In 2024, Vistance Networks 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).
Vistance Networks has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 38,175a | 43,231a | 60,621a | |
Total Scope 2 | ||||
Market-Based | 79,808a | 86,002a | 101,550a | |
Location-Based | 85,662a | 94,680a | 113,272a | |
Total Scope 3 | 2,372,245a | 3,351,297a | 4,842,406a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 9.0768a | 7.4675a | 8.0563a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Vistance Networks amounted to 123,837 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 Vistance Networks decreased by 10.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Vistance Networks were 38,175 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Vistance Networks's Scope 1 emissions have decreased by 47.47%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Vistance Networks's Scope 1 emissions decreased by 11.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Vistance Networks reported Scope 2 greenhouse gas (GHG) emissions of 79,808 tCO₂e using the market-based method and 85,662 tCO₂e using the location-based method.a
Since 2019, Vistance Networks's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.89%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Vistance Networks's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Vistance Networks's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Vistance Networks reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Vistance Networks reported 2,372,245 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 Vistance Networks includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 12 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Vistance Networks reported total Scope 3 emissions of 2,372,245 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 31.54% of these emissions originated from upstream activities such as purchased goods and capital goods, while 68.46% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Vistance Networks's Scope 3 emissions have decreased by 44.19%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Vistance Networks's Scope 3 emissions decreased by 29.21%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Vistance Networks reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Vistance Networks's Scope 3 emissions were:a
In 2024, Vistance Networks reported Scope 1 greenhouse gas (GHG) emissions of 38,175 tCO₂e and total revenues of USD 4,206 millions. This translates into an emissions intensity of 9.08 tCO₂e per millions USD.a
In 2024, Vistance Networks reported a Scope 1 emissions intensity of 9.08 tCO₂e per millions USD. Compared to the peer group median of 1.35, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Vistance Networks ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Vistance Networks among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Vistance Networks reported a total carbon footprint of 2,496,082 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.46% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Vistance Networks's total carbon footprint was Scope 3 emissions, accounting for 95.04% of the company's total carbon footprint, followed by Scope 2 emissions at 3.43%.a