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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 is a Nordic digital marketplace company specializing in connecting buyers and sellers across multiple sectors through online platforms. It operates key segments including Mobilit...

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
c. Vend Marketplaces's Annual Report 2022
c. Vend Marketplaces's Annual Report 2022

Insights into Vend Marketplaces's Operational Emissions

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

Vend Marketplaces's Scope 1 Emissions Over Time

20192020202402 k4 k6 k8 ktCO2e-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 COâ‚‚ equivalent (tCOâ‚‚e).a

Has Vend Marketplaces reduced its Scope 1 emissions over time?

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

What are Vend Marketplaces's Scope 2 emissions?

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

Has Vend Marketplaces reduced its Scope 2 emissions over time?

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

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

20192020202120222023202403.5 k7 k10.5 k14 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 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

Vend Marketplaces's Scope 3 Emissions Over Time

20192020202120222023202408.5 k17 k25.5 k34 ktCO2e-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 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

Has Vend Marketplaces reduced its Scope 3 emissions over time?

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

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 tCOâ‚‚e(39.91%)
  • Purchased Goods and Services (Cat. 1): 12,355 tCOâ‚‚e(38.07%)
  • Business Travel (Cat. 6): 2,862 tCOâ‚‚e(8.82%)

Vend Marketplaces's Scope 3 Emissions by Categories

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

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 tCOâ‚‚e and total revenues of USD 734 millions. This translates into an emissions intensity of 10.34 tCOâ‚‚e per millions USD.a

Vend Marketplaces's Scope 1 Emissions Intensity Compared to Peers

0.52050010,000500,000Scope 1 Emissions (tCO2e)205005,000100,0001,000,000Revenues (Millions of USD)GZPAInfo Edge (India)Year: 2025Scope 1: 981 tCO2eRevenue: $M 334Scope 1 Intensity: 2.94 tCO2e/$MKakaku.comYear: 2023Scope 1: 9 tCO2eRevenue: $M 457Scope 1 Intensity: 0.02 tCO2e/$MGGGenius SportsYear: 2023Scope 1: 1 tCO2eRevenue: $M 400Scope 1 Intensity: 0.00 tCO2e/$MZZZhejiang Daily Digital Culture GroupYear: 2024Scope 1: 48 tCO2eRevenue: $M 424Scope 1 Intensity: 0.11 tCO2e/$MRightmoveYear: 2024Scope 1: 129 tCO2eRevenue: $M 489Scope 1 Intensity: 0.26 tCO2e/$MSeekYear: 2024Scope 1: 87 tCO2eRevenue: $M 723Scope 1 Intensity: 0.12 tCO2e/$MIACYear: 2024Scope 1: 3,759 tCO2eRevenue: $M 3,807Scope 1 Intensity: 0.99 tCO2e/$MEniro GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 86Scope 1 Intensity: 0.18 tCO2e/$MChina LiteratureYear: 2024Scope 1: 45 tCO2eRevenue: $M 1,209Scope 1 Intensity: 0.04 tCO2e/$MYelpYear: 2024Scope 1: 332 tCO2eRevenue: $M 1,412Scope 1 Intensity: 0.24 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MPPPinterestYear: 2024Scope 1: 570 tCO2eRevenue: $M 3,647Scope 1 Intensity: 0.16 tCO2e/$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: 2024Scope 1: 107 tCO2eRevenue: $M 13,718Scope 1 Intensity: 0.01 tCO2e/$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: $M 501Scope 1 Intensity: 0.14 tCO2e/$MUpworkYear: 2019Scope 1: 33 tCO2eRevenue: $M 301Scope 1 Intensity: 0.11 tCO2e/$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 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

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

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

Insights into Vend Marketplaces's Total Carbon Footprint

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

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