PDD Holdings Sustainability Profile
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 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PDD Holdings's reported carbon emissions
In 2023, PDD Holdings, headquartered in the US, reported its carbon emissions data, although specific absolute emissions figures were not disclosed. The company has provided a carbon footprint metric of approximately 0.071 kg CO2e per USD of revenue, indicating its emissions intensity relative to financial performance. However, there is no available data on Scope 1, Scope 2, or Scope 3 emissions, nor any specific reduction targets or climate commitments outlined in their reports. PDD Holdings has not cascaded emissions data from any parent or related organisations, and there are no documented climate pledges or initiatives aimed at reducing carbon emissions. As such, the company currently lacks defined strategies for addressing its carbon footprint or achieving sustainability goals.
How Carbon Intensive is PDD Holdings's Industry?
How Carbon Intensive is PDD Holdings's Location?
PDD Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
PDD Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
