Vestiaire Collective
Vestiaire Collective, a leading player in the luxury resale market, was founded in 2009 and is headquartered in France. The platform operates primarily across Europe, North America, and Asia, connecting fashion enthusiasts with a curated selection of pre-owned designer items. Specialising in high-end fashion, Vestiaire Collective offers a unique marketplace for authenticated luxury goods, including clothing, accessories, and footwear. With a commitment to sustainability and circular fashion, the company has achieved significant milestones, such as expanding its user base to millions and securing substantial funding to enhance its services. Vestiaire Collective stands out for its rigorous authentication process, ensuring that every item meets the highest standards of quality. As a pioneer in the luxury resale industry, it has established a strong market position, promoting both style and sustainability in fashion.
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 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vestiaire Collective's reported carbon emissions
In 2023, Vestiaire Collective reported total carbon emissions of approximately 18,992,000 kg CO2e. This figure includes Scope 1 emissions of about 20,183,000 kg CO2e, Scope 2 emissions of approximately 739,000 kg CO2e, and significant Scope 3 emissions totalling around 18,792,000 kg CO2e. The Scope 3 emissions breakdown reveals key contributors such as purchased goods and services (approximately 7,596,000 kg CO2e) and upstream transportation and distribution (about 9,340,000 kg CO2e). Vestiaire Collective has set ambitious climate commitments, 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 targets a 40% reduction in Scope 3 emissions per unit value added by the same year. Furthermore, it commits to ensuring that 70% of its suppliers, based on emissions from purchased goods and services and upstream transportation and distribution, will have science-based targets by 2027. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The commitment reflects Vestiaire Collective's proactive approach to sustainability within the retail sector, particularly in the context of circular fashion.
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| 2023 | |
|---|---|
| Scope 1 | 20,183,000 |
| Scope 2 | 739,000 |
| Scope 3 | 18,792,000 |
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 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.
