Verve Group SE
Verve Group's GHG Emissions Data Preview
In 2024, Verve 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).
Verve Group has also provided a category-level breakdown for 7 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.  | 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. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Verified Sources Behind Verve 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 Verve Group’s data sources below and access millions more through our Disclosure Search.
Insights into Verve Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Verve Group amounted to 368.46 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
Verve Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Verve Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Verve Group were 5.11 metric tons of CO₂ equivalent (tCO₂e).a
What are Verve Group's Scope 2 emissions?
In 2024, Verve Group reported Scope 2 greenhouse gas (GHG) emissions of 193.06 tCO₂e using the market-based method and 363.35 tCO₂e using the location-based method.a
What methodology does Verve Group use for Scope 2 reporting?
In 2024, Verve Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Verve Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Verve Group's Value Chain Emissions
In 2024, Verve Group reported 25,570.14 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 Verve Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Verve Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Verve Group's Scope 3 emissions?
In 2024, Verve Group reported total Scope 3 emissions of 25,570.14 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 88.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.68% came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does Verve Group disclose?
In 2024, Verve Group reported emissions for 7 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 Verve Group's Scope 3 emissions?
In 2024, the largest contributors to Verve Group's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 20,671.51 tCO₂e (80.84%)
- Use of Sold Products (Cat. 11): 2,987.79 tCO₂e (11.68%)
- Business Travel (Cat. 6): 1,214.98 tCO₂e (4.75%)
Verve Group's Scope 3 Emissions by Categories
Insights into Verve Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Verve Group reported Scope 1 greenhouse gas (GHG) emissions of 5.11 tCO₂e and total revenues of USD 5,110 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD.a
Verve Group's Scope 1 Emissions Intensity Compared to Peers
How does Verve Group's GHG emissions intensity compare to its peers?
In 2024, Verve Group reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 0.19, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Verve Group rank on GHG emissions intensity within its industry?
In 2024, Verve Group ranked 1 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Verve Group among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Verve Group's Total Carbon Footprint
In 2024, Verve Group reported a total carbon footprint of 25,938.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a
The largest contributor to Verve Group's total carbon footprint was Scope 3 emissions, accounting for 98.58% of the company's total carbon footprint, followed by Scope 2 emissions at 1.4%.a