Farfetch Limited, commonly known as Farfetch, is a leading global online luxury fashion platform headquartered in London, GB. Founded in 2007, Farfetch has revolutionised the luxury retail landscape by connecting consumers with a curated selection of high-end fashion from boutiques and brands worldwide. Operating in key markets across Europe, North America, and Asia, Farfetch offers a unique marketplace that features an extensive range of designer clothing, accessories, and footwear. Its innovative approach to e-commerce, including exclusive collaborations and a focus on sustainability, sets it apart in the competitive luxury sector. With a strong market position, Farfetch has achieved significant milestones, including partnerships with renowned fashion houses and a robust logistics network, solidifying its reputation as a go-to destination for luxury shoppers seeking both variety and authenticity.
How does Farfetch'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 Computer 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.
Farfetch's score of 20 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Farfetch reported total carbon emissions of approximately 415,956,000 kg CO2e. This figure includes 1,238,000 kg CO2e from Scope 1 emissions, 3,224,000 kg CO2e from Scope 2 emissions, and a significant 411,494,000 kg CO2e from Scope 3 emissions, which primarily encompass purchased goods and services as well as downstream transportation and distribution. Farfetch has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. Additionally, the company plans for 70% of its suppliers, in terms of emissions from purchased goods and services and upstream transportation and distribution, to establish science-based targets by 2026. These targets align with the goals necessary to limit global warming to 1.5°C, demonstrating Farfetch's commitment to sustainability and climate action within the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 623,000 | 000,000 | 0,000,000 |
Scope 2 | 2,642,000 | 0,000,000 | 0,000,000 |
Scope 3 | 308,077,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Farfetch is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.