Vygruppen
Vygruppen, commonly known as Vy, is a leading transport company headquartered in Norway. Established in 2019, Vy has rapidly positioned itself as a key player in the Nordic transport industry, primarily focusing on rail and bus services across Norway and Sweden. The company offers a range of core services, including passenger transport, freight solutions, and integrated travel services, all designed to enhance the customer experience through innovative technology and sustainable practices. Vy's commitment to environmental responsibility and customer satisfaction sets it apart in a competitive market. With a strong emphasis on safety and efficiency, Vygruppen has achieved significant milestones, including the modernisation of its fleet and the expansion of its service network. As a result, Vy has become synonymous with reliable and eco-friendly transport solutions in the region.
DitchCarbon Score
How does Vygruppen'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 Rail Transport 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
Vygruppen's score of 55 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vygruppen's reported carbon emissions
In 2024, Vygruppen AS reported total carbon emissions of approximately 249,294,000 kg CO2e, with Scope 1 emissions at about 121,423,000 kg CO2e, Scope 2 emissions at approximately 29,811,000 kg CO2e (market-based), and Scope 3 emissions reaching about 208,872,000 kg CO2e. This represents a reduction from 2023, where total emissions were approximately 274,608,000 kg CO2e, with Scope 1 at about 125,485,000 kg CO2e, Scope 2 at approximately 32,398,000 kg CO2e, and Scope 3 at about 116,725,000 kg CO2e. Since 2013, Vygruppen has achieved a 19% reduction in absolute emissions, equating to about 58,300 tonnes CO2e. The company has set ambitious targets aligned with the Paris Agreement, aiming for a 42% reduction in direct (Scope 1) emissions and a 25% reduction in indirect (Scope 2) emissions by 2030, with a long-term goal of achieving a 90% reduction in total emissions by 2050 compared to 2023 levels. Vygruppen is committed to net-zero emissions by 2050, as confirmed by their Science Based Targets initiative (SBTi) commitments. The company has disclosed emissions across all scopes, demonstrating transparency and accountability in their climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 114,364,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 23,742,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 113,423,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 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.
Vygruppen 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.
