Farfetch Ltd

Common Name
Farfetch
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
6,728
Ticker
FTCHQ
Exchange
OTC LINK ATS
Description
Farfetch Limited, together with its subsidiaries, operates a platform for the luxury fashion industry in the United States, the United Kingdom, and internationally. It operates through three segments:...

Farfetch's Climate Target Data Preview

As of 2023, Farfetch has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Farfetch ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Farfetch's Greenhouse Gas Emissions Pathways

As of 2023, Farfetch has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Farfetch have a target to reduce the emissions from its operations?

As of 2023, Farfetch has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Farfetch's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 3,289 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Farfetch has increased them, with 2021 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Farfetch's Operational (Scope 1+2) Emissions Pathway

20202021203001.5 k3 k4.5 k6 kBaselineCurrent (+36%)Target 2030 (-42%)
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