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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofVend Marketplaces amounted to8,131metric 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 Marketplacesincreased by 1,275.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Vend Marketplaces were 7,587 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Vend Marketplaces's Scope 1 emissions have increased by 151,640%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
In 2024, Vend Marketplaces reported Scope 2 greenhouse gas (GHG) emissions of 6,610 tCOâ‚‚e using the market-based method and 544 tCOâ‚‚e using the location-based method.a
Since 2019, Vend Marketplaces's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 66.23%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
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.ab
In 2024, Vend Marketplaces reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Vend Marketplaces reported 32,458 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 9of 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 chaina
In 2024, Vend Marketplaces reported total Scope 3 emissions of 32,458 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Since 2019, Vend Marketplaces's Scope 3 emissionshave increased by 25.66%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
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.ab
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.
In 2024, the largest contributors to Vend Marketplaces's Scope 3 emissions were:a
In 2024, Vend Marketplaces reported Scope 1 greenhouse gas (GHG) emissions of 7,587 tCOâ‚‚e and total revenues of USD 734 millions. This translates into an emissions intensity of 10.34 tCOâ‚‚e per millions USD.a
In 2024, Vend Marketplaces reported a Scope 1 emissions intensity of 10.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Vend Marketplaces ranked 20 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Vend Marketplaces among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Vend Marketplaces reported a total carbon footprint of 40,589 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.ab
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