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 GHG Emissions Data Preview

In 2024, V-ZUG Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

V-ZUG Holding has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind V-ZUG Holding’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore V-ZUG Holding’s data sources below and access millions more through our Disclosure Search.

a. V-ZUG Holding's Sustainability Report 2024
a. V-ZUG Holding's Sustainability Report 2024
b. V-ZUG Holding's Sustainability Report 2021
b. V-ZUG Holding's Sustainability Report 2021

Insights into V-ZUG Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of V-ZUG Holding amounted to 5,134 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of V-ZUG Holding decreased by 0.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

V-ZUG Holding's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-3%-2%-15%+4%-9%
  • Total Scope 1
  • Year-over-Year Change

What are V-ZUG Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of V-ZUG Holding were 3,261 metric tons of CO₂ equivalent (tCO₂e). a

Has V-ZUG Holding reduced its Scope 1 emissions over time?

Since 2019, V-ZUG Holding's Scope 1 emissions have decreased by 23.88%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), V-ZUG Holding's Scope 1 emissions decreased by 9.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are V-ZUG Holding's Scope 2 emissions?

In 2024, V-ZUG Holding reported Scope 2 greenhouse gas (GHG) emissions of 280 tCO₂e using the market-based method and 1,873 tCO₂e using the location-based method. a

Has V-ZUG Holding reduced its Scope 2 emissions over time?

Compared to the previous year (2023), V-ZUG Holding's Scope 2 emissions (Location-Based) rose by 18.17% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does V-ZUG Holding use for Scope 2 reporting?

In 2024, V-ZUG Holding reported its Scope 2 emissions using the market-based method and using the location-based method. a

V-ZUG Holding's Scope 2 Emissions Over Time

20192020202120222023202405001 k1.5 k2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into V-ZUG Holding's Value Chain Emissions

In 2024, V-ZUG Holding reported 339,979 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of V-ZUG Holding includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

V-ZUG Holding's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+19%-3%-19%+1%
  • Total Scope 3
  • Year-over-Year Change

What are V-ZUG Holding's Scope 3 emissions?

In 2024, V-ZUG Holding reported total Scope 3 emissions of 339,979 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 26.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 73.13% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), V-ZUG Holding's Scope 3 emissions remained relatively stable, indicating that V-ZUG Holding 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does V-ZUG Holding disclose?

In 2024, V-ZUG Holding reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of V-ZUG Holding's Scope 3 emissions?

In 2024, the largest contributors to V-ZUG Holding's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 238,229 tCO₂e (70.07%)
  • Purchased Goods and Services (Cat. 1): 68,740 tCO₂e (20.22%)
  • Capital Goods (Cat. 2): 14,202 tCO₂e (4.18%)

V-ZUG Holding's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(4.2%)Use of Sold Products(Cat. 11)(70.1%)Purchased Goods andServices (Cat. 1)(20.2%)

Insights into V-ZUG Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, V-ZUG Holding reported Scope 1 greenhouse gas (GHG) emissions of 3,261 tCO₂e and total revenues of USD 653 millions. This translates into an emissions intensity of 4.99 tCO₂e per millions USD. a

V-ZUG Holding's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)VGSurteco GroupYear: 2023Scope 1: 31,972 tCO2eRevenue: $M 924Scope 1 Intensity: 34.59 tCO2e/$MTCM GroupYear: 2023Scope 1: 1,215 tCO2eRevenue: $M 165Scope 1 Intensity: 7.38 tCO2e/$MVVVestelYear: 2023Scope 1: 19,153 tCO2eRevenue: $M 3,798Scope 1 Intensity: 5.04 tCO2e/$MHaier Smart HomeYear: 2024Scope 1: 417,884 tCO2eRevenue: $M 39,186Scope 1 Intensity: 10.66 tCO2e/$MVoltasYear: 2025Scope 1: 2,341 tCO2eRevenue: $M 1,793Scope 1 Intensity: 1.31 tCO2e/$MAmber Enterprises IndiaYear: 2024Scope 1: 6,960 tCO2eRevenue: $M 783Scope 1 Intensity: 8.89 tCO2e/$MRoche BoboisYear: 2024Scope 1: 1,554 tCO2eRevenue: $M 431Scope 1 Intensity: 3.61 tCO2e/$MCowayYear: 2024Scope 1: 11,395 tCO2eRevenue: $M 2,937Scope 1 Intensity: 3.88 tCO2e/$MElectroluxYear: 2024Scope 1: 51,000 tCO2eRevenue: $M 12,355Scope 1 Intensity: 4.13 tCO2e/$MGGGreeYear: 2023Scope 1: 726,654 tCO2eRevenue: $M 28,847Scope 1 Intensity: 25.19 tCO2e/$MLa-Z-BoyYear: 2023Scope 1: 39,430 tCO2eRevenue: $M 2,349Scope 1 Intensity: 16.78 tCO2e/$MOppein Home GroupYear: 2024Scope 1: 7,317 tCO2eRevenue: $M 2,593Scope 1 Intensity: 2.82 tCO2e/$MRinnaiYear: 2023Scope 1: 36,437 tCO2eRevenue: $M 3,192Scope 1 Intensity: 11.41 tCO2e/$MKing Slide WorksYear: 2024Scope 1: 1,278 tCO2eRevenue: $M 309Scope 1 Intensity: 4.13 tCO2e/$MMillerKnollYear: 2022Scope 1: 34,753 tCO2eRevenue: $M 3,946Scope 1 Intensity: 8.81 tCO2e/$MSteelcaseYear: 2025Scope 1: 32,542 tCO2eRevenue: $M 3,166Scope 1 Intensity: 10.28 tCO2e/$MSEBYear: 2024Scope 1: 58,801 tCO2eRevenue: $M 8,602Scope 1 Intensity: 6.84 tCO2e/$MMasterbrand IncYear: 2023Scope 1: 39,413 tCO2eRevenue: $M 2,726Scope 1 Intensity: 14.46 tCO2e/$MMartelaYear: 2023Scope 1: 797 tCO2eRevenue: $M 104Scope 1 Intensity: 7.63 tCO2e/$MHisense Home Appliances GroupYear: 2023Scope 1: 41,795 tCO2eRevenue: $M 12,044Scope 1 Intensity: 3.47 tCO2e/$MHowden Joinery GroupYear: 2024Scope 1: 37,478 tCO2eRevenue: $M 2,914Scope 1 Intensity: 12.86 tCO2e/$MMetalfrio SolutionsYear: 2024Scope 1: 462 tCO2eRevenue: $M 354Scope 1 Intensity: 1.30 tCO2e/$MV-ZUG HoldingYear: 2024Scope 1: 3,261 tCO2eRevenue: $M 653Scope 1 Intensity: 4.99 tCO2e/$M

How does V-ZUG Holding's GHG emissions intensity compare to its peers?

In 2024, V-ZUG Holding reported a Scope 1 emissions intensity of 4.99 tCO₂e per millions USD. Compared to the peer group median of 7.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does V-ZUG Holding rank on GHG emissions intensity within its industry?

In 2024, V-ZUG Holding ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

V-ZUG Holding is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into V-ZUG Holding's Total Carbon Footprint

In 2024, V-ZUG Holding reported a total carbon footprint of 345,113 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.54% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to V-ZUG Holding's total carbon footprint was Scope 3 emissions, accounting for 98.51% of the company's total carbon footprint, followed by Scope 1 emissions at 0.94%. a

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