VZ Holding AG

Common Name
VZ Holding
Country
Switzerland
Sector
Financial Services
Industry
Asset Management
Employees
1,567
Ticker
VZN
Exchange
SIX SWISS EXCHANGE
Description
VZ Holding AG is a Swiss-based financial services company offering a variety of wealth management solutions. Its primary function is to provide independent advice and services in the areas of investme...

VZ Holding's GHG Emissions Data Preview

In 2024, VZ Holding 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).

VZ Holding has also provided a category-level breakdown for 5 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 VZ Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of VZ Holding amounted to 430 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 VZ Holding decreased by 6.72%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

VZ Holding's Scope 1 Emissions Over Time

2021202220232024090180270360tCO2e+23%+68%-9%
  • Total Scope 1
  • Year-over-Year Change

What are VZ Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of VZ Holding were 316 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has VZ Holding reduced its Scope 1 emissions over time?

Since 2021, VZ Holding's Scope 1 emissions have increased by 86.98%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), VZ Holding's Scope 1 emissions decreased by 9.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are VZ Holding's Scope 2 emissions?

In 2024, VZ Holding reported Scope 2 greenhouse gas (GHG) emissions of 114 tCOâ‚‚e without specifying the calculation method.

Has VZ Holding reduced its Scope 2 emissions over time?

Since 2021, VZ Holding's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 34.1%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), VZ Holding's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that VZ Holding 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does VZ Holding use for Scope 2 reporting?

In 2024, VZ Holding reported its Scope 2 emissions using an unspecified methodology.

VZ Holding's Scope 2 Emissions Over Time

202120222023202404590135180tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into VZ Holding's Value Chain Emissions

In 2024, VZ Holding reported 987,453.47 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 VZ Holding includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

VZ Holding's Scope 3 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e+12%+64%+47374%
  • Total Scope 3
  • Year-over-Year Change

What are VZ Holding's Scope 3 emissions?

In 2024, VZ Holding reported total Scope 3 emissions of 987,453.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.79% came from downstream activities like product use, distribution, and end-of-life treatment.

Has VZ Holding reduced its Scope 3 emissions over time?

Since 2021, VZ Holding's Scope 3 emissions have increased by 87,362.66%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), VZ Holding's Scope 3 emissions increased by 47,373.72%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does VZ Holding disclose?

In 2024, VZ Holding reported emissions for 5 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 VZ Holding's Scope 3 emissions?

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

  • Investments (Cat. 15): 985,408.47 tCOâ‚‚e (99.79%)
  • Purchased Goods and Services (Cat. 1): 1,378 tCOâ‚‚e (0.14%)
  • Employee Commuting (Cat. 7): 544 tCOâ‚‚e (0.06%)

VZ Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into VZ Holding's Total Carbon Footprint

In 2024, VZ Holding reported a total carbon footprint of 987,883.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38,777.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to VZ Holding's total carbon footprint was Scope 3 emissions, accounting for 99.96% of the company's total carbon footprint, followed by Scope 1 emissions at 0.03%.

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