Vinted Limited, headquartered in Great Britain, is a leading player in the online second-hand marketplace industry. Founded in 2008, Vinted has rapidly expanded its operations across Europe, with a strong presence in countries such as France, Germany, and the Netherlands. The platform primarily focuses on facilitating the buying, selling, and swapping of pre-loved clothing and accessories, catering to eco-conscious consumers seeking sustainable fashion options. What sets Vinted apart is its user-friendly interface and community-driven approach, allowing users to connect directly without seller fees. Over the years, Vinted has achieved significant milestones, including millions of active users and a robust market position as one of the largest platforms in the second-hand fashion sector. With a commitment to promoting circular fashion, Vinted continues to redefine the way people shop and engage with their wardrobes.
How does Vinted 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 Other 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.
Vinted Limited's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vinted Limited, headquartered in Great Britain, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for the most recent year is not available, Vinted has established significant reduction targets. The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. Furthermore, Vinted is committed to a long-term goal of reducing these emissions by 90% by 2050. In terms of Scope 3 emissions, Vinted plans to cut emissions from upstream transportation and distribution by 51.6% per upstream parcel delivered by 2030, and by 97% for both upstream and downstream transportation and distribution by 2050. Additionally, Vinted has committed that 68.2% of its suppliers, based on emissions from downstream transportation and distribution, will have science-based targets by 2028. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Vinted's commitment to maintaining a trajectory consistent with limiting global warming to 1.5°C. Overall, Vinted's climate strategy demonstrates a proactive approach to sustainability, focusing on substantial reductions in greenhouse gas emissions across all scopes.
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.
Vinted Limited 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.