Vipshop Holdings Limited, commonly known as Vipshop, is a leading player in the retail trade services sector, headquartered in China. Founded in 2008, the company has rapidly established itself as a prominent online discount retailer, specialising in branded products across various categories, including fashion, beauty, and home goods.
With a strong operational presence in major Chinese cities, Vipshop distinguishes itself through its flash sales model, offering consumers significant discounts on high-quality merchandise. This unique approach has garnered a loyal customer base and positioned Vipshop as a key competitor in the e-commerce landscape. Notable achievements include its successful initial public offering in 2012, which marked a significant milestone in its growth trajectory. As a result, Vipshop continues to thrive in the dynamic retail environment, consistently delivering value to its customers.
-8 vs industry average
Vipshop’s score of 27 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Vipshop?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vipshop's reported carbon emissions
Vipshop's Climate Commitments and Emissions Profile: Retail Sector Insights In 2023, Vipshop Holdings Limited, a Chinese retail company, reported a total of approximately 1.33 billion kg CO2e in greenhouse gas emissions. This figure comprises Scope 1 emissions of around 11.2 million kg CO2e, Scope 2 emissions of approximately 82.5 million kg CO2e, and substantial Scope 3 emissions totalling nearly 1.23 billion kg CO2e. Vipshop is committed to significant emissions reductions, aligning with science-based targets. The company has set near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2022 as the base year. Furthermore, Vipshop aims to decrease its Scope 3 GHG emissions by 51.6% per million USD value added within the same timeframe. These targets are consistent with limiting global warming to 1.5°C. While specific reduction achievements are not detailed in the provided data, Vipshop's commitment to science-based targets signifies a strategic approach to climate change mitigation within the retail sector. The company's reporting covers Scope 1, 2, and 3 emissions, with disclosed upstream categories and missing data points for purchased goods and services, and upstream transportation and distribution within Scope 3.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Vipshop’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Vipshop yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Vipshop
Frequently asked questions
Common questions about Vipshop’s sustainability data and climate commitments
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project