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OrganisationsVery
Very logo

Very

Retail Trade ServicesUnited KingdomNASDAQ: VERY
Last verified 9 months agotheverygroup.com

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.

65
DitchCarbon score

+29 vs industry average

Very’s score of 65 is higher than 81% 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

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

0.0M0.0M0.0M000.0K0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Very's reported carbon emissions

In 2024, Very reported total greenhouse gas emissions of approximately 3,214,640 kg CO2e, comprising 1,000,760 kg CO2e from Scope 1, 2,147,930 kg CO2e from Scope 2, and 65,950 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by FY2040. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by FY2030 from a FY2021 baseline, and a 25% reduction in absolute Scope 3 emissions within the same timeframe. Long-term, Very aims to achieve a 90% reduction in emissions across all scopes by 2040, also based on the 2021 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Very's commitment to sustainable practices within the retail sector. The emissions data is cascaded from its parent organization, The Very Group Limited.

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Very’s Climate Goals (2030 & 2050)

4 goals

2030

42% reduction in Scope 1

The Very Group commits to reduce absolute scope 1 GHG emissions 42% by FY2030 from a FY2021 base year.

Behind target42%

2030

42% reduction in Scope 2

The Very Group commits to reduce absolute scope 2 GHG emissions 42% by FY2030 from a FY2021 base year.

Behind target42%

2030

25% reduction in scope 3 total

The Very Group also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.

Behind target25%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Very logoVery
GBRetail Trade Services
9 months ago
65
Salesforce logoSalesforce
USComputer Services
6 days ago
100
View
Adobe logoAdobe
USSoftware Publishers
6 days ago
98
View
Microsoft logoMicrosoft
USComputer Services
2 days ago
89
View
YouTube, LLC logoYouTube, LLC
USComputer Services
6 days ago
88
View
LinkedIn Corporation logoLinkedIn Corporation
USComputer Services
4 days ago
86
View
Meta Platforms, Inc. logoMeta Platforms, Inc.
USComputer Services
6 days ago
84
View

Frequently asked questions

Common questions about Very’s sustainability data and climate commitments

In 2024, Very reported total greenhouse gas emissions of approximately 3.2 million kg CO₂e. This includes around 1 million kg CO₂e from Scope 1, roughly 2.1 million kg CO₂e from Scope 2, and about 66,000 kg CO₂e from Scope 3. These figures highlight the company's overall carbon footprint and the significant contributions from both direct and indirect emissions, emphasizing the need for ongoing sustainability efforts in the retail sector.

Data year: 2024

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