Volkswagen AG

Common Name
Volkswagen
Country
Germany
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
684,025
Ticker
VOW
Exchange
XETRA
Description
Volkswagen AG is a prominent German automotive manufacturer known for producing a wide range of vehicles under multiple globally recognized brands, including Volkswagen, Audi, and Porsche. Founded in ...

Volkswagen's GHG Emissions Data Preview

In 2024, Volkswagen 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).

Volkswagen has also provided a category-level breakdown for 14 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
Market-Based
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Location-Based
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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 Volkswagen's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Volkswagen amounted to 7,500,000 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 2023, the total operational greenhouse gas (GHG) emissions of Volkswagen decreased by 9.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Volkswagen's Scope 1 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e+13%-1%+9%-5%-10%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Volkswagen's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Volkswagen were 3,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Volkswagen reduced its Scope 1 emissions over time?

Since 2018, Volkswagen's Scope 1 emissions have decreased by 15.6%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Volkswagen's Scope 1 emissions decreased by 18.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Volkswagen's Scope 2 emissions?

In 2024, Volkswagen reported Scope 2 greenhouse gas (GHG) emissions of 1,100,000 tCOâ‚‚e using the market-based method, and 4,200,000 tCOâ‚‚e using the location-based method.

Has Volkswagen reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Volkswagen's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Volkswagen 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Volkswagen use for Scope 2 reporting?

In 2024, Volkswagen reported its Scope 2 emissions using the market-based method and using the location-based method.

Volkswagen's Scope 2 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Volkswagen's Value Chain Emissions

In 2024, Volkswagen reported 812,008,305 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 2024 disclosure of Volkswagen includes a breakdown across 14 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 chain

Volkswagen's Scope 3 Emissions Over Time

20182019202020212022202320240250 M500 M750 M1 BtCO2e-17%-18%-1%+9%+8%+89%
  • Total Scope 3
  • Year-over-Year Change

What are Volkswagen's Scope 3 emissions?

In 2024, Volkswagen reported total Scope 3 emissions of 812,008,305 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 14.23% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.77% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Volkswagen reduced its Scope 3 emissions over time?

Since 2018, Volkswagen's Scope 3 emissions have increased by 51.34%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Volkswagen's Scope 3 emissions increased by 89.23%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Volkswagen disclose?

In 2024, Volkswagen reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Volkswagen's Scope 3 emissions?

In 2024, the largest contributors to Volkswagen's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 688,341,908 tCOâ‚‚e (84.77%)
  • Purchased Goods and Services (Cat. 1): 96,914,020 tCOâ‚‚e (11.94%)
  • Capital Goods (Cat. 2): 9,712,587 tCOâ‚‚e (1.2%)

Volkswagen's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(11.9%)Capital Goods(Cat. 2)(1.2%)Use of Sold Products(Cat. 11)(84.8%)

Insights into Volkswagen's Total Carbon Footprint

In 2024, Volkswagen reported a total carbon footprint of 819,508,305 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 87.34% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Volkswagen's total carbon footprint was Scope 3 emissions, accounting for 99.08% of the company's total carbon footprint, followed by Scope 2 emissions at 0.51%.