QVC Group Inc. Sustainability Profile
QVC Group Inc., a leading player in the home shopping industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1986, QVC has revolutionised the retail landscape by combining television, online, and mobile shopping experiences, making it a pioneer in the e-commerce sector. The company offers a diverse range of products, including fashion, beauty, electronics, and home goods, distinguished by its commitment to quality and customer engagement. QVC's unique selling proposition lies in its interactive shopping format, allowing customers to connect with hosts and brands in real-time. With a strong market position, QVC Group Inc. has achieved significant milestones, including being one of the largest multimedia retailers globally. Its innovative approach continues to set trends in the retail industry, solidifying its reputation as a trusted source for consumers seeking convenience and variety.
DitchCarbon Score
How does QVC Group Inc.'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
QVC Group Inc.'s score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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QVC Group Inc.'s reported carbon emissions
In 2020, QVC Group Inc. reported total carbon emissions of approximately 114,244,000 kg CO2e. This figure includes Scope 1 emissions of about 14,018,000 kg CO2e, Scope 2 emissions of approximately 12,555,000 kg CO2e, and significant Scope 3 emissions amounting to about 87,671,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 26,573,000 kg CO2e. QVC Group Inc. has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 14% from a 2018 baseline by the end of 2022. This target reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for corporate sustainability. The emissions data is not cascaded from any parent organisation, indicating that QVC Group Inc. independently reports its carbon footprint and climate initiatives. The company is committed to transparency and accountability in its environmental performance, as evidenced by its detailed emissions disclosures.
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| 2020 | |
|---|---|
| Scope 1 | 14,018,000 |
| Scope 2 | 12,555,000 |
| Scope 3 | 87,671,000 |
How Carbon Intensive is QVC Group Inc.'s Industry?
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QVC Group Inc.'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.
QVC Group Inc. 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.
