QVC Group Inc., a prominent player in the retail trade services sector, is headquartered in the United States and operates extensively across various regions. Founded in 1986, the company has established itself as a leader in home shopping, offering a diverse range of products that include electronics, fashion, beauty, and home goods.
QVC is renowned for its unique interactive shopping experience, allowing customers to engage with products through live broadcasts and online platforms. This innovative approach has positioned QVC as a trusted name in retail, with a strong market presence and a loyal customer base. The company continues to evolve, embracing new technologies and trends to enhance its service offerings and maintain its competitive edge in the retail landscape.
+8 vs industry average
QVC Group Inc.’s score of 43 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
QVC Group Inc.'s reported carbon emissions
QVC Group Inc., a retail trade services company based in the US, has reported its greenhouse gas (GHG) emissions for the years 2018 through 2024. In 2024, the company's total reported emissions were approximately 695.5 million kg CO2e. This comprised: * Scope 1 emissions: approximately 12.3 million kg CO2e * Scope 2 emissions: approximately 38.1 million kg CO2e * Scope 3 emissions: approximately 631.2 million kg CO2e, with purchased goods and services accounting for about 529.8 million kg CO2e and upstream transportation and distribution for approximately 101.4 million kg CO2e. For 2023, QVC Group Inc. reported total emissions of approximately 792.6 million kg CO2e, with Scope 1 at about 11.1 million kg CO2e, Scope 2 at around 40.4 million kg CO2e, and Scope 3 at approximately 731.2 million kg CO2e. The company has previously set a target to reduce scope 1 and 2 GHG emissions by 14% from a 2018 baseline by 2022. Scope 1 emissions in 2018 were approximately 14.5 million kg CO2e, and Scope 2 emissions were about 64.5 million kg CO2e. By 2022, Scope 1 emissions were around 12.4 million kg CO2e and Scope 2 emissions were approximately 46.0 million kg CO2e. QVC Group Inc. has disclosed its emissions data for the retail trade services sector. Its emissions reporting includes scope 1, 2, and 3 categories. Significant reductions in Scope 3 emissions have been observed between 2022 (approximately 2.6 billion kg CO2e) and 2023 (approximately 731.2 million kg CO2e), and further to 2024 (approximately 631.2 million kg CO2e).
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QVC Group Inc.’s Climate Goals (2030 & 2050)
2 goals2022
14% reduction in Scope 2
By 2022, reduce scope 1 and 2 GHG emissions from operations worldwide by 14% from a 2018 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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