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 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.
Virgin Wines UK PLC, headquartered in Great Britain, has set ambitious climate commitments to address its carbon emissions. The company has committed to reducing 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. Currently, there is no available data on the absolute carbon emissions of Virgin Wines UK PLC, as indicated by the absence of emissions figures. However, the company is actively working to measure and reduce its Scope 3 emissions as part of its broader climate strategy. Virgin Wines' commitment reflects its recognition of the importance of sustainability within the retail sector, particularly as it pertains to climate change. The company is on track to meet its near-term targets, demonstrating a proactive approach to environmental responsibility.
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.
