Ventia Services Group Ltd

Common Name
Ventia Services Group
Country
Australia
Sector
Industrials
Industry
Infrastructure Operations
Employees
35,000
Ticker
VNT
Exchange
ASX
Description
Ventia Services Group Limited is an essential player in the infrastructural services industry, offering a wide array of services focused on providing necessary support to clients across numerous secto...

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 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).

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.

Ventia Services Group's Scope 1 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e-11%+6%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Ventia Services Group's Scope 2 emissions?

In 2023, Ventia Services Group reported Scope 2 greenhouse gas (GHG) emissions of 4,377 tCOâ‚‚e using the market-based method and 5,185 tCOâ‚‚e using the location-based method.

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.

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.

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.

Ventia Services Group's Scope 2 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

Ventia Services Group's Scope 3 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e+12%+9%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 609,188.715 tCOâ‚‚e (82.22%)
  • Upstream Transportation and Distribution (Cat. 4): 39,230.865 tCOâ‚‚e (5.29%)
  • Employee Commuting (Cat. 7): 28,867.995 tCOâ‚‚e (3.9%)

Ventia Services Group's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(3.9%)Purchased Goods andServices (Cat. 1)(82.2%)UpstreamTransportation andDistribution(Cat. 4)(5.3%)

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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