Ventia Services Group Ltd
Ventia Services Group's GHG Emissions Data Preview
In 2023, Ventia Services Group 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).
Ventia Services Group has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Ventia Services Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ventia Services Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Ventia Services Group amounted to 47,095 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 b
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Ventia Services Group increased by 2.99%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Ventia Services Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ventia Services Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Ventia Services Group were 41,910 metric tons of CO₂ equivalent (tCO₂e). a
Has Ventia Services Group reduced its Scope 1 emissions over time?
Since 2021, Ventia Services Group's Scope 1 emissions have decreased by 5.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Ventia Services Group's Scope 1 emissions increased by 6.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Ventia Services Group's Scope 2 emissions?
In 2023, Ventia Services Group reported Scope 2 greenhouse gas (GHG) emissions of 4,377 tCO₂e using the market-based method and 5,185 tCO₂e using the location-based method. a b
Has Ventia Services Group reduced its Scope 2 emissions over time?
Since 2021, Ventia Services Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.94%, reflecting a declining long-term trend in Scope 2 emissions over time. b
Compared to the previous year (2022), Ventia Services Group's Scope 2 emissions (Location-Based) fell by 17.7% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. b
What methodology does Ventia Services Group use for Scope 2 reporting?
In 2023, Ventia Services Group reported its Scope 2 emissions using the market-based method and using the location-based method. a b
Ventia Services Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Ventia Services Group's Value Chain Emissions
In 2023, Ventia Services Group reported 740,205 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 2023 disclosure of Ventia Services Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Ventia Services Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ventia Services Group's Scope 3 emissions?
In 2023, Ventia Services Group reported total Scope 3 emissions of 740,205 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Ventia Services Group reduced its Scope 3 emissions over time?
Since 2021, Ventia Services Group's Scope 3 emissions have increased by 21%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Ventia Services Group's Scope 3 emissions remained relatively stable, indicating that Ventia Services Group 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does Ventia Services Group disclose?
In 2023, Ventia Services Group reported emissions for 8 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 Ventia Services Group's Scope 3 emissions?
In 2023, the largest contributors to Ventia Services Group's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 609,188.715 tCO₂e (82.22%)
- Upstream Transportation and Distribution (Cat. 4): 39,230.865 tCO₂e (5.29%)
- Employee Commuting (Cat. 7): 28,867.995 tCO₂e (3.9%)
Ventia Services Group's Scope 3 Emissions by Categories
Insights into Ventia Services Group’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Ventia Services Group reported Scope 1 greenhouse gas (GHG) emissions of 41,910 tCO₂e and total revenues of USD 3,868 millions. This translates into an emissions intensity of 10.83 tCO₂e per millions USD. a
Ventia Services Group's Scope 1 Emissions Intensity Compared to Peers
How does Ventia Services Group's GHG emissions intensity compare to its peers?
In 2023, Ventia Services Group reported a Scope 1 emissions intensity of 10.83 tCO₂e per millions USD. Compared to the peer group median of 6.52, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Ventia Services Group rank on GHG emissions intensity within its industry?
In 2023, Ventia Services Group ranked 11 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Ventia Services Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Ventia Services Group's Total Carbon Footprint
In 2023, Ventia Services Group reported a total carbon footprint of 787,300 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.16% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Ventia Services Group's total carbon footprint was Scope 3 emissions, accounting for 94.02% of the company's total carbon footprint, followed by Scope 1 emissions at 5.32%. a