In 2025, VGP 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).
VGP 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) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 639a | 742a | 924a | |
Total Scope 2 | ||||
Market-Based | 12a | 142a | 17a | |
Location-Based | 282a | 264a | 144a | |
Total Scope 3 | 187,712a | 205,644a | 265,333a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.6066a | 5.8733a | 7.3409a |
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In 2025, the total operational greenhouse gas (GHG) emissions of VGP amounted to 921 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 2024, the total operational greenhouse gas (GHG) emissions of VGP decreased by 8.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of VGP were 639 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, VGP's Scope 1 emissions have decreased by 24.02%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), VGP's Scope 1 emissions decreased by 13.88%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, VGP reported Scope 2 greenhouse gas (GHG) emissions of 12 tCO₂e using the market-based method and 282 tCO₂e using the location-based method.a
Since 2020, VGP's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 122.05%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), VGP's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that VGP's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, VGP reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, VGP reported 187,712 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 2025 disclosure of VGP includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, VGP reported total Scope 3 emissions of 187,712 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 8.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.69% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, VGP's Scope 3 emissionshave remained relatively stable, indicating that VGP's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2024), VGP's Scope 3 emissions remained relatively stable, indicating that VGP's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, VGP 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.
In 2025, the largest contributors to VGP's Scope 3 emissions were:a
In 2025, VGP reported Scope 1 greenhouse gas (GHG) emissions of 639 tCO₂e and total revenues of USD 177 millions. This translates into an emissions intensity of 3.61 tCO₂e per millions USD.a
In 2025, VGP reported a Scope 1 emissions intensity of 3.61 tCO₂e per millions USD. Compared to the peer group median of 2.14, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, VGP ranked 12 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
VGP is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, VGP reported a total carbon footprint of 188,633 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.72% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to VGP's total carbon footprint was Scope 3 emissions, accounting for 99.51% of the company's total carbon footprint, followed by Scope 1 emissions at 0.34%.a