RVBA-VOLKS◇Private

Volkswagen

Verified credentials

SBTi Validated1.5°C

Decarbonisation trajectory · all scopes

Scope 3· base 2015 · 408.6M tCO2e

Headline intensities

·Values in USD ($)

Peer cohort: — · lower is better

Revenue intensity

Carbon / $m revenue

—tCO2e / $m revenue

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

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Operational intensity

Carbon / $m OpEx

—tCO2e / $m OpEx

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

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Economic intensity

Carbon / $m EVIC

—tCO2e / $m EVIC

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

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Asset intensity

Carbon / $m PP&E + leased

—tCO2e / $m PP&E

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

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Climate action evidence

248 records · 3 sources

Net-zero claim · FY2050 · In corporate strategy · nzt

achieve net carbon neutrality by 2050 (pg 236)

Carbon credits retired

329 tCO2e

1 retirement · FY2025 · third-party verified

No self-reported carbon removals for FY2025.

Last traced year · FY2026 · 247 tCO2e across 1 retirement

By credit quality

Avoidance / reductions329 tCO2e(100%)

Retirements by year and credit class

2025

329tCO₂e

2024

16ktCO₂e

2023

2.9MtCO₂e

AvoidanceUnclassified

Renewable electricity

No third-party REC retirements on file and no self-reported renewable share disclosed.

Sources

· berkeley_voluntary_registry
· gold_standard
· CarbonPlan OffsetsDB

Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

6 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2Absolute	2024	2030	4,478,880 tCO2e	1.5°C	absolute-value target	—
Scope 1 + 2Absolute	2018	2030	−50%	1.5°C	insufficient data	—
Scope 1 + 2 + 3	2018	2030	−30%	In corporate strategy	insufficient data	—
Scope 3	—	2030	—	2°C	absolute-value target	—
Scope 3	2015	2025	−20%	2°C	−0.0% reductionof −20% target · 0% there	Off track
Scope 3	2018	2030	−30%	2°C	−0.0% reductionof −30% target · 0% there	Off track

Long-term

2 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2Absolute	2018	2040	903,000 tCO2e	Not validated	absolute-value target	—
Scope 3	2018	2050	41,298,669 tCO2e	Not validated	absolute-value target	—

Net zero

1 target

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2	2018	2050	—	In corporate strategy	absolute-value target	—

⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.

Progress · absolute tCO2e

no Scope 1 + 2 trajectory data

Scope 3 trajectory vs target

Scope 3 · 20% by 2025 · 2°C

ActualLinear1.5°C

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Latest reporting year· 2 earlier years on Data-by-year tab

all years + ratios →

2026

reporting year

Financials

Revenue—

OpEx—

FTE—

Market cap (FY-end)—

Climate

Scope 1—

Scope 2 (market)—

Scope 2 (location)—

Scope 3 total—