Vinted Limited Sustainability Profile
Vinted Limited, headquartered in Great Britain, is a leading player in the online second-hand marketplace industry. Founded in 2008, Vinted has rapidly expanded its operations across Europe, with a strong presence in countries such as France, Germany, and the Netherlands. The platform primarily focuses on facilitating the buying, selling, and swapping of pre-loved clothing and accessories, catering to eco-conscious consumers seeking sustainable fashion options. What sets Vinted apart is its user-friendly interface and community-driven approach, allowing users to connect directly without seller fees. Over the years, Vinted has achieved significant milestones, including millions of active users and a robust market position as one of the largest platforms in the second-hand fashion sector. With a commitment to promoting circular fashion, Vinted continues to redefine the way people shop and engage with their wardrobes.
DitchCarbon Score
How does Vinted Limited'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 Other 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 Limited's score of 43 is higher than 67% 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 Limited's reported carbon emissions
Vinted Limited, headquartered in Great Britain, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for the most recent year is not available, Vinted has outlined significant reduction targets based on a 2022 baseline. The company has committed to reducing its absolute Scope 1 greenhouse gas emissions by 42% by 2030 and by 90% by 2050. Additionally, Vinted aims to cut its Scope 2 emissions by 42% by 2030 and 90% by 2050. For Scope 3 emissions, which encompass upstream and downstream transportation and distribution, Vinted targets a 51.6% reduction per upstream parcel delivered by 2030 and a 97% reduction per delivered parcel by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Vinted's commitment to maintaining a trajectory consistent with limiting global warming to 1.5°C. Furthermore, Vinted plans for 68.2% of its suppliers, by emissions, covering downstream transportation and distribution to have science-based targets by 2028. Overall, Vinted's climate strategy demonstrates a proactive approach to sustainability, focusing on substantial reductions in greenhouse gas emissions across all scopes by 2050.
How Carbon Intensive is Vinted Limited's Industry?
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Vinted Limited'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 Limited 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.
