QVC Group Inc.
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 33 is higher than 57% 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 2021, QVC Group Inc. reported total carbon emissions of approximately 9,018,000,000 kg CO2e. This figure reflects the company's global operations and highlights the significant environmental impact of its activities. In the previous year, 2020, QVC's emissions were reported at about 114,244,000 kg CO2e, with a breakdown of 14,018,000 kg CO2e from Scope 1, 12,555,000 kg CO2e from Scope 2, and 87,671,000 kg CO2e from Scope 3 emissions. QVC has set ambitious climate commitments, aiming to reduce Scope 1 and 2 greenhouse gas emissions by 14% by 2022, using a 2018 baseline. This target demonstrates the company's proactive approach to mitigating its carbon footprint. Additionally, QVC is committed to long-term net-zero goals for both Scope 1 and Scope 2 emissions, with a timeframe extending to 2050. The company has made strides in reducing its environmental impact, achieving a 17% reduction in gas vented/flared in 2021. These initiatives reflect QVC's dedication to enhancing the sustainability of its operations and products, aligning with industry standards for climate action.
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| 2020 | |
|---|---|
| Scope 1 | 14,018,000 |
| Scope 2 | 12,555,000 |
| Scope 3 | 87,671,000 |
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.
QVC Group Inc. is not participating in any 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.
