Public Profile

VE Commercial Vehicles Limited

VE Commercial Vehicles Limited, commonly referred to as VECV, is a prominent player in the Indian automotive industry, headquartered in Gurgaon, India. Established in 2008, the company is a joint venture between the Volvo Group and Eicher Motors, focusing on the manufacture of commercial vehicles. VE Commercial Vehicles operates primarily in the heavy-duty truck and bus segments, offering a diverse range of products that include trucks, buses, and engines. Known for their innovative engineering and commitment to sustainability, VE Commercial Vehicles stands out with its advanced technology and fuel-efficient solutions. With a strong market presence in India and expanding operations in international markets, VE Commercial Vehicles has achieved significant milestones, including numerous awards for safety and environmental performance, solidifying its position as a leader in the commercial vehicle sector.

DitchCarbon Score

How does VE Commercial Vehicles 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.

16

Industry Average

Mean score of companies in the Motor Vehicle Retail 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.

24

Industry Benchmark

VE Commercial Vehicles Limited's score of 16 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

14%

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VE Commercial Vehicles Limited's reported carbon emissions

VE Commercial Vehicles Limited, headquartered in India, currently does not have available carbon emissions data for the most recent year. As a result, specific figures regarding their Scope 1, 2, or 3 emissions are not provided. In the absence of concrete emissions data, it is important to note that the company has not outlined any specific reduction targets or initiatives related to carbon emissions. This lack of documented climate commitments suggests that VE Commercial Vehicles Limited may still be in the early stages of developing a comprehensive sustainability strategy. As the automotive industry increasingly prioritises climate action, it will be essential for VE Commercial Vehicles to establish clear goals and initiatives to align with global standards and expectations for reducing carbon footprints.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. VE Commercial Vehicles Limited's primary industry is Sale, maintenance, repair of motor vehicles, motor vehicles parts, motorcycles, motor cycles parts and accessoiries, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for VE Commercial Vehicles Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

VE Commercial Vehicles 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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