Viva Energy Group Ltd

Common Name
Viva Energy Group
Country
Australia
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
15,201
Ticker
VEA
Exchange
ASX
Description
Viva Energy Group Ltd. is a prominent energy company in Australia, primarily engaged in the refining and marketing of fuel and related products. The company plays a critical role in supplying energy l...

Viva Energy Group's Climate Target Data Preview

As of 2024, Viva Energy Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Viva Energy Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Produced
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Viva Energy Group's Greenhouse Gas Emissions Pathways

As of 2024, Viva Energy Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Viva Energy Group have a target to reduce the emissions from its operations?

As of 2024, Viva Energy Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Viva Energy Group's most ambitious operational target is to reduce these emissions by 10% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Fuel Produced in 2019.

Instead of reducing operational emissions, Viva Energy Group has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Viva Energy Group's Operational (Scope 1+2) Emissions Pathway

20192024203000000Current (+7%)Target 2030 (-10%)
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