Varun Beverages Ltd

Common Name
Varun Beverages
Country
India
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Employees
11,041
Ticker
VBL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Varun Beverages Ltd. is a prominent beverage bottling company that operates as one of the largest franchisees of PepsiCo products. The company is responsible for producing and distributing a broad spe...

Varun Beverages's GHG Emissions Data Preview

In 2024, Varun Beverages 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).

Varun Beverages 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Varun Beverages's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Varun Beverages amounted to 793,990.37 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Varun Beverages increased by 213.41%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Varun Beverages's Scope 1 Emissions Over Time

2021202220232024025 k50 k75 k100 ktCO2e+59%-17%+106%
  • Total Scope 1
  • Year-over-Year Change

What are Varun Beverages's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Varun Beverages were 88,224.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Varun Beverages reduced its Scope 1 emissions over time?

Since 2021, Varun Beverages's Scope 1 emissions have increased by 170.18%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Varun Beverages's Scope 1 emissions increased by 105.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Varun Beverages's Scope 2 emissions?

In 2024, Varun Beverages reported Scope 2 greenhouse gas (GHG) emissions of 705,766.17 tCOâ‚‚e without specifying the calculation method.

Has Varun Beverages reduced its Scope 2 emissions over time?

Since 2021, Varun Beverages's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 295.52%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Varun Beverages's Scope 2 emissions (Unspecified Calculation Method) rose by 235.43% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Varun Beverages use for Scope 2 reporting?

In 2024, Varun Beverages reported its Scope 2 emissions using an unspecified methodology.

Varun Beverages's Scope 2 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Varun Beverages's Value Chain Emissions

In 2024, Varun Beverages reported 3,120,832.57 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Varun Beverages includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Varun Beverages's Scope 3 Emissions Over Time

20212022202320240800 k1.6 M2.4 M3.2 MtCO2e-7%0%+436%
  • Total Scope 3
  • Year-over-Year Change

What are Varun Beverages's Scope 3 emissions?

In 2024, Varun Beverages reported total Scope 3 emissions of 3,120,832.57 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 81.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.63% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Varun Beverages reduced its Scope 3 emissions over time?

Since 2021, Varun Beverages's Scope 3 emissions have increased by 402.35%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Varun Beverages's Scope 3 emissions increased by 436.29%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Varun Beverages disclose?

In 2024, Varun Beverages reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of Varun Beverages's Scope 3 emissions?

In 2024, the largest contributors to Varun Beverages's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,922,611.94 tCOâ‚‚e (61.61%)
  • Use of Sold Products (Cat. 11): 525,949.01 tCOâ‚‚e (16.85%)
  • Capital Goods (Cat. 2): 243,849.3 tCOâ‚‚e (7.81%)

Varun Beverages's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(61.6%)Capital Goods(Cat. 2)(7.8%)Use of Sold Products(Cat. 11)(16.9%)

Insights into Varun Beverages's Total Carbon Footprint

In 2024, Varun Beverages reported a total carbon footprint of 3,914,822.94 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 368.69% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Varun Beverages's total carbon footprint was Scope 3 emissions, accounting for 79.72% of the company's total carbon footprint, followed by Scope 2 emissions at 18.03%.

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