Venture Corporation Limited, often referred to simply as Venture, is a leading global provider of technology solutions headquartered in Singapore (SG). Established in 1984, the company has evolved into a key player in the electronics manufacturing services (EMS) sector, with significant operations across Asia, North America, and Europe. Venture excels in offering a diverse range of services, including product design, engineering, and manufacturing, primarily for industries such as healthcare, industrial, and telecommunications. Its commitment to innovation and quality has positioned it as a trusted partner for many Fortune 500 companies. Notable achievements include a robust portfolio of proprietary technologies and a reputation for delivering customised solutions that meet the unique needs of its clients. With a strong market presence, Venture continues to drive advancements in the technology landscape.
How does Venture Corporation Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Communication Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Venture Corporation Limited's score of 47 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Venture Corporation Limited reported total carbon emissions of approximately 71,712,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 1,411,000 kg CO2e and Scope 2 emissions at approximately 70,301,000 kg CO2e (market-based). This represents a significant reduction from 2023, where total emissions for Scope 1 and 2 were about 78,462,000 kg CO2e, with Scope 1 at approximately 2,659,000 kg CO2e and Scope 2 at about 75,803,000 kg CO2e (market-based). Venture has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and 2 GHG emissions by 2030, using 2022 as the baseline year. Additionally, the company has pledged to achieve net zero GHG emissions by 2050 for both Scope 1 and Scope 2 emissions. These targets reflect Venture's commitment to sustainability and its proactive approach to addressing climate change. The company has demonstrated a consistent focus on reducing its carbon footprint, with emissions intensity for Scope 1 and 2 reported at 0.02714 kg CO2e per SGD of revenue in 2024, down from 0.02677 kg CO2e per SGD in 2023. This trend indicates a positive trajectory towards achieving its reduction targets while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 2,894,000 | 0,000,000 | 0,000,000 |
Scope 2 | 91,538,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Venture Corporation Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.