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.
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.
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.
Virgin Wines UK PLC's score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Virgin Wines UK PLC, headquartered in Great Britain, has set ambitious climate commitments aimed at reducing its carbon footprint. The company has established a target to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by the year 2030, using 2021 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and is aligned with the necessary reductions to limit global warming to 1.5°C. While specific emissions data for the most recent year is not available, Virgin Wines is committed to measuring and reducing its Scope 3 emissions as part of its broader climate strategy. The company’s initiatives reflect a proactive approach to sustainability within the retail sector, demonstrating its dedication to environmental responsibility. Overall, Virgin Wines UK PLC's commitment to a 42% reduction in GHG emissions by 2030 positions it as a forward-thinking player in the industry, contributing to global efforts to combat climate change.
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.
