Vinted Inc. Sustainability Profile
Vinted Inc., a leading online marketplace for second-hand fashion, is headquartered in the United States and operates extensively across Europe. Founded in 2008, Vinted has revolutionised the way consumers buy and sell pre-loved clothing, accessories, and footwear, fostering a sustainable approach to fashion. The platform allows users to list items for sale, browse a vast selection of unique pieces, and engage in a community-driven shopping experience. Vinted's commitment to affordability and sustainability sets it apart in the competitive e-commerce landscape. With millions of active users and a strong market presence, Vinted has achieved significant milestones, including expanding its services to multiple countries and continuously enhancing its user-friendly interface. As a pioneer in the second-hand fashion industry, Vinted Inc. remains dedicated to promoting circular fashion and reducing waste.
DitchCarbon Score
How does Vinted Inc.'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
Vinted Inc.'s score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vinted Inc.'s reported carbon emissions
Vinted Inc., headquartered in the US, has committed to achieving net-zero carbon emissions by 2050, as part of its long-term climate strategy. Although specific emissions data for the most recent year is not available, the company has established a framework for its climate commitments through the Science Based Targets initiative (SBTi). Vinted is committed to reducing emissions across all scopes, reflecting a comprehensive approach to climate action. The company has set a net-zero target, indicating its intention to balance any remaining emissions with equivalent reductions elsewhere. This commitment is part of a broader trend within the retail sector, where companies are increasingly recognising the importance of sustainability and climate responsibility. Vinted's climate initiatives are cascaded from its parent organisation, ensuring alignment with industry standards and best practices. As a current subsidiary, Vinted inherits its climate commitments from its corporate family, which enhances its credibility and accountability in pursuing these goals. While specific reduction targets have not been detailed, Vinted's commitment to net-zero emissions demonstrates a proactive stance in addressing climate change and contributing to a sustainable future.
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Vinted Inc.'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.
Vinted Inc. 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.
