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**Farfetch**, also known as the Farfetch Group, is a leading global technology platform revolutionising the luxury fashion industry. Headquartered in London, United Kingdom, and founded in 2007, it rapidly established itself as a pioneer in digital luxury retail within the computer and related services sector.
Operating a sophisticated e-commerce marketplace, Farfetch uniquely connects over 1,400 luxury brands, boutiques, and department stores directly with a discerning global customer base. This innovative model offers an unparalleled, curated selection of high-end clothing, accessories, and beauty products.
Farfetch's commitment to technology and partnerships has cemented its position as the premier online destination for luxury fashion worldwide, facilitating seamless discovery and acquisition of exclusive items.
-11 vs industry average
Farfetch’s score of 27 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
Farfetch, a UK-headquartered company in the Computer and related services sector, reported its most recent carbon emissions for 2024. In that year, the company's Scope 1 emissions were approximately 58.9 million kg CO2e, and its Scope 2 emissions were around 300.6 million kg CO2e.
Looking at previous years, in 2022, Farfetch's Scope 1 emissions were 50 million kg CO2e. For 2021, the company reported Scope 2 emissions of 1.2 million kg CO2e and significant Scope 3 emissions, including approximately 70.2 million kg CO2e from purchased goods and services, 364.4 million kg CO2e from upstream transportation and distribution, and 279 million kg CO2e from downstream transportation and distribution. In 2020, Farfetch's Scope 1 emissions were around 637,000 kg CO2e, Scope 2 emissions (market-based) were approximately 2.65 million kg CO2e, and Scope 3 emissions included about 181.45 million kg CO2e from purchased goods and services and 145.98 million kg CO2e from downstream transportation and distribution. For 2019, Scope 1 emissions were roughly 623,000 kg CO2e, and Scope 2 emissions were around 2.64 million kg CO2e.
Farfetch has set Science Based Targets initiative (SBTi) approved commitments. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2020 base year. Additionally, Farfetch has committed that 70% of its suppliers, by emissions covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2026. These targets are consistent with reductions required to keep global warming to 1.5°C.
2030
42% reduction in Scope 2
FARFETCH commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year. FARFETCH commits that 70% of its supplier…
2030
42% reduction in Scope 1
FARFETCH commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year. FARFETCH commits that 70% of its supplier…
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Common questions about Farfetch’s sustainability data and climate commitments
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