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QVC Group Inc
QVC Group's GHG Emissions Data Preview
In 2024, QVC Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
QVC Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind QVC Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into QVC Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofQVC Group amounted to50,402metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of QVC Groupdecreased by 2.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
QVC Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are QVC Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of QVC Group were 12,277 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has QVC Group reduced its Scope 1 emissions over time?
Since 2019, QVC Group's Scope 1 emissions have decreased by 1.51%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), QVC Group's Scope 1 emissions increased by 10.75%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are QVC Group's Scope 2 emissions?
In 2024, QVC Group reported Scope 2 greenhouse gas (GHG) emissions of 38,125 tCOâ‚‚e using the location-based method.a
Has QVC Group reduced its Scope 2 emissions over time?
Since 2019, QVC Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 41.88%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), QVC Group's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that QVC Group's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does QVC Group use for Scope 2 reporting?
In 2024, QVC Group reported its Scope 2 emissions using the location-based method.a
QVC Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into QVC Group's Value Chain Emissions
In 2024, QVC Group reported 631,176 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of QVC Group includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
QVC Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are QVC Group's Scope 3 emissions?
In 2024, QVC Group reported total Scope 3 emissions of 631,176 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), QVC Group's Scope 3 emissions decreased by 13.68%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does QVC Group disclose?
In 2024, QVC Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of QVC Group's Scope 3 emissions?
In 2024, the largest contributors to QVC Group's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 516,449 tCOâ‚‚e(83.59%)
- Upstream Transportation and Distribution (Cat. 4): 101,401 tCOâ‚‚e(16.41%)
QVC Group's Scope 3 Emissions by Categories
Insights into QVC Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, QVC Group reported Scope 1 greenhouse gas (GHG) emissions of 12,277 tCOâ‚‚e and total revenues of USD 10,037 millions. This translates into an emissions intensity of 1.22 tCOâ‚‚e per millions USD.a
QVC Group's Scope 1 Emissions Intensity Compared to Peers
How does QVC Group's GHG emissions intensity compare to its peers?
In 2024, QVC Group reported a Scope 1 emissions intensity of 1.22 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.15, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does QVC Group rank on GHG emissions intensity within its industry?
In 2024, QVC Group ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places QVC Group among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into QVC Group's Total Carbon Footprint
In 2024, QVC Group reported a total carbon footprint of 681,578 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.91% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to QVC Group's total carbon footprint was Scope 3 emissions, accounting for 92.61% of the company's total carbon footprint, followed by Scope 2 emissions at 5.59%.a