Virgin Wines UK PLC Sustainability Profile
Virgin Wines UK PLC, headquartered in Great Britain, is a prominent player in the online wine retail industry. Founded in 2000, the company has established itself as a leading provider of high-quality wines, offering a diverse selection sourced from renowned vineyards around the globe. With a focus on direct-to-consumer sales, Virgin Wines stands out for its unique wine subscription service and exclusive wine club offerings, catering to both casual drinkers and connoisseurs alike. Over the years, Virgin Wines has achieved significant milestones, including a successful listing on the London Stock Exchange, which underscores its strong market position. The company prides itself on delivering exceptional customer service and a curated selection of wines, making it a preferred choice for wine enthusiasts across the UK.
DitchCarbon Score
How does Virgin Wines UK PLC'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
Virgin Wines UK PLC's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Virgin Wines UK PLC's reported carbon emissions
Virgin Wines UK PLC, headquartered in Great Britain, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Virgin Wines commits to reducing its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2021 as the base year. This target aligns with the Science Based Targets initiative (SBTi) and is designed to support efforts to limit global warming to 1.5°C. In addition to its Scope 1 and Scope 2 commitments, Virgin Wines plans to measure and reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. The company’s targets have been approved through a streamlined validation route specifically for small and medium-sized enterprises (SMEs), reflecting its commitment to sustainability within the retail sector. Overall, Virgin Wines UK PLC is actively working towards a more sustainable future by implementing these reduction initiatives, demonstrating its dedication to mitigating climate change impacts.
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Virgin Wines UK PLC'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.
Virgin Wines UK PLC 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.
