Vestel Elektronik Sanayi ve Ticaret AS

Common Name
Vestel
Country
Turkey
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
18,895
Ticker
VESTL.E
Exchange
BORSA ISTANBUL
Description
Vestel Elektronik Sanayi ve Ticaret A.S. is a leading consumer electronics manufacturer based in Turkey, renowned for its wide array of electronic products. The company's primary focus is on the desig...

Vestel's GHG Emissions Data Preview

In 2023, Vestel 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).

Vestel 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 Vestel's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Vestel amounted to 131,797 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 Vestel increased by 0.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Vestel's Scope 1 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e+5%+13%-5%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Vestel's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Vestel were 19,153 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Vestel reduced its Scope 1 emissions over time?

Since 2019, Vestel's Scope 1 emissions have increased by 9.09%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Vestel's Scope 1 emissions decreased by 3.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Vestel's Scope 2 emissions?

In 2023, Vestel reported Scope 2 greenhouse gas (GHG) emissions of 112,644 tCOâ‚‚e without specifying the calculation method.

Has Vestel reduced its Scope 2 emissions over time?

Since 2019, Vestel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Vestel 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Vestel's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Vestel 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Vestel use for Scope 2 reporting?

In 2023, Vestel reported its Scope 2 emissions using an unspecified methodology.

Vestel's Scope 2 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Vestel's Value Chain Emissions

In 2023, Vestel reported 12,024,226 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 Vestel includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Vestel's Scope 3 Emissions Over Time

2019202020212022202304 M8 M12 M16 MtCO2e0%-5%-4%-17%
  • Total Scope 3
  • Year-over-Year Change

What are Vestel's Scope 3 emissions?

In 2023, Vestel reported total Scope 3 emissions of 12,024,226 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 11.41% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.59% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Vestel reduced its Scope 3 emissions over time?

Since 2019, Vestel's Scope 3 emissions have decreased by 24.74%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Vestel's Scope 3 emissions decreased by 17.49%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Vestel disclose?

In 2023, Vestel reported emissions for 9 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 Vestel's Scope 3 emissions?

In 2023, the largest contributors to Vestel's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 10,636,061 tCOâ‚‚e (88.46%)
  • Purchased Goods and Services (Cat. 1): 1,010,238 tCOâ‚‚e (8.4%)
  • Downstream Transportation and Distribution (Cat. 9): 245,146 tCOâ‚‚e (2.04%)

Vestel's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(88.5%)Purchased Goods andServices (Cat. 1)(8.4%)DownstreamTransportation andDistribution(Cat. 9)(2.0%)

Insights into Vestel's Total Carbon Footprint

In 2023, Vestel reported a total carbon footprint of 12,156,023 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.33% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Vestel's total carbon footprint was Scope 3 emissions, accounting for 98.92% of the company's total carbon footprint, followed by Scope 2 emissions at 0.93%.

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