Vanquis Banking Group PLC
Vanquis Banking Group's Climate Target Data Preview
As of 2024, Vanquis Banking Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Vanquis Banking Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2028 |
Verified Sources Behind Vanquis Banking Group’s Climate Targets Data
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Insights into Vanquis Banking Group's Greenhouse Gas Emissions Pathways
As of 2024, Vanquis Banking Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Vanquis Banking Group have a target to reduce the emissions from its operations?
As of 2024, Vanquis Banking Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Vanquis Banking Group's most ambitious operational target is to reduce these emissions by 39.9% by 2028, compared to a baseline of 1,250 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
Vanquis Banking Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2028 value, achieving its climate goal ahead of schedule. a