Vend Marketplaces ASA

Common Name
Vend Marketplaces
Country
Norway
Sector
Communication Services
Industry
Internet Content & Information
Employees
3,283
Ticker
VEND
Exchange
OSLO BORS
Website
vend.com
Description
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Sweden, Norway, Denmark, Finland, and Poland. The company operates through Mobility, Real Estate, J...

Vend Marketplaces's GHG Emissions Data Preview

In 2024, Vend Marketplaces 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).

Vend Marketplaces has also provided a category-level breakdown for 9 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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a
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0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Vend Marketplaces’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 Vend Marketplaces’s data sources below and access millions more through our Disclosure Search.

a. Vend Marketplaces's Annual Report 2024
a. Vend Marketplaces's Annual Report 2024
b. Vend Marketplaces's Annual Report 2023
b. Vend Marketplaces's Annual Report 2023

Insights into Vend Marketplaces's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Vend Marketplaces amounted to 8,131 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 Vend Marketplaces increased by 1,275.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Vend Marketplaces's Scope 1 Emissions Over Time

201820192020202402 k4 k6 k8 ktCO2e-44%-80%+758600%
  • Total Scope 1
  • Year-over-Year Change

What are Vend Marketplaces's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Vend Marketplaces were 7,587 metric tons of CO₂ equivalent (tCO₂e). a

Has Vend Marketplaces reduced its Scope 1 emissions over time?

Since 2018, Vend Marketplaces's Scope 1 emissions have increased by 84,200%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

What are Vend Marketplaces's Scope 2 emissions?

In 2024, Vend Marketplaces reported Scope 2 greenhouse gas (GHG) emissions of 6,610 tCO₂e using the market-based method and 544 tCO₂e using the location-based method. a

Has Vend Marketplaces reduced its Scope 2 emissions over time?

Since 2018, Vend Marketplaces's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 61.82%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Vend Marketplaces's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Vend Marketplaces 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Vend Marketplaces use for Scope 2 reporting?

In 2024, Vend Marketplaces reported its Scope 2 emissions using the market-based method and using the location-based method. a

Vend Marketplaces's Scope 2 Emissions Over Time

201820192020202120222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Vend Marketplaces's Value Chain Emissions

In 2024, Vend Marketplaces reported 32,458 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 Vend Marketplaces includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Vend Marketplaces's Scope 3 Emissions Over Time

201820192020202120222023202408.5 k17 k25.5 k34 ktCO2e-6%-14%0%+2%-17%+72%
  • Total Scope 3
  • Year-over-Year Change

What are Vend Marketplaces's Scope 3 emissions?

In 2024, Vend Marketplaces reported total Scope 3 emissions of 32,458 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 59.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.45% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Vend Marketplaces reduced its Scope 3 emissions over time?

Since 2018, Vend Marketplaces's Scope 3 emissions have increased by 17.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Vend Marketplaces's Scope 3 emissions increased by 71.74%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Vend Marketplaces disclose?

In 2024, Vend Marketplaces reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Vend Marketplaces's Scope 3 emissions?

In 2024, the largest contributors to Vend Marketplaces's Scope 3 emissions were: a

  • Investments (Cat. 15): 12,953 tCO₂e (39.91%)
  • Purchased Goods and Services (Cat. 1): 12,355 tCO₂e (38.07%)
  • Business Travel (Cat. 6): 2,862 tCO₂e (8.82%)

Vend Marketplaces's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(38.1%)Investments(Cat. 15)(39.9%)Business Travel(Cat. 6)(8.8%)

Insights into Vend Marketplaces’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Vend Marketplaces reported Scope 1 greenhouse gas (GHG) emissions of 7,587 tCO₂e and total revenues of USD 734 millions. This translates into an emissions intensity of 10.34 tCO₂e per millions USD. a

Vend Marketplaces's Scope 1 Emissions Intensity Compared to Peers

51002,00020,000500,000Scope 1 Emissions (tCO2e)205005,000100,0001,000,000Revenues (Millions of USD)PAInfo Edge (India)Year: 2025Scope 1: 981 tCO2eRevenue: $M 334Scope 1 Intensity: 2.94 tCO2e/$MKakaku.comYear: 2023Scope 1: 9 tCO2eRevenue: $M 457Scope 1 Intensity: 0.02 tCO2e/$MRightmoveYear: 2024Scope 1: 129 tCO2eRevenue: $M 489Scope 1 Intensity: 0.26 tCO2e/$MSeekYear: 2024Scope 1: 87 tCO2eRevenue: $M 723Scope 1 Intensity: 0.12 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$MIACYear: 2023Scope 1: 5,536 tCO2eRevenue: $M 4,365Scope 1 Intensity: 1.27 tCO2e/$MEniro GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 86Scope 1 Intensity: 0.18 tCO2e/$MChina LiteratureYear: 2024Scope 1: 45 tCO2eRevenue: $M 1,209Scope 1 Intensity: 0.04 tCO2e/$MProsusYear: 2023Scope 1: 16 tCO2eRevenue: $M 4,211Scope 1 Intensity: 0.00 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MPPPinterestYear: 2023Scope 1: 602 tCO2eRevenue: $M 3,056Scope 1 Intensity: 0.20 tCO2e/$MNebius GroupYear: 2023Scope 1: 99,000 tCO2eRevenue: $M 9,040Scope 1 Intensity: 10.95 tCO2e/$MBaltic Classifieds GroupYear: 2025Scope 1: 25 tCO2eRevenue: $M 82Scope 1 Intensity: 0.31 tCO2e/$MTencent HoldingsYear: 2024Scope 1: 121,466 tCO2eRevenue: $M 98,489Scope 1 Intensity: 1.23 tCO2e/$MWeiboYear: 2023Scope 1: 126 tCO2eRevenue: $M 1,760Scope 1 Intensity: 0.07 tCO2e/$MTencent MusicYear: 2024Scope 1: 112 tCO2eRevenue: $M 4,240Scope 1 Intensity: 0.03 tCO2e/$MAAAutohomeYear: 2023Scope 1: 362 tCO2eRevenue: $M 1,011Scope 1 Intensity: 0.36 tCO2e/$MMeituYear: 2024Scope 1: 68 tCO2eRevenue: $M 501Scope 1 Intensity: 0.14 tCO2e/$MVend MarketplacesYear: 2024Scope 1: 7,587 tCO2eRevenue: $M 734Scope 1 Intensity: 10.34 tCO2e/$M

How does Vend Marketplaces's GHG emissions intensity compare to its peers?

In 2024, Vend Marketplaces reported a Scope 1 emissions intensity of 10.34 tCO₂e per millions USD. Compared to the peer group median of 0.19 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Vend Marketplaces rank on GHG emissions intensity within its industry?

In 2024, Vend Marketplaces ranked 18 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Vend Marketplaces among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Vend Marketplaces's Total Carbon Footprint

In 2024, Vend Marketplaces reported a total carbon footprint of 40,589 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 108.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Vend Marketplaces's total carbon footprint was Scope 3 emissions, accounting for 79.97% of the company's total carbon footprint, followed by Scope 1 emissions at 18.69%. a

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