VP Bank AG
VP Bank's Climate Target Data Preview
As of 2024, VP Bank has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 3 intensity-based targets, 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 VP Bank's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas from Unspecified Activities | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind VP Bank’s Climate Targets Data
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Insights into VP Bank's Greenhouse Gas Emissions Pathways
As of 2024, VP Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does VP Bank have a target to reduce the emissions from its operations?
As of 2024, VP Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
VP Bank's most ambitious operational target is to reduce these emissions by 73.7% by 2030, compared to a baseline of 37.5 Metric Tonnes of CO2 equivalent (mtCO2e) in 2024.a
VP Bank's Operational (Scope 1+2) Emissions Pathway
Does VP Bank have a target to reduce the emissions from its value chain?
As of 2024, VP Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
VP Bank's most ambitious value chain target is to reduce these emissions by 34.74% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas from Unspecified Activities in 2024.a