QVC, Inc. Sustainability Profile
QVC, Inc., a leading player in the home shopping industry, is headquartered in the United States and operates extensively across North America and the UK. Founded in 1986, QVC has revolutionised the way consumers shop by offering a unique blend of live television shopping and e-commerce, allowing customers to purchase a diverse range of products from fashion and beauty to home goods and electronics. With a commitment to quality and customer engagement, QVC stands out through its interactive shopping experience, featuring live demonstrations and expert presentations. The company has achieved significant milestones, including being one of the first to integrate television and online shopping, solidifying its position as a pioneer in the retail sector. Today, QVC continues to thrive, boasting millions of loyal customers and a robust market presence, making it a trusted name in home shopping.
DitchCarbon Score
How does QVC, 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, Inc.'s score of 32 is higher than 55% 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, Inc.'s reported carbon emissions
In 2022, QVC, Inc. reported total carbon emissions of approximately 41,000,000 kg CO2e, comprising 13,616,000 kg CO2e from Scope 1, 51,618,000 kg CO2e from Scope 2, and 16,019,000 kg CO2e from Scope 3 emissions. Notably, the waste generated in operations accounted for about 37,738,000 kg CO2e within the Scope 3 category. Despite these figures, QVC, Inc. has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from QVC Group Inc., reflecting the company's current subsidiary status within a larger corporate family. As of now, QVC, Inc. has not publicly committed to any industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or similar pledges. The absence of reduction targets indicates a potential area for future development in their sustainability strategy.
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| 2022 | |
|---|---|
| Scope 1 | 13,616,000 |
| Scope 2 | 51,618,000 |
| Scope 3 | 16,019,000 |
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QVC, Inc.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Waste Generated in Operations" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
QVC, 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, 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.
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