V-Mart Retail Limited, a prominent player in the Indian retail sector, is headquartered in Ahmedabad, Gujarat. Established in 2002, the company has carved a niche in the value retail industry, focusing on affordable fashion and everyday essentials. With a strong presence across northern and western India, V-Mart operates numerous stores that cater to diverse customer needs. The company offers a wide range of products, including apparel, footwear, and home essentials, distinguished by their quality and competitive pricing. V-Mart's commitment to providing value for money has solidified its position as a trusted brand among consumers. Over the years, V-Mart has achieved significant milestones, including rapid expansion and recognition for its innovative retail strategies, making it a key player in the Indian retail landscape.
How does V-Mart Retail 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 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.
V-Mart Retail Limited's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, V-Mart Retail Limited has not disclosed specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company reported a revenue of approximately USD 300 million but did not provide any emissions figures in kg CO2e for this year. Similarly, emissions data for the previous years (2022 and 2021) are also unavailable, with revenues of about USD 220 million and USD 147 million, respectively. V-Mart Retail Limited has not set any documented reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions at this time. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, V-Mart Retail Limited's current climate commitments and emissions profile remain unclear, highlighting an opportunity for the company to enhance its sustainability efforts and transparency in reporting.
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.
V-Mart Retail 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.