Zhejiang Taobao Network Co., Ltd. Sustainability Profile
Zhejiang Taobao Network Co., Ltd., commonly known as Taobao, is a leading e-commerce platform headquartered in Hangzhou, China. Founded in 2003, Taobao has revolutionised online shopping in China, serving millions of users across the country and beyond. The company operates primarily in the retail and consumer goods sectors, offering a diverse range of products from clothing to electronics. Taobao's unique selling proposition lies in its user-friendly interface and extensive marketplace, which connects buyers and sellers seamlessly. As a subsidiary of Alibaba Group, Taobao has achieved significant market penetration, becoming a household name in Chinese e-commerce. With its innovative features and commitment to customer satisfaction, Taobao continues to set industry standards and shape the future of online retail.
DitchCarbon Score
How does Zhejiang Taobao Network Co., Ltd.'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
Zhejiang Taobao Network Co., Ltd.'s score of 65 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhejiang Taobao Network Co., Ltd., headquartered in China, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Alibaba Group Holding Limited, from which it inherits climate commitments and performance metrics. As a current subsidiary of Alibaba Group, Zhejiang Taobao Network aligns with the sustainability initiatives and targets set by its parent company. Alibaba Group has made significant strides in addressing climate change, including commitments to reduce emissions across its operations. The initiatives include participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in carbon management. While specific reduction targets for Zhejiang Taobao Network are not detailed, the overarching goals from Alibaba Group suggest a commitment to reducing Scope 1, 2, and 3 emissions, thereby contributing to a more sustainable future. The company is also involved in various climate pledges, although specific details on these commitments are not provided. In summary, while Zhejiang Taobao Network Co., Ltd. does not have its own emissions data or specific reduction targets, it benefits from the climate strategies and commitments of Alibaba Group, reflecting a broader industry trend towards sustainability and carbon neutrality.
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| 2020 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Zhejiang Taobao Network Co., Ltd.'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.
Zhejiang Taobao Network Co., Ltd. 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.
