Viasat Inc

Common Name
Viasat
Country
United States
Sector
Technology
Industry
Communication Equipment
Employees
7,000
Ticker
VSAT
Exchange
NASDAQ/NGS
Description
Viasat Inc. is a prominent global communications company specializing in high-speed satellite broadband services and secure networking systems. The primary function of Viasat is to provide reliable in...

Viasat's GHG Emissions Data Preview

In 2023, Viasat 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).

Viasat 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Viasat’s Greenhouse Gas (GHG) Emissions Data

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a. Viasat's ESG Data Spreadsheet 2023
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Insights into Viasat's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Viasat amounted to 33,464 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 2022, the total operational greenhouse gas (GHG) emissions of Viasat increased by 18.88%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Viasat's Scope 1 Emissions Over Time

20212022202307001.4 k2.1 k2.8 ktCO2e+97%+13%
  • Total Scope 1
  • Year-over-Year Change

What are Viasat's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Viasat were 2,751 metric tons of CO₂ equivalent (tCO₂e). a

Has Viasat reduced its Scope 1 emissions over time?

Since 2021, Viasat's Scope 1 emissions have increased by 122.39%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Viasat's Scope 1 emissions increased by 13.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Viasat's Scope 2 emissions?

In 2023, Viasat reported Scope 2 greenhouse gas (GHG) emissions of 30,626 tCO₂e using the market-based method and 30,713 tCO₂e using the location-based method. a

Has Viasat reduced its Scope 2 emissions over time?

Since 2021, Viasat's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 16.59%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Viasat's Scope 2 emissions (Location-Based) rose by 19.42% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Viasat use for Scope 2 reporting?

In 2023, Viasat reported its Scope 2 emissions using the market-based method and using the location-based method. a

Viasat's Scope 2 Emissions Over Time

20212022202308 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Viasat's Value Chain Emissions

In 2023, Viasat reported 2,091,324 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 2023 disclosure of Viasat includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Viasat's Scope 3 Emissions Over Time

20230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Viasat's Scope 3 emissions?

In 2023, Viasat reported total Scope 3 emissions of 2,091,324 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 10.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.2% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Viasat disclose?

In 2023, Viasat 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 Viasat's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 1,777,728 tCO₂e (88.52%)
  • Purchased Goods and Services (Cat. 1): 183,195 tCO₂e (9.12%)
  • Investments (Cat. 15): 13,767 tCO₂e (0.69%)

Viasat's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(9.1%)Use of Sold Products(Cat. 11)(88.5%)

Insights into Viasat’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Viasat reported Scope 1 greenhouse gas (GHG) emissions of 2,751 tCO₂e and total revenues of USD 2,556 millions. This translates into an emissions intensity of 1.08 tCO₂e per millions USD. a

Viasat's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Hewlett Packard EnterpriseYear: 2024Scope 1: 39,227 tCO2eRevenue: $M 30,126Scope 1 Intensity: 1.30 tCO2e/$MBeldenYear: 2023Scope 1: 12,130 tCO2eRevenue: $M 2,512Scope 1 Intensity: 4.83 tCO2e/$MAlightYear: 2023Scope 1: 3,941 tCO2eRevenue: $M 3,410Scope 1 Intensity: 1.16 tCO2e/$MCisco SystemsYear: 2024Scope 1: 33,683 tCO2eRevenue: $M 53,807Scope 1 Intensity: 0.63 tCO2e/$MCienaYear: 2023Scope 1: 2,110 tCO2eRevenue: $M 4,387Scope 1 Intensity: 0.48 tCO2e/$MPlexusYear: 2023Scope 1: 8,510 tCO2eRevenue: $M 4,210Scope 1 Intensity: 2.02 tCO2e/$MMotorola SolutionsYear: 2024Scope 1: 14,181 tCO2eRevenue: $M 10,817Scope 1 Intensity: 1.31 tCO2e/$MADTRAN HoldingsYear: 2024Scope 1: 695 tCO2eRevenue: $M 923Scope 1 Intensity: 0.75 tCO2e/$MViavi SolutionsYear: 2023Scope 1: 988 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.89 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MZebra TechnologiesYear: 2023Scope 1: 2,614 tCO2eRevenue: $M 4,584Scope 1 Intensity: 0.57 tCO2e/$MLumentum HoldingsYear: 2024Scope 1: 8,715 tCO2eRevenue: $M 1,359Scope 1 Intensity: 6.41 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MKeysight TechnologiesYear: 2023Scope 1: 16,161 tCO2eRevenue: $M 5,464Scope 1 Intensity: 2.96 tCO2e/$MCommScope HoldingYear: 2023Scope 1: 42,381 tCO2eRevenue: $M 5,789Scope 1 Intensity: 7.32 tCO2e/$MCloudflareYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,669Scope 1 Intensity: 0.12 tCO2e/$MViasatYear: 2023Scope 1: 2,751 tCO2eRevenue: $M 2,556Scope 1 Intensity: 1.08 tCO2e/$M

How does Viasat's GHG emissions intensity compare to its peers?

In 2023, Viasat reported a Scope 1 emissions intensity of 1.08 tCO₂e per millions USD. Compared to the peer group median of 0.82, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Viasat rank on GHG emissions intensity within its industry?

In 2023, Viasat ranked 11 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Viasat is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Viasat's Total Carbon Footprint

In 2023, Viasat reported a total carbon footprint of 2,124,788 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7,448.36% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Viasat's total carbon footprint was Scope 3 emissions, accounting for 98.43% of the company's total carbon footprint, followed by Scope 2 emissions at 1.45%. a

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