Very
Very, officially known as The Very Group, is a leading online retailer headquartered in GB, with significant operations across the UK. Founded in 2009, the company has rapidly evolved within the e-commerce industry, specialising in fashion, homeware, and electrical goods. Very distinguishes itself through its unique combination of retail and financial services, offering customers flexible payment options and a seamless shopping experience. With a strong market position, it has garnered recognition for its innovative approach to online shopping and customer engagement. As a prominent player in the UK retail landscape, Very continues to expand its product offerings and enhance its digital platform, solidifying its reputation as a go-to destination for consumers seeking quality and convenience.
DitchCarbon Score
How does Very'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
Very's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Very's reported carbon emissions
In 2023, Very reported total carbon emissions of approximately 3,246,370 kg CO2e, with Scope 1 emissions at about 851,000 kg CO2e, Scope 2 emissions at approximately 2,305,370 kg CO2e, and Scope 3 emissions reaching about 90,000 kg CO2e. This represents an increase from 2022, where total emissions were about 3,124,440 kg CO2e. Very has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2021 as the baseline. Additionally, Very aims to cut Scope 3 emissions by 25% within the same timeframe. Long-term, the goal is to achieve a 90% reduction in all scopes (1, 2, and 3) by 2040, also from the 2021 baseline. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Very's commitment reflects a proactive approach to addressing climate change within the retail sector, demonstrating a clear pathway towards significant emissions reductions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 921,760 | 000,000 | 0,000,000 |
| Scope 2 | 2,163,830 | 0,000,000 | 0,000,000 |
| Scope 3 | 38,850 | 00,000 | 00,000 |
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.
Very is committed to some reduction initiatives 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.
