Vestiaire Collective
Vestiaire Collective, a leading online marketplace for pre-owned luxury fashion, was founded in 2009 and is headquartered in Paris, France. The platform operates across major regions including Europe, North America, and Asia, catering to a global audience of fashion enthusiasts. Specialising in the resale of high-end clothing, accessories, and handbags, Vestiaire Collective stands out for its commitment to authenticity and sustainability, ensuring that every item is thoroughly vetted before sale. With a robust community of over 10 million members, the company has established itself as a key player in the luxury resale market, promoting circular fashion and reducing waste. Notable achievements include securing significant funding rounds and expanding its offerings to include a wide range of luxury brands, making it a go-to destination for both buyers and sellers seeking unique, pre-loved items.
DitchCarbon Score
How does Vestiaire Collective'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
Vestiaire Collective's score of 39 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vestiaire Collective's reported carbon emissions
In 2023, Vestiaire Collective reported total carbon emissions of approximately 18.8 million tonnes CO2e, with emissions distributed across various scopes: about 20.2 million tonnes CO2e for Scope 1, approximately 739,000 tonnes CO2e for Scope 2, and around 18.8 million tonnes CO2e for Scope 3. This reflects a commitment to transparency in their environmental impact. Vestiaire Collective has set ambitious climate targets, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2027, using 2022 as the base year. Additionally, the company plans to decrease its Scope 3 emissions by 40% per unit value added within the same timeframe. Furthermore, they are committed to ensuring that 70% of their suppliers, based on emissions from purchased goods and services and upstream transportation and distribution, will have science-based targets by 2027. These commitments align with industry standards for climate action, demonstrating Vestiaire Collective's dedication to reducing its carbon footprint and promoting sustainability within the retail sector.
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Add to project2022 | 2023 | |
|---|---|---|
| Scope 1 | 20,183,000 | 00,000,000 |
| Scope 2 | 20,183,000 | 000,000 |
| Scope 3 | 18,992,000 | 00,000,000 |
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.
Vestiaire Collective 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.
