Venture Life Group PLC
Venture Life Group's GHG Emissions Data Preview
In 2024, Venture Life 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).
Venture Life Group 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Venture Life Group’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 Venture Life Group’s data sources below and access millions more through our Disclosure Search.
Insights into Venture Life Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Venture Life Group amounted to 0.646 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 Venture Life Group increased by 23.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Venture Life Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Venture Life Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Venture Life Group were 0.443 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Venture Life Group's Scope 1 emissions increased by 33.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Venture Life Group's Scope 2 emissions?
In 2024, Venture Life Group reported Scope 2 greenhouse gas (GHG) emissions of 0.403 tCO₂e using the market-based method and 0.203 tCO₂e using the location-based method.a
Has Venture Life Group reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Venture Life Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Venture Life Group's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Venture Life Group use for Scope 2 reporting?
In 2024, Venture Life Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Venture Life Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Venture Life Group's Value Chain Emissions
In 2024, Venture Life Group reported 7.164 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 Venture Life Group includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Venture Life Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Venture Life Group's Scope 3 emissions?
In 2024, Venture Life Group reported total Scope 3 emissions of 7.164 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 97.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.61% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Venture Life Group's Scope 3 emissions decreased by 33.33%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Venture Life Group disclose?
In 2024, Venture Life Group 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 Venture Life Group's Scope 3 emissions?
In 2024, the largest contributors to Venture Life Group's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 4.113 tCO₂e (57.41%)
- Downstream Transportation and Distribution (Cat. 9): 1.148 tCO₂e (16.02%)
- Capital Goods (Cat. 2): 1.076 tCO₂e (15.01%)
Venture Life Group's Scope 3 Emissions by Categories
Insights into Venture Life Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Venture Life Group reported Scope 1 greenhouse gas (GHG) emissions of 0.443 tCO₂e and total revenues of USD 33 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD.a
Venture Life Group's Scope 1 Emissions Intensity Compared to Peers
How does Venture Life Group's GHG emissions intensity compare to its peers?
In 2024, Venture Life Group reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 9.11, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Venture Life Group rank on GHG emissions intensity within its industry?
In 2024, Venture Life Group ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Venture Life Group among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Venture Life Group's Total Carbon Footprint
In 2024, Venture Life Group reported a total carbon footprint of 7.81 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.68% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Venture Life Group's total carbon footprint was Scope 3 emissions, accounting for 91.73% of the company's total carbon footprint, followed by Scope 1 emissions at 5.68%.a