- Reducing scope 3 emissions (99% of carbon footprint), which are harder to tackle due to dependence on suppliers, customers, and other stakeholders.
- Balancing global expansion with prioritizing local transactions to decrease shipping distances.
- Addressing the gender gap in tech leadership positions.
Vestiaire Collective
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Vestiaire Collective disclosed greenhouse gas emissions of 19.0K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
19.0K tCO2e/year (2023)
2023
✅ Reported Environmental Achievements
- Reduced absolute emissions by 6% in 2023 despite business growth.
- Reduced air transport for orders from 50% in 2020 to 31% in 2023.
- Increased direct shipping to buyers from 48% in 2020 to 65% in 2023.
- Phased out virgin plastic from packaging.
- Packaging materials are now 98% recyclable with 63% being made with recycled, organic or bio-sourced materials.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 30% reduction of absolute scope 1 and 2 emissions by 2027 vs. 2022
- 40% reduction of scope 3 carbon intensity per unit value added by 2027 vs. 2022
- 70% of suppliers (by emissions) will have SBTi targets by 2027
🌱 ESG Focus Areas
CircularityClimate ChangeSocial ImpactGender EqualityEmployee Well-being