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 GHG Emissions Data Preview

In 2023, Viva Energy 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).

Viva Energy Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Viva Energy Group amounted to 1,299,183 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Viva Energy Group decreased by 5.75%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Viva Energy Group's Scope 1 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e+5%-10%-7%+17%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Viva Energy Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Viva Energy Group were 997,508 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Viva Energy Group reduced its Scope 1 emissions over time?

Since 2018, Viva Energy Group's Scope 1 emissions have decreased by 6.04%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Viva Energy Group's Scope 1 emissions decreased by 8.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Viva Energy Group's Scope 2 emissions?

In 2023, Viva Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 301,675 tCOâ‚‚e without specifying the calculation method.

Has Viva Energy Group reduced its Scope 2 emissions over time?

Since 2018, Viva Energy Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Viva Energy Group 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Viva Energy Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Viva Energy Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Viva Energy Group use for Scope 2 reporting?

In 2023, Viva Energy Group reported its Scope 2 emissions using an unspecified methodology.

Viva Energy Group's Scope 2 Emissions Over Time

201820192020202120222023085 k170 k255 k340 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Viva Energy Group's Value Chain Emissions

In 2023, Viva Energy Group reported 45,672,353 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Viva Energy Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Viva Energy Group's Scope 3 Emissions Over Time

202120222023015 M30 M45 M60 MtCO2e+7%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Viva Energy Group's Scope 3 emissions?

In 2023, Viva Energy Group reported total Scope 3 emissions of 45,672,353 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 14.79% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.21% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Viva Energy Group's Scope 3 emissions increased by 20.47%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Viva Energy Group disclose?

In 2023, Viva Energy Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Viva Energy Group's Scope 3 emissions?

In 2023, the largest contributors to Viva Energy Group's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 38,843,987 tCOâ‚‚e (85.05%)
  • Purchased Goods and Services (Cat. 1): 5,721,993 tCOâ‚‚e (12.53%)
  • Upstream Transportation and Distribution (Cat. 4): 974,956 tCOâ‚‚e (2.13%)

Viva Energy Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(85.0%)UpstreamTransportation andDistribution(Cat. 4)(2.1%)Purchased Goods andServices (Cat. 1)(12.5%)

Insights into Viva Energy Group's Total Carbon Footprint

In 2023, Viva Energy Group reported a total carbon footprint of 46,971,536 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.55% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Viva Energy Group's total carbon footprint was Scope 3 emissions, accounting for 97.23% of the company's total carbon footprint, followed by Scope 1 emissions at 2.12%.

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