In 2024, Vtech Holdings 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).
However, Vtech Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,604a | 3,886a | 4,728a | |
Total Scope 2 | ||||
Location-Based | 65,915a | 69,336a | 81,013a | |
Total Scope 3 | 7,704a | 7,538a | 16,295a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.6796a | 0.2227a | 1.9945a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Vtech Holdings amounted to 69,519 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Vtech Holdings decreased by 5.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Vtech Holdings were 3,604 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Vtech Holdings's Scope 1 emissions have decreased by 28.14%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Vtech Holdings's Scope 1 emissions decreased by 7.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Vtech Holdings reported Scope 2 greenhouse gas (GHG) emissions of 65,915 tCO₂e using the location-based method.a
Since 2019, Vtech Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.96%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Vtech Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Vtech Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Vtech Holdings reported its Scope 2 emissions using the location-based method.a
In 2024, Vtech Holdings reported 7,704 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Vtech Holdings includes a breakdown across 0 of 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
In 2024, Vtech Holdings reported total Scope 3 emissions of 7,704 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Vtech Holdings's Scope 3 emissions remained relatively stable, indicating that Vtech Holdings's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Vtech Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,604 tCO₂e and total revenues of USD 2,146 millions. This translates into an emissions intensity of 1.68 tCO₂e per millions USD.a
In 2024, Vtech Holdings reported a Scope 1 emissions intensity of 1.68 tCO₂e per millions USD. Compared to the peer group median of 1.61, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Vtech Holdings ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Vtech Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Vtech Holdings reported a total carbon footprint of 77,223 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Vtech Holdings's total carbon footprint was Scope 2 emissions, accounting for 85.36% of the company's total carbon footprint, followed by Scope 3 emissions at 9.98%.a