZUG Holding is on track to meet its value chain emissions reduction target, having achieved 24.67% of the planned reduction. a

V-ZUG Holding's Value Chain (Scope 3) Emissions Pathway

2020202220300150 k300 k450 k600 kCurrent (-7%)Target 2030 (-30%)
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