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QVC Group Inc

Common Name
QVC Group
Country
United States
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
16,900
Ticker
QVCAQ
Exchange
OTC MARKETS GROUP INC.
Description
QVC Group, Inc. is a live social shopping company that operates six leading retail brands: QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road. It redefines the shopping experience thr...

QVC Group's Climate Target Data Preview

As of 2024, QVC Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based 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 QVC Group'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)
-50%a
2030
Intensity-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Package Delivered
-20%a
2025
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind QVC Group’s Climate Targets Data

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a. QVC Group's ESG Data Spreadsheet 2024

Insights into QVC Group's Greenhouse Gas Emissions Pathways

As of 2024, QVC Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

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

As of 2024, QVC Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

QVC Group's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 78,946 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a

As of 2024, QVC Group is ahead of schedule on its operational emissions reduction target, having achieved 72.32% of the planned reduction.a

QVC Group's Operational (Scope 1+2) Emissions Pathway

201820242030020 k40 k60 k80 kBaselineCurrent (-36%)Target 2030 (-50%)

Does QVC Group have a target to reduce the emissions from its value chain?

As of 2024, QVC Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

QVC Group's most ambitious value chain target is to reduce these emissions by 20% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Package Delivered in 2018.a

As of 2024, QVC Group is lagging behind on its value chain emissions reduction target, having achieved 45.45% of the planned reduction.a

QVC Group's Value Chain (Scope 3) Emissions Pathway

20182024202500000Current (-9%)
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