PDD Holdings
PDD Holdings, also known as Pinduoduo, is a prominent player in the global e-commerce landscape, headquartered in the United States. Founded in 2015, the company has rapidly evolved, establishing a significant presence in major operational regions, particularly in Asia and North America. Specialising in innovative online retail solutions, PDD Holdings is renowned for its unique social commerce model, which integrates social interaction with shopping experiences. This approach not only enhances customer engagement but also drives competitive pricing through group purchasing. With a commitment to leveraging technology for a seamless shopping experience, PDD Holdings has achieved remarkable milestones, positioning itself as a leader in the industry. Its focus on user-centric services and cutting-edge technology continues to set it apart in the dynamic e-commerce sector.
DitchCarbon Score
How does PDD Holdings'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 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.
Industry Benchmark
PDD Holdings's score of 15 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PDD Holdings's reported carbon emissions
In 2023, PDD Holdings reported its carbon emissions data, indicating a focus on sustainability despite the absence of specific absolute emissions figures. The company operates under a revenue-based carbon footprint metric, with a reported carbon intensity of approximately 0.071 kg CO2e per USD of revenue. This metric reflects the emissions associated with Scope 1 and 2 activities, although detailed emissions data for these scopes has not been disclosed. Currently, PDD Holdings has not established any formal reduction targets or commitments, nor does it participate in the Science Based Targets initiative (SBTi). This lack of specific reduction initiatives suggests that while the company acknowledges the importance of climate action, it has yet to formalise its commitments in this area. As a global entity headquartered in the US, PDD Holdings is positioned within an industry increasingly scrutinised for its environmental impact. The absence of detailed emissions data and reduction targets highlights an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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.
PDD Holdings is not committed to any reduction initiatives 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.
