In 2024, Venture 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) and Scope 2 (indirect emissions from purchased energy).
However, Venture has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,411a | 2,659a | 2,894a | |
Total Scope 2 | ||||
Market-Based | 70,301a | 75,803a | 91,538a | |
Location-Based | 83,181a | 85,251a | 93,162a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.703a | 1.1605a | 1.0036a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Venture amounted to 84,592 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 decreased by 3.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Venture were 1,411 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Venture's Scope 1 emissions decreased by 46.93%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Venture reported Scope 2 greenhouse gas (GHG) emissions of 70,301 tCO₂e using the market-based method and 83,181 tCO₂e using the location-based method.a
Compared to the previous year (2023), Venture's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Venture's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Venture reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Venture reported Scope 1 greenhouse gas (GHG) emissions of 1,411 tCO₂e and total revenues of USD 2,007 millions. This translates into an emissions intensity of 0.7 tCO₂e per millions USD.a
In 2024, Venture reported a Scope 1 emissions intensity of 0.7 tCO₂e per millions USD. Compared to the peer group median of 6.4, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Venture ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Venture among the top performers, with one of the lowest emissions intensities relative to peers.a