In 2025, Victoria 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).
Victoria has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 173,229a | 210,994b | N/A | |
Total Scope 2 | ||||
Location-Based | 57,301a | 68,794b | N/A | |
Total Scope 3 | 279a | 228b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 119.7465a | 135.4078b | N/A |
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In 2025, the total operational greenhouse gas (GHG) emissions of Victoria amounted to 230,530 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 Victoria decreased by 17.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2025, the total Scope 1 emissions of Victoria were 173,229 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2024), Victoria's Scope 1 emissions decreased by 17.9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2025, Victoria reported Scope 2 greenhouse gas (GHG) emissions of 57,301 tCO₂e using the location-based method.a
Compared to the previous year (2024), Victoria's Scope 2 emissions (Location-Based) fell by 16.71% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2025, Victoria reported its Scope 2 emissions using the location-based method.a
In 2025, Victoria reported 279 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 Victoria includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Victoria reported total Scope 3 emissions of 279 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Victoria's Scope 3 emissions increased by 22.37%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2025, Victoria reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Victoria's Scope 3 emissions were:a
In 2025, Victoria reported Scope 1 greenhouse gas (GHG) emissions of 173,229 tCO₂e and total revenues of USD 1,447 millions. This translates into an emissions intensity of 119.75 tCO₂e per millions USD.a
In 2025, Victoria reported a Scope 1 emissions intensity of 119.75 tCO₂e per millions USD. Compared to the peer group median of 7.78, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Victoria ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Victoria among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Victoria reported a total carbon footprint of 230,809 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.57% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Victoria's total carbon footprint was Scope 1 emissions, accounting for 75.05% of the company's total carbon footprint, followed by Scope 2 emissions at 24.83%.a