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.
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.
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.
Very's score of 76 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, The Very Group, headquartered in Great Britain, reported total carbon emissions of approximately 3,000,640 kg CO2e. This figure includes 1,000,760 kg CO2e from Scope 1 emissions, 2,147,930 kg CO2e from Scope 2 emissions, and 65,950 kg CO2e from Scope 3 emissions. In comparison, the 2023 emissions were about 3,021,370 kg CO2e, comprising 851,000 kg CO2e (Scope 1), 2,305,370 kg CO2e (Scope 2), and 90,000 kg CO2e (Scope 3). The 2022 data shows total emissions of around 3,124,440 kg CO2e, with 921,760 kg CO2e from Scope 1, 2,163,830 kg CO2e from Scope 2, and 38,850 kg CO2e from Scope 3. The Very Group has set ambitious climate commitments, including a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2021 baseline. Additionally, they aim to cut absolute Scope 3 GHG emissions by 25% within the same timeframe. Long-term, the company is committed to achieving a 90% reduction in total GHG emissions across all scopes by FY2040, also based on the FY2021 levels. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to net-zero emissions across its value chain by FY2040. The emissions data and targets are cascaded from The Very Group Limited, which is the parent organization. The Very Group is actively working towards these goals, demonstrating a strong commitment to sustainability and climate action in the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 participating in some 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.