Very Sustainability Profile
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 83 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Very's reported carbon emissions
In 2024, Very reported total greenhouse gas emissions of approximately 1,552,068,000 kg CO2e, with Scope 1 emissions at about 930,000 kg CO2e and Scope 3 emissions at approximately 1,552,068,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its overall greenhouse gas emissions by 90% across all scopes by FY2040, using FY2021 as the baseline year. This target is aligned with the Science Based Targets initiative (SBTi) and reflects a commitment to significant long-term sustainability. For near-term goals, Very aims to achieve a 42% reduction in absolute Scope 1 and Scope 2 emissions by FY2030, and a 25% reduction in Scope 3 emissions within the same timeframe. These targets demonstrate Very's proactive approach to addressing climate change and its commitment to reaching net-zero emissions across its value chain by FY2040. The emissions data for Very is cascaded from its parent organization, The Very Group Limited, which is based in Great Britain. The company's climate strategy is consistent with industry standards and reflects a commitment to reducing its carbon footprint in line with global climate goals.
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| 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 |
How Carbon Intensive is Very's Industry?
How Carbon Intensive is Very's Location?
Very'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.
Very has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Very's sustainability data and climate commitments