Sustainability

Building a sustainable future

Our strategy

Vanguard's corporate sustainability goals and targets

Chart showing the climate-related goals Vanguard established in January 2020 for our global operations. The first goal was to use 100% renewable energy in our global operations by 2021. Status: Vanguard achieved 100% renewable energy usage in 2021 and 2022; the goal now is to maintain 100% renewable energy usage moving forward. The second goal was to reach carbon neutrality throughout our global operations by 2025. Status: Vanguard was 71% carbon neutral by year-end 2022.
Chart showing 2025 climate-related targets for Vanguard as a company compared to a 2019 baseline: a 20% reduction in emissions. The chart also shows actual results through 2022.
Chart showing 2025 climate-related targets for Vanguard as a company compared to a 2019 baseline: 5% reduction in electricity usage. The chart also shows actual results through 2022.
Chart showing 2025 climate-related targets for Vanguard as a company compared to a 2019 baseline: a 20% reduction in water usage. The chart also shows actual results through 2022.
Chart showing 2025 climate-related targets for Vanguard as a company compared to a 2019 baseline: the diversion of 80% of company waste from landfills. The chart also shows actual results through 2022.

Our approach

Operational efficiencies

Sustainable design

Renewable energy and carbon offsets

Engaging our crew

Vanguard's 2022 global carbon footprint

Chart showing Vanguard’s operational carbon emissions broken down by Scopes 1, 2, and 3 as defined by the Greenhouse Gas Protocol from 2020 through 2022. Measured in metric tons of carbon dioxide equivalent, or tCO2e, Scope 1 emissions increased from 3,240 tCO2e, to 4,375 tCO2e; Scope 2 location-based electricity emissions decreased from 39,707 tCO2e to 34,361 tCO2e, not including our purchase of renewable energy certificates; Scope 2 market-based electricity emissions decreased from 20,431 tCO2e to 0 tCO2e after our purchase of renewable energy certificates; and Scope 3 emissions increased to 44,699 tCO2e from 21,894 tCO2e. The total location-based carbon emissions for Scopes 1, 2, and 3 increased from 64,841 tCO2e to 83,435 tCO2e before any purchased renewable energy certificates or carbon offsets. The total reported emissions, including Scope 1, Scope 2 market-based, and Scope 3 and excluding our purchased carbon offsets, decreased from 45,565 tCO2e to 24,573 tCO2e.
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