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Vitec Software Group AB (publ)
Vitec Software Group's GHG Emissions Data Preview
In 2024, Vitec Software Group 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).
Vitec Software Group has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Vitec Software Group’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Vitec Software Group’s data sources below and access millions more through our Disclosure Search.
Insights into Vitec Software Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofVitec Software Group amounted to529.9metric 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 Vitec Software Groupincreased by 10.35%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Vitec Software Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vitec Software Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Vitec Software Group were 181.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Vitec Software Group reduced its Scope 1 emissions over time?
Since 2019, Vitec Software Group's Scope 1 emissions have increased by 13.28%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Vitec Software Group's Scope 1 emissions increased by 10.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Vitec Software Group's Scope 2 emissions?
In 2024, Vitec Software Group reported Scope 2 greenhouse gas (GHG) emissions of 159.2 tCOâ‚‚e using the market-based method and 348.2 tCOâ‚‚e using the location-based method.a
Has Vitec Software Group reduced its Scope 2 emissions over time?
Since 2019, Vitec Software Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 42.47%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Vitec Software Group's Scope 2 emissions(Location-Based) rose by 10.12% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Vitec Software Group use for Scope 2 reporting?
In 2024, Vitec Software Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Vitec Software Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Vitec Software Group's Value Chain Emissions
In 2024, Vitec Software Group reported 1,107.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Vitec Software Group includes a breakdown across 4of 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
Vitec Software Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vitec Software Group's Scope 3 emissions?
In 2024, Vitec Software Group reported total Scope 3 emissions of 1,107.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Vitec Software Group reduced its Scope 3 emissions over time?
Since 2019, Vitec Software Group's Scope 3 emissionshave increased by 40.78%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Vitec Software Group's Scope 3 emissions increased by 19.97%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Vitec Software Group disclose?
In 2024, Vitec Software Group reported emissions for 4 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.
What are the main sources of Vitec Software Group's Scope 3 emissions?
In 2024, the largest contributors to Vitec Software Group's Scope 3 emissions were:a
- Business Travel (Cat. 6): 504.9 tCOâ‚‚e(45.57%)
- Capital Goods (Cat. 2): 428.1 tCOâ‚‚e(38.64%)
- Purchased Goods and Services (Cat. 1): 160.3 tCOâ‚‚e(14.47%)
Vitec Software Group's Scope 3 Emissions by Categories
Insights into Vitec Software Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Vitec Software Group reported Scope 1 greenhouse gas (GHG) emissions of 181.7 tCOâ‚‚e and total revenues of USD 303 millions. This translates into an emissions intensity of 0.6 tCOâ‚‚e per millions USD.a
Vitec Software Group's Scope 1 Emissions Intensity Compared to Peers
How does Vitec Software Group's GHG emissions intensity compare to its peers?
In 2024, Vitec Software Group reported a Scope 1 emissions intensity of 0.6 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Vitec Software Group rank on GHG emissions intensity within its industry?
In 2024, Vitec Software Group ranked 14 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Vitec Software Group among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Vitec Software Group's Total Carbon Footprint
In 2024, Vitec Software Group reported a total carbon footprint of 1,637.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Vitec Software Group's total carbon footprint was Scope 3 emissions, accounting for 67.65% of the company's total carbon footprint, followed by Scope 2 emissions at 21.26%.a