In 2024, Viel et Compagnie 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).
Viel et Compagnie 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 |
|---|---|---|
Total Scope 1 | 420a | 399a |
Total Scope 2 | ||
Location-Based | 2,675a | 2,595a |
Total Scope 3 | 34,958a | 34,107a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.3354a | 0.3291a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Viel et Compagnie amounted to 3,095 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 2023, the total operational greenhouse gas (GHG) emissions of Viel et Compagnie increased by 3.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Viel et Compagnie were 420 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Viel et Compagnie's Scope 1 emissions increased by 5.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Viel et Compagnie reported Scope 2 greenhouse gas (GHG) emissions of 2,675 tCO₂e using the location-based method.a
Compared to the previous year (2023), Viel et Compagnie's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Viel et Compagnie's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Viel et Compagnie reported its Scope 2 emissions using the location-based method.a
In 2024, Viel et Compagnie reported 34,958 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 Viel et Compagnie includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Viel et Compagnie reported total Scope 3 emissions of 34,958 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 78.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.58% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Viel et Compagnie's Scope 3 emissions remained relatively stable, indicating that Viel et Compagnie's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Viel et Compagnie 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 2024, the largest contributors to Viel et Compagnie's Scope 3 emissions were:a
In 2024, Viel et Compagnie reported Scope 1 greenhouse gas (GHG) emissions of 420 tCO₂e and total revenues of USD 1,252 millions. This translates into an emissions intensity of 0.34 tCO₂e per millions USD.a
In 2024, Viel et Compagnie reported a Scope 1 emissions intensity of 0.34 tCO₂e per millions USD. Compared to the peer group median of 0.2, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Viel et Compagnie ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Viel et Compagnie is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Viel et Compagnie reported a total carbon footprint of 38,053 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.57% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Viel et Compagnie's total carbon footprint was Scope 3 emissions, accounting for 91.87% of the company's total carbon footprint, followed by Scope 2 emissions at 7.03%.a