Vestel Elektronik Sanayi Ve Ticaret
Vestel Elektronik Sanayi ve Ticaret, commonly known as Vestel, is a prominent player in the consumer electronics and home appliances industry, headquartered in Turkey (TR). Founded in 1984, the company has established itself as a leader in the production of televisions, white goods, and various electronic devices, catering to both domestic and international markets. With a strong presence in Europe and beyond, Vestel is renowned for its innovative technology and commitment to quality. The company’s core offerings include smart TVs, refrigerators, and washing machines, distinguished by their energy efficiency and cutting-edge features. Vestel's dedication to research and development has led to significant milestones, positioning it as a key competitor in the global market. Notably, Vestel has received accolades for its sustainable practices and advanced manufacturing capabilities, solidifying its reputation as a forward-thinking enterprise in the electronics sector.
DitchCarbon Score
How does Vestel Elektronik Sanayi Ve Ticaret'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.
Industry Average
Mean score of companies in the Retail Trade Services 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.
Industry Benchmark
Vestel Elektronik Sanayi Ve Ticaret's score of 81 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vestel Elektronik Sanayi Ve Ticaret's reported carbon emissions
In 2024, Vestel Elektronik Sanayi ve Ticaret reported total carbon emissions of approximately 11,646,900,000 kg CO2e across all scopes. This includes 17,388,000 kg CO2e from Scope 1, 102,990,000 kg CO2e from Scope 2, and a significant 11,646,900,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 120,377,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of about 12,024,226,000 kg CO2e, with Scope 1 emissions at 19,153,000 kg CO2e and Scope 2 emissions at 112,644,000 kg CO2e. This indicates a slight decrease in total emissions year-on-year. Vestel has set ambitious reduction targets, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2021 baseline. Additionally, they are committed to reducing Scope 3 emissions from the use of sold products by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are part of their broader commitment to achieving net zero emissions across all scopes by 2050. The company’s climate commitments reflect a proactive approach to sustainability, with ongoing initiatives to transform their entire value chain towards a net zero economy. This includes a long-term strategy to significantly reduce emissions and enhance environmental performance.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,194,940 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 51,248,170 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Vestel Elektronik Sanayi Ve Ticaret is participating in some 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.
